FHFA, HUD approve VantageScore 4.0 for government-backed loans
VantageScore 4.0 will now be accepted by Fannie Mae and Freddie Mac, with the Federal Housing Administration also moving to adopt the model. Continue reading
VantageScore 4.0 will now be accepted by Fannie Mae and Freddie Mac, with the Federal Housing Administration also moving to adopt the model. Continue reading
Use our interactive tool to track mortgage rates, and share the latest data with your clients, colleagues and friends. Continue reading
Mortgage rates have dropped to an average of 6.30 percent, renewing hope in a more active spring homebuying season. Continue reading
Sales dropped in every region of the country in March, yet the median existing-home price climbed to a record high for the month — the 33rd consecutive month of year-over-year price gains, according to NAR’s latest existing-home sales report. Continue reading
More than one-third of February homesellers cut their list price last month, reaching a record high for the month as buyers gained leverage in a market shaped by high mortgage rates, elevated prices and economic uncertainty, according to a Redfin analy… Continue reading
Zillow’s March Market Report showed pending sales rising 4.6 percent annually, the strongest pace in five years, even as mortgage rates climbed nearly half a point. Continue reading
For the first time since October, the monthly cost of buying a home increased, a consequence of the Iran war driving mortgage rates to a six-month high. Continue reading
Mortgage rates and the median listing price are down while active inventory is up year over year, but more positive movement may be required for hesitant buyers this spring. Continue reading
The FHFA ordered Fannie Mae and Freddie Mac to sever ties with Anthropic, signaling how politics and regulation may shape AI adoption in housing finance. Continue reading
Mortgage lender Rate has launched RateFi, a nationwide non-QM mortgage program that allows qualified borrowers to use verified cryptocurrency holdings for mortgage qualification without liquidating their digital assets. Continue reading