In order to more closely align with the FHFA’s hike in conforming loan limits for 2024, Ginnie Mae has revised its definition of High-Balance Loans for single-family forward mortgage loans nationwide.
Read More »FHFA Increases Baseline Conforming Loan Limit by $40K+
Keeping pace with the rise in median housing prices nationwide year-over-year, the Housing and Economic Recovery Act requires the FHFA to adjust the GSEs’ baseline CLL value annually.
Read More »HUD Awards $25 Million to Seven Public Housing Agencies
HUD’s latest investment will boost access to housing vouchers for families by addressing barriers to equitable housing solutions in seven markets nationwide.
Read More »The American Dream Proves Resilient Despite Housing Market Challenges
Even considering rampant inflation and high mortgage rates, the idea of owning a home and achieving the American Dream remains a primary goal for large swaths of the population, according to a survey from Falls & Co.
Read More »Peak Affordability: Ranking the States With the Most Affordable Mortgage Payments
A new study reveals the top 10 most affordable states where mortgage holders spend below 25% of their monthly income on their mortgage payments.
Read More »Fannie Mae Analysis Predicts a Rebounding Economy in 2025
"The economy is now slowing from the otherwise robust first estimate of third quarter growth," said Doug Duncan, Fannie Mae SVP and Chief Economist.
Read More »Ranking the Nation’s Top Destinations for Snowbirds
As the winter sets in across the U.S., StorageCafe has found that Florida remains the best state overall for snowbirds, with 42 cities in the top 100 list, only challenged by Texas.
Read More »Mortgage App Volume Rises to Six-Week High
Homebuyers nationwide are finding some relief entering the Thanksgiving holiday, as mortgage rates have fallen to levels last reported in late-September, garnering interest from buyers and driving up overall app volume to levels not seen in over a month.
Read More »Cramped Quarters
A new study analyzes which U.S. cities had the smallest living spaces, which cities offered the least bang for a buck, and why many are seeking to expand their living spaces.
Read More »Identity Crisis
How can digitization help reshape the battle against seller impersonation fraud as cybercriminals continue to find new ways to exploit unsuspecting buyers?
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