Tag Archives: fannie mae

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 →

Fannie, Freddie debut new refi option for low-income families

By Kelsey Ramírez | April 28, 2021 - 9:58 pm |April 28, 2021 Uncategorized

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The FHFA announced that Fannie Mae and Freddie Mac will begin offering a new refinance product this summer for low-income homeowners. Continue reading →

Home price growth sets record high

By Veronika Bondarenko | April 27, 2021 - 2:28 pm |April 27, 2021 Uncategorized

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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 →

Forbearance rate drops for seventh week in a row

By Matt Carter | April 19, 2021 - 11:24 pm |April 19, 2021 Uncategorized

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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 →

Housing market is headed for a slowdown say Fannie, Freddie

By Kelsey Ramírez | April 19, 2021 - 7:50 pm |April 19, 2021 Uncategorized

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The booming housing market could be slowing down – Fannie Mae and Freddie Mac are predicting a decrease in mortgage originations in 2021. Continue reading →