Tag Archives: fannie mae

Fannie and Freddie keep building capital reserves as profits shrink

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By one measure, the mortgage giants have built up two-thirds of the reserves needed for them to be released from government conservatorship. Continue reading →

‘Modest’ recession could put a lid on 2023 home sales: Fannie Mae

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Economic downturn could put a damper on a promising start to the spring homebuying season, but set the stage for mortgage rates to ease and for home sales to rebound in 2024. Continue reading →

Disparity in mortgage rates offered by lenders doubled in 2022: Study

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Homebuyers can potentially save $600 to $1,200 a year by applying for a mortgage with multiple lenders, according to research by Freddie Mac. Continue reading →

NAR: New Fannie and Freddie mortgage fees will hit middle class

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Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading →

Surveys show impact of mortgage ‘lock-in effect’ on seller psychology

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Harris Poll finds 71 percent of Americans would be hesitant to move due to economic uncertainty over concerns, such as interest rates, inflation or a recession. Continue reading →

Homebuyer sentiment up slightly in November for first time in 9 months

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Fannie Mae survey shows consumers remain concerned about factors, including the outlook for home price declines, mortgage rates and access to mortgage credit. Continue reading →

Fannie and Freddie get green light to buy $1M mortgages

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The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading →

Fannie and Freddie get green light to buy $1M mortgages

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The big run-up in home prices may have cooled, but the 2023 conforming loan limit is going up 12 percent to $727,200 in most parts of the country. Continue reading →

Fannie Mae economists see home sales bottoming next year

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Sales expected to drop to lowest level since 2008, and the growing lock-in effect — the financial disincentive to sell — “will remain in a way that has not occurred in over 40 years,” economists say. Continue reading →

Homeward cuts 25% of staff in second round of layoffs

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The power buyer previously cut 20 percent of its staff in August. The cuts come as the broader real estate industry grapples with soaring mortgage rates and slowing sales. Continue reading →