In their latest monthly forecast, Fannie Mae economists on Tuesday projected existing homes will sell at an annual pace of 5.88 million during April, May and June. Continue reading
Real estate data provider Black Knight has acquired eMBS Inc., a Tampa-based company that tracks the performance of nearly $7.5 trillion in mortgage-backed securities backed by Fannie Mae, Freddie Mac and Ginnie Mae. Continue reading
Demand for second homes and investment properties continues to hold steady at more than double pre-pandemic levels, despite Fannie and Freddie being ordered to limit their appetite for loans backed by these types of properties. Continue reading
In a first, more people thought April was a bad time to buy a home than a good time, according to Fannie Mae’s latest survey of home purchase sentiment. Continue reading
This net income increase is up significantly from the first quarter of 2020, when, struggling with restrictions due to COVID-19, the mortgage giant posted a net income of just $500 million. Continue reading
The FHFA announced that Fannie Mae and Freddie Mac will begin offering a new refinance product this summer for low-income homeowners. Continue reading
The 12.2% gain represents an increase of $35K for a median-priced home that sold a year ago at $290K, according to data released Tuesday by the Federal Housing Finance Agency. Continue reading
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 June. Continue reading
The booming housing market could be slowing down – Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Continue reading
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. Continue reading