Government

Driven by increased activity in the jumbo mortgage market, the MBA reported mortgage credit availability on the rise to begin Q4, as lenders have begun to offer more ARM products to offset mortgage rates that reached nearly 8% in the second half of October.

The CFPB, Federal Reserve Board, and OCC have jointly launched new thresholds for smaller loan exemption from appraisal requirements for higher-priced mortgage loans for 2024.

An upcoming gathering hosted by the Urban Institute and National Community Stabilization Trust will feature a cross-section of industry experts and government leaders exploring how to boost the U.S. housing shortage and protect the future of homeownership.

Freddie Mac reports a second week-over-week slide in the 30-year fixed-rate mortgage, as markets adjust to the Fed’s second consecutive pause in rate hikes. Here are the factors a Freddie Mac economist says are allowing the housing market to “remain stagnant.”

A recent House Committee on Small Business hearing examined regulations from the Department of Energy and the impacts they are having on both home seekers and home builders.

A new study has found that housing authorities rolled out a number of homebuyer assistance programs in Q3 to assist buyers and take the edge off of monthly mortgage payments.

A new Realtor.com poll has found that only three in 10 U.S. veterans realize they can buy a home with zero down. After the link, read more on a new campaign to help educate U.S. vets and servicemembers on the benefits of VA loans.

“Borrowing and lending were down for every property type and capital source from one year ago. However, compared to this year’s second quarter, volumes were more stable, and some sectors—including industrial properties and life company lenders – showed an uptick in volume,” said Jamie Woodwell, MBA’s Head of Commercial Real Estate Research.

New findings from Fannie Mae’s HSPI revealed consumers are increasingly expressing “pessimism toward the larger economy this month, in addition to their ongoing frustration with the housing market,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist.

The American Enterprise Institute has analyzed the FHFA’s appraisal-level dataset, digging deeper into a selected set of data fields found in appraisal reports. Click through to find out some of AEI’s findings regarding valuation bias.