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Are Mortgage Rates Poised to Fall?

“These high interest rates have had a great impact on the U.S.’ overall economic performance,” said National Association of Realtors Chief Economist Lawrence Yun. “Statistically, this is much better than the historical average, but if we look at this component, there are some worrying signs in the economy.”

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FHA Helped 765,000 Families Purchase Homes in FY 2023

The FHA has issued its Annual Report to Congress for fiscal year 2023, highlighting the impact of insurance premium reduction, assistance for approximately two million struggling homeowners, and support of underserved borrowers and communities.

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Examining the Benefits of Home Improvement Loans

While they can be costly, home improvements are a necessary part of homeownership for many. As many homeowners don't have cash on hand to put toward their home projects, a new LendingTree study revealed where and how common home improvement loans are throughout the U.S.

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Home Sellers Drawing in Buyers With Concessions

As homebuyer demand cools as a result of October mortgage rates hitting their highest level in over two decades, a new Redfin report showed that the share of home sellers offering concessions to attract more buyers is increasing, as some experts say house hunters are "pickier than ever before."

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Renters Agree: Credit Score Would be More Stable if Rent was Included

Nancy Atwell, the Multifamily COO and SVP for Fannie Mae, has authored a new Perspectives Blog post focusing on renters and their credit reports using data from a new poll that found a sound majority of renters want their rent payments to count towards improving their credit file kept by the three credit bureaus.

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