HUD Swears in Anna Maria Farías as New Assistant Secretary of Fair Housing and Equal Opportunity

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The Department of Housing and Urban Development (HUD) has announced that Anna Maria Farías has been sworn in as new Assistant Secretary of Fair Housing and Equal Opportunity. Farías—whose office is responsible for working to “eliminate housing discrimination, promote economic opportunity, and achieve diverse, inclusive communities”—was confirmed by the Senate last week, and President Trump announced his intent to nominate her for the role in June 2017.

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Home Prices Up, Mortgage Rates Down

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According to the recently-released National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) home affordability went down in the second quarter of 2017. The rise in home prices counteracted a drop in mortgage rates to continue complicating issues for homebuyers.

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