New report discusses the GSE’s guarantee fees charged in 2021, and provides a four-year perspective with data dating back to 2018.
Read More »Mortgage Credit Availability Slides to Nine-Year Low
The MBA reports that credit standards are becoming more restrictive, as its Mortgage Credit Availability Index drops to its lowest level since March of 2013.
Read More »Freddie Mac Partners With Veteran Non-Profit to Promote VA Loans
“The ability to find affordable housing in the current market is seen as a major challenge facing those transitioning from active duty,” said Stacy Walker, Director, Housing & Community Outreach for Freddie Mac.
Read More »The Week Ahead: Developing the Nation’s Colonia Regions
The House Financial Services Committee will host a hybrid hearing focused on poverty in the nation’s colonias, discussing their housing and community development needs and challenges in these communities.
Read More »Mortgage Rates Edge Back Above 7%
After slight relief in mortgage rates last week, the Fed’s sixth rate hike of the year finds the housing market adjusting to rapidly tightening monetary policies, as rates returned north of the 7% mark.
Read More »Homebuyers Anticipate Housing Prices to Crash
As the housing market continues to rebalance, a new Zillow survey of agents reveals the top misconceptions among aspiring homebuyers and sellers.
Read More »Properties in Minority Areas Still Suffering From Racial Undervaluation
“The Brookings Institute showed a robust relationship between lower valuations and Black neighborhoods,” wrote Jonathan Liles, Senior Financial Analyst for the FHFA.
Read More »Mortgage Rates Retreat Slightly Under the 7% Mark
Diminished demand in the housing market has been further dampened by erratic mortgage rates, which dipped slightly this week, as affordability issues continue to put buying significantly out of reach for many.
Read More »Mortgage Rates Eclipse 7%
For the first time since April 2022, mortgage rates have surpassed the 7% mark, with many potential buyers now waiting to see where the market is headed, thus pushing home prices further downward.
Read More »Fannie & Freddie to Use New Credit Scoring Models
The Federal Housing Finance Agency approved the use of FICO 4T and VantageScore 4.0 to score applicants for government-sponsored loans. Click through to find out more about these new scoring models.
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