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HUD’s green retrofitting program issues $173M in grants and loans

Housing Wire

million in new grant and loan awards under the Green and Resilient Retrofit Program (GRRP), which brings the level of total funding awarded under it to $544 million, now comprising more than 50% of the full allocation. Department of Housing and Urban Development (HUD) on Thursday announced $173.8

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Why industry watchers expect mortgage rates to fluctuate in coming weeks

Housing Wire

In return, rates will continue to fluctuate over the coming weeks as incoming data changes and market participants adjust to the new reality as it unfolds, Green projected. “We are once again at a key critical area of the 10-year yield, and if we can break this level, the short-term rates have room to go lower,” Mohtashami said.

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MAXEX unveils green energy home improvement loans

Housing Wire

MAXEX , a digital exchange platform for buying and selling residential loans, announced on Wednesday the launch of two new lending programs in collaboration with JPMorgan Chase for green energy home improvements. These ESG programs fill a significant void in the mortgage market by increasing incentives for green energy improvements.”.

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Top Markets for Green Homes in 2021

Appraisal Buzz

In recent years, green and high-performance properties have captured a rapidly growing share of the new home market in the U.S.—and As an appraiser, you know it takes a certain level of specialized knowledge and skill to value these types of complex properties. and this trend is expected to continue in 2022.

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Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024

Housing Wire

Last year, when the 10-year yield was at this level, they went hawkish, bond yields rose and they believe that was too restive. It seems to me they didn’t want to make that same mistake today.” “I As with investors strengthening their bets of an initial rate cut in June, that same sentiment is shared among housing pros. “I

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The 2022 housing market: A tale of two halves

Housing Wire

Marty Green thinks of the housing market in 2022 as two very different movies. The Big Chill” or “Frozen,” says Green, principal at real estate law firm Polunsky Beitel Green. The 2002 housing market has been a tale of two halves,” said Green. over asking price. High octane stuff. High octane stuff.

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Opinion: Covid helps green the building industry

Housing Wire

The benefits of green building materials and practices have been discussed when creating our homes and workplaces for a while now. In a short amount of time, it became apparent that we would need to embrace green building concepts such as daylighting, orientation, insulation, ventilation and mass (DOIVM*) for a healthier home environment.

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