Redwood Trust, which issues jumbo loans that are off limits to Fannie and Freddie, says costlier markets are better served by private lenders. Continue reading
Rapid home price appreciation during the pandemic means loan limits for Fannie Mae and Freddie Mac will make a record-breaking leap in 2022, fueling a debate over whether that’s ultimately in the best interests of would-be homebuyers struggling to find… Continue reading
For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter “mature state of the business cycle,” with the risk of another recession moving into focus. Continue reading
Americans’ confidence that the economy is on the right track is at its lowest level since 2013, but that’s not expected to hurt home sales, with homebuyer demand still outpacing available listings. Continue reading
A strong fall and winter season should mean 2021 will wrap up with nearly 7 million in sales, making it one of the strongest years in history, according to a new MoxiWorks analysis. Continue reading
More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction. Continue reading
Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers. Continue reading
Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7 percent to 6.8 million. Continue reading
Rocket Mortgage and United Wholesale Mortgage — the nation’s top two lenders — and at least five others are raising conforming loan limit to $625,000 ahead of an official FHFA announcement. Continue reading
Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board. Continue reading