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Secondary Market

Mortgage Rates Turn Downward

“While elevated rates and other affordability challenges remain, inventory continues to be the biggest obstacle for prospective homebuyers,” said Freddie Mac Chief Economist Sam Khater.

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Fannie Mae and Freddie Mac Show Strong Q1

Both GSEs helped promote sustainable homeownership and rental opportunities nationwide in Q1 of 2023, amid an uncertain economic quarter highlighted by continued Fed rate hikes and several bank failures.

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HUD Announces New Steps to Combat Racial Bias in Appraisals

“HUD is committed to making the appraisal process fair nationwide. We must eliminate bias in home valuations so that everyone can equally reap the benefit of wealth—and intergenerational wealth—that come along with homeownership,” said HUD Secretary Marcia L. Fudge.

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