With home prices and mortgage rates showing few signs of easing, only 19 percent of Americans thought May was a good time to buy. Source:…
Posts published in “fannie mae”
For investors who provide the funding for most U.S. mortgages, the debt ceiling crisis won’t be over until Congress actually votes to approve the deal…
House lawmakers ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68 billion in risk since 2015. Source:…
A homebuyer taking out a $300,000 loan could end up overpaying by $1,200 a year — and even more if they’re in the market for…
There’s always a way that agents can position themselves for changing marketing conditions, and brokers can facilitate that process, according to broker owners Bridget Gilbert…
Lender estimates a hypothetical buyer putting down $2,500 on a $250,000 home could save $20,500 in private mortgage insurance payments over 7 years. Source: Inman…
Fannie Mae economists say “extraordinarily tight” inventories of existing homes driven by mortgage lock-in effect has shifted demand toward new homes. Source: Inman News
The Federal Housing Finance Agency has formally requested public feedback on what its goals and priorities should be in setting Fannie Mae and Freddie Mac’s…
A more optimistic outlook of where mortgage rates are headed drives the largest increase in Fannie Mae’s Home Purchase Sentiment Index in more than two…
Lending industry groups like the Mortgage Bankers Association called a fee based on borrower’s debt-to-income ratio “unworkable.” Source: Inman News