The FHFA announced that Fannie Mae and Freddie Mac will begin offering a new refinance product this summer for low-income homeowners. Source: Inman News
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The 12.2 percent gain represents an increase of $35,000 for a median-priced home that sold a year ago at $290,000, according to data released Tuesday…
At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in…
The booming housing market could be slowing down — Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Source: Inman…
Residential housing starts rose 19.4 percent in March, according to a new report by the Census Bureau and the Department of Housing and Urban Development. …
Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit. Source: Inman News
The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income…
But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals. Source: Inman News
Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Source: Inman News