While each homeowner’s total cost is different, of course, examining broad categories of homeowners and analyzing their costs, can provide insights into the drivers of housing affordability. Here’s what a new study by Fannie Mae reveals.
Read More »A New Era for Desktop Appraisals
The GSEs’ recent switch to allow for desktop appraisals could usher in “a new area for collateral valuation.”
Read More »After Week of Declines, Mortgage Rates Back on the Rise
Inflationary concerns and the Ukrainian conflict are factoring into mortgage rate volatility that is forecast to continue in the short-term.
Read More »Drop in Rates Drives Mortgage App Volume Upward
As the military conflict in Ukraine pushed U.S. Treasury yields lower, the MBA reports that purchase and refi application volume climbed week-over-week.
Read More »Mortgage Rates Fall Amid Ukrainian Conflict
Rates fell week-over-week as the Russian-Ukrainian crisis has brought with it uncertainty in the housing finance sector.
Read More »FHFA Announces Nearly $1.4B for More Affordable Housing Programs
Today, it was announced by FHFA Acting Director Sandra L. Thompson that the Housing Trust Fund and Capital Magnet Fund will receive a total of $1.138 billion for ...
Read More »Major Metros Experience Price Hikes
NAR's Chief Economist Lawrence Yun says consumers in expensive markets may see an additional $500 to $1,000 in monthly payments due to rising rates.
Read More »Mortgage Rates Inch Closer to 4% Mark
Mortgage rates have soared to levels last seen prior to the pandemic, as high inflation and strong consumer spending contributed to this upward rate drive.
Read More »Patricia Cook Announces Retirement as Finance of America CEO
Industry veteran of 40-plus years will continue to serve as CEO of the company until a successor is appointed.
Read More »When Will the GSEs Exit Conservatorship?
Not much has happened as of late in the discussion of bringing Fannie Mae and Freddie Mac out of conservatorship as current talks are in a “suspended animation” for the time being. Don Layton, former CEO of Freddie Mac, explores where conservatorship stands and what needs to happen in order for it to end.
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