Tag Archives: fannie mae

Mortgage giants offering very low income homebuyers a spring break

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Fannie Mae and Freddie Mac are offering a $2,500 credit that borrowers can put toward their down payment, closing costs, escrow or mortgage insurance premiums. Continue reading →

Housing sentiment improves on hopes for lower mortgage rates

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Consumer sentiment toward housing increased to the highest level in nearly two years in January, with a record number of Americans expecting mortgage rates to come down in the year ahead. Continue reading →

Falling mortgage rates should boost home sales: Fannie Mae

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Fannie Mae economists no longer expect a recession and are considerably more optimistic that mortgage rates have additional room to come down below 6 percent. Continue reading →

Fannie Mae, MBA economists still expect mild 2024 recession

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The good news for real estate pros is that closely watched forecasts agree home sales will bottom in Q4 2023, and mortgage rates are looking ready to come down significantly next year. Continue reading →

Homebuyer sentiment tallies record low amid falling rates

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Fannie Mae economist warns that, while mortgage rates have retreated, the primary drivers of housing pessimism are persistent affordability challenges and worries about household finances. Continue reading →

With Fannie Mae’s adoption, AI’s role in real estate is solidified

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Fannie Mae is rapidly adopting computer vision to speed and improve appraisals, and Restb.ai is poised to power the space. Continue reading →

Fannie and Freddie 2024 loan limits upped to $766,550 in most areas

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Surge in Q3 home price appreciation pushes conforming loan limit in high-cost markets to $1,149,825 for one-unit properties, and up to $2,211,600 for four-unit properties. Continue reading →

Economists agree rates have peaked. But will they come down?

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Two closely watched forecasts agree that mortgage rates have probably peaked, but diverge sharply on how quickly they’ll come down over the next two years. Continue reading →

Record 85% of Americans said October was a bad time to buy

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Monthly Fannie Mae survey shows homebuyer pessimism at a high for records dating back to 2010, but a broader index aimed at capturing overall housing market sentiment improved in October. Continue reading →

VantageScore: New scoring model could qualify 4.9M extra borrowers

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Company puts heat on regulators to stick to 2025 timetable for requiring lenders to use VantageScore 4.0 to evaluate borrowers, saying delays could impact “creditworthy people of color.” Continue reading →