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
National home prices climbed 3.9 percent from a year earlier in September and were up 0.7 percent from the previous month. Continue reading
Housing prices increased 0.4 percent between July and August and were up 2.6 percent on an annual basis, representing new highs in many markets. Continue reading
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
The plan to move to a bi-merge process allowing lenders to use two, instead of three, credit reports was announced last October by Fannie and Freddie’s federal regulator. Continue reading
The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac’s 2024 loan limits. Continue reading
U.S. home prices climbed 0.6 percent between June and July and reported an annual increase of 1 percent, erasing earlier declines. Continue reading
Intercontinental Exchange Inc. teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs. Continue reading
Mortgage giants Fannie Mae and Freddie Mac continued to grow their net worth as firm home prices and low default rates allowed them to release billions of dollars previously reserved for losses. Continue reading
One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat. Continue reading