Tag Archives: credit tightening

According to Fannie Mae's Economic and Strategic Research Group expectations for Q1, the increase in the sales pace from the end of 2022 to the beginning of 2023 revealed that homebuying demand remains buoyant and was unexpectedly responsive to small declines in mortgage rates.

These are the steps being suggested by lenders to improve affordability for first-time homebuyers in Fannie Mae’s Quarterly Lender Survey.