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Posted on 10/15/2025 9:14:26 AM PDT by marcusmaximus
The number of new FHA mortgages granted to non-permanent residents has dropped to near-zero following the Trump administration’s recent executive orders targeting immigrants, according to new data.
In a March 26 letter, the Department of Housing and Urban Development announced that non-permanent residents in the United States, including H-1B visa holders, would no longer be eligible for mortgages insured by the Federal Housing Administration (FHA), effective May 25.
The move, the letter said, was in line with President Donald Trump’s “commitment to safeguarding economic opportunities for U.S. citizens and lawful permanent residents,” while also ensuring that “federal benefits, including access to FHA-insured mortgages, are reserved for individuals who hold lawful permanent resident status.”
-snip-
The strictness of these requirements shows that the Trump administration’s new policies, combined with the current high cost of homebuying, have severely hindered non-permanent residents’ ability to step onto the property ladder, according to the latest data.
(Excerpt) Read more at msn.com ...
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MORE MORE!!!!
WINING!!!!!!!!
MORE ICE PLEASE!!!!!!!!!!!!!!!!
A fair amount on the market here. We have been a buy in at any cost area.
No longer.
The out of country monies that were buying the NYC ca and other places have dried up so Brooklyn can’t sell and come here and buy.
I am seeing signs up for 3 or 4 months now.
And rental people quality has diminished.
Rentals have been overbuilt and there will be a push to fill them with anyone. Slum time.
I see a certain confusion of viewpoints here. Trump’s moves on the H-1B visas may be good if it encourages better science and technical education in our schools, but it seems you have different views on housing. One of you is concerned condo building pushes out private houses and leads to neglected neighborhood environments. The other one praises how living in trailer parks and slums enables one to get ahead financially to buy a home, but what kind of home? Either way the problem is getting the slum out of the people, then the neighborhood—poor, rich, or privately owned will be clean, orderly, and peaceful.
housing will not collapse, it will normalize.
Right on
My daughter and her husband bought in the eastern area of Louisville about 5 years ago. They bought at $520k and zillo has their place at a little over a million now.
Meanwhile, my other daughter and her husband bought in Seattle (east northgate way area) for about $2mm at about the same time. It’s now worth about $1.8mm
I bought mine in rural kentucky 16 years ago. It’s worth roughly what we paid for it, taking into account the improvements we’ve made. i.e. Zillo’s price seems to factor them in. But we didn’t buy to sell. We bought our own garden of Eden and we’ll sell only if we have to go into assisted living.
My point is if you want to suceed you can with hard work.
Buy that trailer,buy that fixer upper.
Work and build your credit.
Build up,sell out and move on up.
No one just hands you the keys to the golden ballroom.
Not everyone lives in a big city,but if you do,you have 2 choices suck it up or MOVE.
Refuting rumors of a Texas-developed, H-1B-only housing project.
Key facts about H-1B visa holders and housing in Texas:
Discrimination is illegal: Federal and Texas fair housing laws prohibit discrimination in housing based on race, color, national origin, religion, sex, disability, or familial status.
Open market: H-1B visa holders can legally purchase a home or rent property anywhere in the state, and many large banks offer mortgages to them. Their visa status alone cannot be used to deny housing.
Hiring discrimination claims: Some H-1B visa holders may face housing discrimination, which they can report to the U.S. Department of Housing and Urban Development (HUD).
Anti-Asian legislation: In 2025, Texas Senate Bill 17 restricted real estate purchases and rentals by people and companies from India, China, Iran, North Korea, and Russia.
While this law was not specifically for H-1B holders, it was criticized for creating a discriminatory environment for immigrants.
.
FYI, because of a lot of the SAN-FRAN-FREAK-O's of the North ideas on how to tax & spend, a lot of real estate has lost tremendous amount(s) of equity, especially down town area around the Space Needle.
If your daughter hasn't conveyed the simple fact that "Western-Washington" {West of the Cascade Mountain Range, to the Olympic Mountain Range} is also known as commie-central, should tell you that she's a supporter of TAX & SPEND, oh and FIRE anyone who wouldn't take the JAB, and pay for illegal's health care.
It is well documented that Seattle / SAN-FRAN-FREAK-O's of the North has one of the biggest Industrial Homeless Complex's in the Nation, only behind California. That couldn't possible be why real estate prices are falling like a rock. I'm not making too much NOISE-ROLLING-MY-"F-ING-EYES."
For what it's worth, I live approx. 50 miles North of that 3rd world shite-can, my normal every day carry is a Walters-380-(007-Gun,) when knowing I have to go into said jungle, I switch up to my 45-Cal. & two back-up 17 round mag's. Just to be a good boy scout and be prepared for any surprised visits if you will.
H1B’s are not buying houses until they get their Green Cards
wonderful news!
This is basically what my husband and I did. We followed the improvement on streets, bought a head of the change for $21k in 1967. Later found 4 years earlier it was listed in 100 worst blocks in the city. Both husband and I were victims of felonies in the next 10 years there. We had worked 4 or 5 years saving the $4,000 down payment for $21k house. My older husband died years ago. In early 1980s he came into some money, but I persuaded him to buy another house before he drank up all the money.
Now my partner is urging me to sell one house before the market drops so we can enjoy our elderly years together. But I have 2 sons and 4 grandchildren to consider, so I will do ???? I guess you could say we sucked it up, and the houses are in the $1million neighborhood.
Low income should be temporary. It should not be a permanent state.
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