Tag: Renters
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CFPB, FHFA, & HUD Launch Joint Mortgage & Housing COVID-19 Assistance Website
The Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban Development (HUD) have jointly launched a new mortgage and housing assistance website to help Americans impacted by the COVID-19 pandemic navigate through this time with the latest accurate housing assistance information. Homeowners and renters can access the…
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Housing Costs Ease for Homeowners But Not Renters Since 2008
A decade after the housing crisis, a U.S. Census Bureau report shows that housing cost burden has eased for homeowners but has remained stagnant for renters since the peak of the recession. Recent data from the American Community Survey (ACS) estimates the percentage of “burdened” households that spend at least 35 percent of their monthly…
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Most and Least Affordable U.S. Metro Cities
A new study by GOBankingRates looks at the most and least affordable U.S. metro cities to live in by evaluating government and industry data. To determine this list, researchers looked at how much money one would need to cover basic necessities, such as housing, health care, groceries, utilities and transportation.
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Renters and Homeowners Eligible for SBA Disaster Loans
From the hurricanes that hit Texas, Florida and Puerto Rico, to the wildfires and mudslides that devastated parts of California, the past year has been fraught with catastrophic natural disasters which have uprooted countless Americans from their stable lives. All victims of declared natural disasters—businesses, private nonprofits, homeowners and renters—are able to apply for low-interest…