Mexico’s president launches ambitious, zero-interest mortgage plan

One month into her presidency, Mexican President Claudia Sheinbaum announced a new initiative to address her country’s housing deficit by building 1 homes and offering zero-interest mortgages, a development first reported by Newsweek. The program is designed to support vulnerable groups, including f
Read MoreHere’s where economists think the housing market is headed
Housing markets across the country have stalled since mortgage rates began to rise in 2022, but relief may be on the way. That’s according to Lawrence Yun, chief economist for the National Association of Realtors (NAR), whose latest forecast calls for a 9% increase in home sales in 2025 and a furthe
Read MoreNykia Wright wants to make NAR an association for ‘today and tomorrow’

For Nykia Wright, CEO of the National Association of Realtors, 2025 is going to be all about turning NAR into a trade association for the future while rebuilding relationships with members. “NAR is really focused on rebuilding the association for today and tomorrow,” Wright told NAR members gathered
Read MoreUrban Institute: Zero-down FHA mortgages could expand first-time homeownership

Downpayment assistance programs are available to first-time homebuyers across the country in the form of more than 2,400 such offerings at the local and state levels, but they have not had an appreciable impact on the level of U.S. homeownership. This is why a zero-down Federal Housing Administratio
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