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Tag Archives: Fannie Mae

Weak Growth Will Continue as Housing Slows

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.

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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.

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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.

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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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