S&P Global, the Federal Housing Finance Agency and Redfin all released housing reports on Tuesday, revealing fracturing pricing trends and the market’s struggle to settle into a new normal. Continue reading
The $26,250 increase in Fannie and Freddie’s baseline single-family conforming loan limit is the smallest since 2020, but pushes the ceiling in high-cost markets to $1,249,125. Continue reading
The 2.4 percent increase ahead of an official announcement in November surpasses more cautious 1.5 percent increases adopted last month by UWM, Pennymac, CrossCountry and Rate. Continue reading
UWM and Pennymac are pricing jumbo mortgages of up to $819,000 as if they were conforming, ahead of an official announcement by Fannie and Freddie’s federal regulator in November. Continue reading
Economists at Fannie Mae and the Mortgage Bankers Association differ on how much room mortgage rates have to come down and how fast home price appreciation will cool. Continue reading
In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2 percent and 3.8 percent, respectively, according to new data released Tuesday. 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
Prices rose 0.7 percent from April to May after adjusting for increases typically experienced in spring, according to estimates released Tuesday by CoreLogic and the Federal Housing Finance Agency. Continue reading
Two widely cited home price measures confirm that the price drops halted in the early weeks of 2023. But downward pressure on prices remains. Continue reading
A reversal in home price growth in July deepened into August as prices declined by 0.9 percent, according to the latest S&P CoreLogic Case-Shiller report. They remained up 13 percent from last year. Continue reading