After 3 months of improvement, homebuyer sentiment declines

Fannie Mae’s National Housing Survey shows Americans are feeling less secure about keeping their jobs, and nearly 8 in 10 think it’s a bad time to buy a home. Continue reading

Fannie and Freddie keep building capital reserves as profits shrink

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

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

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

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

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

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

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

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

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