Could owning or refinancing a home become more affordable without mortgage rates falling?

A new executive order outlines seven proposed changes aimed at reducing the cost of homeownership — from eliminating certain mortgage fees and appraisal requirements to simplifying refinancing paperwork and making mortgage insurance easier to cancel.

In this episode of The RE Source, we break down what these proposals could mean for homeowners, homebuyers, Realtors, and Loan Officers.

We also explain what’s being proposed, what still needs to happen before these changes become available, and why improving housing affordability involves more than just mortgage rates.

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