Tag Archives: fannie mae

After buying frenzy, demand for second homes comes down to earth

By Daniel Houston | June 10, 2021 - 7:16 pm |June 10, 2021 Uncategorized

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New lending restrictions and buyer preferences meant slower growth last month in mortgages for vacation homes and investment properties. Continue reading →

Mortgage rates stable heading into next week’s Fed meeting

By Matt Carter | June 10, 2021 - 5:09 pm |June 10, 2021 Uncategorized

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New inflation numbers and tapering of the Fed’s mortgage bond purchases are likely to be on the agenda when the Fed meets next week. Continue reading →

Despite challenges, Americans would still rather buy than rent

By Matt Carter | June 7, 2021 - 12:30 pm |June 7, 2021 Uncategorized

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Share of consumers who say they’d buy a home if they moved hits all-time high of 72 percent, according to Fannie Mae’s National Housing Survey. Continue reading →

Fannie, Freddie filling openings left by departures of top executives

By Matt Carter | June 1, 2021 - 1:37 pm |June 1, 2021 Uncategorized

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The mortgage giants are continuing to fill openings left by top executives who departed in the wake of the November elections, which sidetracked plans to privatize the companies. Continue reading →

Mortgage rates settle in, hovering around 3%

By Matt Carter | May 20, 2021 - 5:31 pm |May 20, 2021 Uncategorized

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So far, bond markets are taking the prospect of Fed tapering of monthly purchases of $40B in mortgage-backed securities and $80B in Treasuries in stride Continue reading →

Inflation, rate increases pose risks to housing market, Fannie Mae says

By Matt Carter | May 19, 2021 - 3:20 pm |May 19, 2021 Uncategorized

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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 →

Black Knight acquires analytics firm eMBS Inc.

By Matt Carter | May 17, 2021 - 9:09 pm |May 17, 2021 Uncategorized

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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 →

Fannie, Freddie must curb appetite as demand for second homes soars

By Matt Carter | May 10, 2021 - 8:10 pm |May 10, 2021 Uncategorized

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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 →

Sellers absolutely have the upper hand in this housing market: Survey

By Matt Carter | May 7, 2021 - 5:13 pm |May 7, 2021 Uncategorized

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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 →

Fannie Mae brings in net income of $5B in Q1

By Kelsey Ramírez | April 30, 2021 - 5:06 pm |April 30, 2021 Uncategorized

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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 →