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Economy

Vermonters receive relief of $4.9 million from National Mortgage Settlement

The nation’s largest mortgage servicers have distributed $26.1 billion in direct relief to nearly 310,000 homeowners, or roughly $84,385 per homeowner as part of the National Mortgage Settlement, accordin

VHFA's interest rate drop makes it a great time to buy

After dropping it's home mortgage interest rates today, VHFA's rates have never been lower: 

Federal Reserve plan likely to have only minor boost for housing market

After consulting national housing market economists last week, the New York Times reported that the Federal Reserve's Systems upcoming actions would likely have only modest effects on the overall recovery. 

U.S. median income fell and income inequality grew in 2011

Estimates from the U.S.

Application deadline for borrowers who think they were harmed during foreclosure extended

Borrowers nationwide who think they were financially harmed during the mortgage foreclosure process in 2009 or 2010 may request an independent review and potentially receive compensation.

Vermont home prices hit bottom

Housing and real estate markets in both the U.S. and Vermont, as measured by home prices are probably close to or just past their "cyclical troughs",  according to economists at Kavet, Rockler, and Associates. 

HUD chief chats with nation's homeowners this Thursday at 3:15 pm

U.S. Secretary of Housing and Urban Development, Shaun Donovan, will answer questions from homeowners and go over the issue of refinancing via a live on-line video "hangout" on Thursday at 3:15 PM.  

State housing finance agencies boost U.S. housing market recovery

VHFA and its counterparts across the nation are increasing home buying activity through “very solid” tax-free municipal debt, according to

Recession prompted national increase in household sharing

The number and percentage of shared households increased over the course of the recent national recession, according to a report released last month by the Census Bureau.  A “shared househ

GAO concludes year-long review of Recovery Act programs run by state HFAs

The U.S.

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