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ALTA Celebrates 21st Century ROAD to Housing Act Becoming Law
“ALTA congratulates Chairman Tim Scott, Ranking Member Elizabeth Warren, Chairman French Hill, Ranking Member Maxine Waters and congressional leaders for advancing this historic legislation,” said ALTA CEO Chris Morton. “This is a big win for the American people. Homeownership is one of the most important ways families build stability, security and generational wealth, and the 21st Century ROAD to Housing Act is an important step toward helping more Americans achieve that dream.”
New NAR Survey Finds Americans Value Neighborhood Walkability
A new survey by the National Association of REALTORS® shows that Americans value walkability, mixed-used neighborhoods and a broad range of housing choices. Demand for smart-growth features, such as access to parks, shops, restaurants, schools and workplaces, is real—and many Americans are willing to pay more for them.
Remodeling Market Sentiment Remains in Positive Territory in Second Quarter
“Remodeler sentiment has been positive and stable over the past year,” said NAHB Remodelers Chair Elliott Pike, a remodeler from Homewood, Ala. “The major headwinds that are preventing an even stronger remodeling market include rising costs, political and economic uncertainty, and difficulty obtaining financing with favorable interest rates for larger projects.”
NAR Existing-Home Sales Report Shows 2.4% Decrease in June
“The median home price has reached an all-time high. Even so, affordability is better than a year ago because wage growth is outpacing home price growth,” Yun continued. “However, progress on long-term housing affordability could be hampered if inventory growth continues to stall. Without consistent gains in inventory, home prices can accelerate. It is critical to introduce more supply to the market to widen the opportunity for homeownership.”
MISMO Publishes White Paper, Roadmap for Scaling Digital Mortgage Adoption Through eClosing
MISMO®, the real estate finance industry's standards organization, today announced the release of its new white paper, “From Paper to Performance: How eNotes and eClosing Streamline Liquidity.” The paper provides guidance for originators, warehouse lenders, investors, and technology providers to implement digital mortgage solutions.

Mortgage Applications Decrease in Latest MBA Weekly Survey
“Mortgage application volume was little changed during the week of the nation's 250th Independence Day celebration, as the 30-year fixed rate increased slightly to 6.58 percent,” said Mike Fratantoni, MBA’s SVP and Chief Economist.
NAR Statement On the 21st Century ROAD to Housing Act and More Homes on the Market Act
“The 21st Century ROAD to Housing Act will help increase housing supply, improve affordability, expand opportunities for first-time homebuyers, and empower more families to achieve the American Dream of homeownership. After nearly two years of work, we have a historic opportunity to strengthen our housing market, expand access to homeownership, and create lasting economic opportunity by enacting this legislation into law."
MBA Statement on FHFA and GSEs' Release of Historical Credit Score Data
“MBA welcomes the release of updated historical credit score data to support the implementation of VantageScore 4.0 and FICO 10T and appreciates the continued leadership of FHFA Director William Pulte and the GSEs in advancing this effort. Making this information available is a significant milestone that will help lenders, investors, and technology providers prepare for a successful transition to a fully modernized credit scoring framework."
Mortgage Applications Increase in Latest MBA Weekly Survey
“Mortgage rates eased slightly last week as oil prices declined. As a result, mortgage applications increased modestly, with an uptick in purchase activity offsetting a smaller decline in refinances,” said Joel Kan, MBA’s Vice President and Deputy Chief Economist. “Purchase applications remain ahead of 2025’s pace and have exhibited year-over-year growth for almost three months, as prospective homebuyers are finding opportunities in markets with ample inventory and easing home-price growth."
NAR Statement On Sweeping Tax Reform Bill One Year Later
"One year after becoming law, the tax provisions included in this legislation continue to benefit homeowners, consumers, and small businesses while helping make homeownership more affordable and accessible. By preserving the mortgage interest deduction, extending lower individual tax rates and the qualified business income deduction, protecting 1031 like-kind exchanges and business SALT deductions, and increasing the SALT deduction cap, these policies continue to support families, strengthen local economies, and promote investment in housing."
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