How Trump’s plan to ‘seal the border’ impacts housing construction and affordability

A recurring theme of president-elect Donald Trump‘s campaign efforts is ramping up as his incoming administration intends to “seal the border” and deport millions of immigrants in 2025. This move has caused housing industry professionals to wonder how efforts to build more homes will hold up. In 202

Citi invests in mortgage platform Pylon

Mortgage infrastructure provider Pylon received a minority strategic investment from Citi and closed a deal to sell mortgages on its platform through the bank’s mortgage trading desk, the parties announced on Tuesday. Pylon, founded in 2022, has Peter Thiel, the co-founder and former CEO of PayPal,

FHA loan limit increases to $524,225 in 2025

The Federal Housing Administration (FHA) is increasing the “floor” and “ceiling” FHA loan limits in 2025 to $524,225 and $1,209,750, respectively, the agency announced Tuesday. The new FHA loan limits apply to forward mortgages for a one-unit property and take effect on Jan. 1, according to the publ

FHA’s HECM limit rises above $1.2 million in 2025

The limit for federally backed reverse mortgages is increasing for the ninth consecutive year. The Federal Housing Administration (FHA) announced on Tuesday via Mortgagee Letter (ML) 2024-22 a maximum claim amount of $1,209,750 in 2025. That’s up $59,925 from the current limit of $1,149,825 for Home