GOP bill to repeal mortgage rate hike for homebuyers with good credit scores

Biden’s New Federal Housing Rule Sparks Controversy

Get ready for some major changes in the housing market. Biden’s new federal housing rule will mandate homebuyers with good credit scores to pay higher mortgage rates and fees, all in an effort to subsidize homebuyers with riskier credit. But not everyone is on board with this plan. House Republicans are trying to stop it.

Expert Opinion: Derrick Evens Weighs In

One America’s Stella Escobedo spoke with Derrick Evens, a financial expert, about what this means for homebuyers. According to Evens, this new rule could have a significant impact on the housing market, making it harder for those with good credit to buy a home.

Other Headlines:

• Florida’s Gov. Ron DeSantis Is Traveling On An Overseas Trade Mission
• The Chairman Of The House Judiciary Committee, Ohio Republican Congressman Jim Jordan
• With Lt. Col. Robert Maginnis
• European Commission Proposes New Patent Rules
• Mobileye Global Inc Lowers Annual Revenue Forecast
• Indian IT Services Provider Wipro Ltd Reports Dip In Quarterly Profit
• Russian Tech Giant Yandex Reports 54% Jump In First-Quarter Revenue