Tag Archives: fannie mae

Homebuyer pessimism climbed to a new record high in September

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More than 8 in 10 Americans polled by Fannie Mae said it was a bad time to buy a home, and most weren’t expecting mortgage rates to come down anytime soon. Continue reading →

Soaring rates baffle economists, frustrate housing leaders

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Economists are scratching their heads and housing industry leaders are venting their frustrations as mortgage rates continue a relentless climb to new heights not seen in more than two decades. Continue reading →

Rocket Mortgage now pricing loans of up to $750,000 as conforming

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The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac’s 2024 loan limits. Continue reading →

Fannie, Freddie may get green light to buy more shared equity loans

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Between 2018 and 2020, Fannie and Freddie purchased close to 600 shared equity loans, before realizing that current regulations might prohibit them from doing so. Continue reading →

Investors who fund most home loans get new climate risk tool

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Intercontinental Exchange Inc. teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs. Continue reading →

Mild recession, elevated mortgage rates eyed in 2024: Fannie Mae

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Fannie Mae economists predict “mild recession” next year, but say mortgage rates may not ease as much as previously expected. Continue reading →

2023 fall outlook: A cooler season roiled by homebuyer-seller friction

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Commissions will take a hit from the seasonal real estate transaction fall-off. But unlike last year, home price growth may gain steam, according to an Intel analysis of housing market projections. Continue reading →

Consumer homebuying sentiment has plateaued at ‘pessimistic’

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Most Americans polled by Fannie Mae last month said they would rather buy than rent, but a record-high 82 percent also said August was a bad time to buy. Continue reading →

Insurers ‘dodged a bullet’ as Hurricane Idalia slams rural areas

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Mortgage giants Fannie Mae and Freddie Mac outline relief for victims, including forbearance suspending mortgage payments for up to 12 months. Continue reading →

Zillow is the latest lender to offer a 1% down purchase mortgage

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UWM and Rocket Mortgage are also leveraging Fannie Mae and Freddie Mac programs tailored to borrowers earning less than 80 percent of the area median income. Continue reading →