Tag Archives: home prices

Why millions of Americans WANT the housing market to crash

By | | Uncategorized
Comments Off on Why millions of Americans WANT the housing market to crash

Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds. Continue reading →

5 predictions for 2025 from NAR’s economic summit

By | | Uncategorized
Comments Off on 5 predictions for 2025 from NAR’s economic summit

The National Association of Realtors hosted its latest Real Estate Forecast Summit on Thursday, where five of the industry’s top economists shared their predictions for mortgage rates, consumer activity, government spending and macroeconomic trends. Continue reading →

Americans optimistic home prices and mortgage rates have peaked

By | | Uncategorized
Comments Off on Americans optimistic home prices and mortgage rates have peaked

While only 23 percent of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that’s up from 14 percent a year ago, when mortgage rates were near post-pandemic peaks. Continue reading →

HUD raising FHA ceiling in high-cost markets to $1.2M next year

By | | Uncategorized
Comments Off on HUD raising FHA ceiling in high-cost markets to $1.2M next year

Adjustment for rising home prices increases FHA ceiling in high-cost markets like New York, San Francisco and Washington, D.C., and raises the floor in low-cost markets to $524,225. Continue reading →

Fannie, Freddie loan limits upped to $806,500 in most markets

By | | Uncategorized
Comments Off on Fannie, Freddie loan limits upped to $806,500 in most markets

Mortgage giants will be allowed to back loans of up to $1.2 million in high-cost markets, providing ammo to critics who say goverment backing for mortgages adds to affordability woes. Continue reading →

Dramatic downward revisions for projected 2025 home sales: Fannie

By | | Uncategorized
Comments Off on Dramatic downward revisions for projected 2025 home sales: Fannie

Fannie Mae and MBA forecasts dampened expectations for projected home sales in 2025 while offering a more cautious outlook on the prospects of mortgage rates coming down in the new year. Continue reading →

Record number of Americans say they’d rather rent than buy

By | | Uncategorized
Comments Off on Record number of Americans say they’d rather rent than buy

Housing market sentiment rose in October to the highest level since February 2022, but 8 in 10 consumers still said it was a bad time to buy, Fannie Mae survey finds. Continue reading →

Rising mortgage rates are taking their toll on homebuyer demand

By | | Uncategorized
Comments Off on Rising mortgage rates are taking their toll on homebuyer demand

MBA lender survey shows demand for purchase loans is still slightly stronger than it was a year ago, when rates were soaring toward post-pandemic highs. Continue reading →

Homebuyers entering the market even as mortgage rates stabilize

By | | Uncategorized
Comments Off on Homebuyers entering the market even as mortgage rates stabilize

Purchase loan applications are up 9 percent from a year ago, as inventories of new and existing homes increase and lower mortgage rates help with affordability: MBA. Continue reading →