Fannie Mae announced on Wednesday that Sheila C. Bair will take on the role of Chair of Fannie Mae’s Board of Directors. The Board unanimously passed a resolution ...
Read More »30-Year Fixed-Rate Mortgage Hits Record Low
Freddie Mac announced that the 30-year fixed-rate mortgage (FRM) has reached its lowest rate since the government-sponsored enterprise began publishing its Primary Mortgage Market Survey (PMMS) in 1971. ...
Read More »Home Equity Continues to Rise, Even in Uncertain Economy
Of the 58.9 million mortgaged homes in the United States, 16.7 million considered equity-rich, meaning that the combined estimated amount of loans secured by those properties was less than 50% ...
Read More »How Have Mortgage Application Volumes Shifted?
The results from the most recent Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey have just been released. The survey, which analyzed data for the week ending on ...
Read More »COVID-19 Driving Digital Mortgage Lending
In the midst of the pandemic and economic turmoil, seamless digital transactions will be at the epicenter of business survival, according to a study by the Economist Intelligence ...
Read More »Millennials Jump to Refinance Mortgages
Scores of millennials leaped at the chance to refinance their mortgages in September, according to the latest Ellie Mae Millennial Tracker. During that month, there was an acceleration ...
Read More »Charting Older Adults’ Access to Housing
A generation's desire to "age-in-place" has created a need for officials and policymakers at local levels to assess how well they are meeting the needs of homeowners at ...
Read More »Top DS5 Videos on Technology and Working Remotely
The pandemic has made waves throughout all industries, including housing. With many housing industry professionals working from home, executives have had to step up to the challenge of ...
Read More »FHA Issues Pair of Partial Waivers
On Friday, the Federal Housing Administration (FHA) announced the issuance of two temporary partial waivers. This pair of waivers, which will apply directly to the Home Equity Conversion ...
Read More »Home Prices Spike at Greatest Appreciation in Six Years
Home prices rose by 6.7% year-over-year during September, the greatest annual increase since May 2014, according to the latest Home Price Index (HPI) data released by CoreLogic. On ...
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