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Daily Dose

Making Housing More Affordable

suburb

From now through November 1, Fannie Mae will be accepting ideas for affordable housing through the Innovation Challenge, part of Fannie Mae’s Sustainable Communities Initiative. Click through to for more information and to learn how to respond.

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Where Buyers Can be a Little Pickier

With inventory concerns begin to fade, sellers in some markets are beginning to become more competitive. Find out which cities have seen the highest price drops as supply constraints continue to ease.

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Fixed-rate Mortgages Still the Loan of Choice

Underwriting

90 percent of Reverse Mortgage Backed Securities include fixed rate loans, meaning U.S. mortgage borrowers still choose fixed-rate mortgages as their loan of choice. With the upcoming end of LIBOR, the common ARM index, see what makes fixed rates the preferred loan.

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Housing Stock and Affordability

Home values

A new working paper published by the FHFA gives insights into how much housing stock is affordable to households with different incomes using the available metrics to gauge this comparison. Here’s what it found.

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Mortgage Balances Decline

According to a recent report, the national total unpaid principal mortgage balances have been on a steady decline. See how mortgages and delinquencies alike have performed recently.

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