Despite mortgage rates pulling back over the past month, numbers are down 59 basis points from the recent peak of 5.22% according to the latest Fannie Mae survey, they continue to anticipate a slowdown in home sales activity.
Read More »Housing Starts Slip Amid Economic Headwinds
Housing starts fell further than anticipated in July, as multi-family becomes a bright spot with builders adapting to a growing rental market.
Read More »GSE Survey: Homebuyer Confidence Continues to Wane
A new survey from Fannie Mae finds that homebuying confidence has fallen for the majority of the year.
Read More »Survey: Lenders Tightening Budgets
Doug Duncan, SVP and Chief Economist at Fannie Mae, comments on the most recent Mortgage Lender Sentiment Survey, which found that major lenders are working on cutting costs amid a tumultuous real estate market.
Read More »Fannie Mae Index Examines Refi App Activity
Fannie Mae’s new index provides two measures: volume of unpaid principal balance in dollars and a loan count. The RALI sources data from Fannie Mae’s Desktop Underwriter to show both the past week’s refinance application trends and prepayment projections.
Read More »Fannie Mae Predicts Recession Conditions in Early 2023
The research arm of Fannie Mae has moved its recession prediction from the second to the first quarter of 2023. Here are insights from Chief Economist Doug Duncan.
Read More »Firing Up Marketing Efforts as the Market Cools Down
Mortgage marketers are beginning to lean more heavily on lead providers to maintain volumes, but Rob Rokoff of Verisk Marketing Solutions explains that there are privacy and regulatory issues to navigate.
Read More »Home Price Growth Continues to Wow
Prices grew at an annualized rate of over 19% last quarter, further pressuring homeseekers to make every penny count.
Read More »Former FHFA Chief Calabria Named to Evolve Mortgage’s Advisory Board
Current Senior Advisor to the Cato Institute joins eMortgage technology solutions provider’s Advisory Board to drive change, and propel the company and industry forward.
Read More »Answering the Affordability Bell
Paul Buege, President/CEO of Inlanta Mortgage, explains that through education and knowledge, homeownership can become a reality despite the forces of affordability and other factors that stand in the path of today’s buyers.
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