The Federal Housing Administration and the Obama Administration said on Monday that it plans to issue a set of guidelines that will support borrowers that want to make energy-efficient improvements to their homes.
Read More »Fannie Mae Forecasts Weak Economic Growth for Rest of 2015
Economic growth in the second quarter fell short of July expectations, presenting a less promising outlook for the rest of the year, according to Fannie Mae’s August 2015 Economic and Housing Outlook.
Read More »Homeowners’ Insurance Could As Much As Double for Borrowers With Poor Credit, Study Finds
Credit scores have become an increasingly important rating factor when it comes to how much a consumer pays for homeowner's insurance. According to a new insuranceQuotes.com study, homeowners with low credit scores pay twice as much for homeowner's insurance compared to those with excellent credit.
Read More »U.S. Home Prices Closer to Pre-Crisis Peak
Black Knight Financial Services' Data and Analytics division released its June 2015 Home Price Index report, finding that U.S. home prices were up 0.9 percent for the month, and have gained 5.1 percent year-over-year.
Read More »Presidential Candidates Urged to Reform Fannie Mae & Freddie Mac
Edward Demarco challenges the issue of taxpayers guaranteeing repayment for three out of every four mortgages by suggesting that Fannie Mae and Freddie Mac be reformed and removed from taxpayers pockets.
Read More »Millennial Renters Desire Homeownership Pending Income Improvements
Many housing experts feel that millennials are not as interested in homeownership than previous generations and prefer the freedom of renting instead, according to Fannie Mae commentary by Sarah , strategic planning analyst for Fannie Mae's Economic and Strategic Research Group.
Read More »Cash Sales Share Lowest Since July 2008
According to CoreLogic's August 2015 Market Pulse report, the share of total residential home sales in May 2015 that was made up of all cash sales was 31.9 percent, down from 35.1 percent in May 2014.
Read More »Mortgage Rates Slightly Lower Amid Little Movement in Financial Markets
Fixed mortgage rates changed very little this week compared to last week, with little activity occurring in financial markets, according to Freddie Mac's Primary Mortgage Market Survey.
Read More »Baby Boomer Homeowners Are Remaining in Single-Family Homes, Report Finds
Many people believe that the Baby Boomer generation have started downsizing from their single-family homes to live in apartments. A recent housing insights report from Fannie Mae's Economic & Strategic Research Group challenges this idea, finding that Baby Boomers are not fleeing to apartments but remaining in their homes.
Read More »Existing-Home Sales Soar to Highest Level in Eight Years
Existing-home sales rose higher in July, while low inventory levels and rising prices are the largest factors lowering sales to first-time buyers to their lowest share since January, according to a report from the National Association of Realtors released Thursday.
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