In 2022, the Federal Housing Finance Agency began collaborating with Fannie Mae and Freddie Mac to explore the intersection of climate change, housing finance, housing policy, and community development. Here’s what they found.
Read More »Where Can U.S. Renters Get the Biggest Bang for Their Buck?
As apartment rentals become increasingly hard to come by, spurring widespread competition, a new RentCafe report revealed which U.S. cities offer the most space for the national rent average of $1,700, giving Americans the opportunity to get the best bargain for their money.
Read More »FHFA Bumps Up 2024 Conforming Loan Limits
The FHFA has announced the conforming loan limit values for mortgages that Fannie Mae and Freddie Mac will acquire in 2024, in adherence to the Housing and Economic Recovery Act, which requires periodic adjustments to reflect changes in average U.S. home prices.
Read More »Foreclosure Starts Rose in October, but Remain at Historically Low Levels
Despite the improvement in delinquencies, foreclosure starts rose to 33K in October, hitting their highest levels in 18 months.
Read More »Survey Finds American Dream Still Alive Despite Inflation, Mortgage Rates
A new survey from Falls & Co. finds that Americans still have not soured on the idea of owning a home despite challenging current market conditions.
Read More »U.S. Homeowners Remain Financially Disincentivized to Sell Their Homes
According to a new study from First American, some 90% of homeowners remain discouraged by the idea of selling their homes. Will that change if mortgage rates were to decline in 2024? Here’s what experts predict about the ongoing “sellers’ strike.”
Read More »Clearing the Path to Affordable Housing
An upcoming installment of the Five Star Webinar Series, in partnership with Xome, will examine the options available to homebuyers seeking affordable housing options and highlight solutions designed to expand homeownership opportunities.
Read More »Mortgage Balances, Delinquencies Up in Q3
Home equity could be ‘viable solution to ease debt pressures,’ experts say as mortgage balances nationwide grew in the third quarter according to TransUnion.
Read More »Can Mortgage Forbearance Help Stabilize the Economy?
Forbearance rose to prominence during the COVID-19 pandemic, but does it still have a place in today’s economy? Click through to read commentary from the Joint Center for Housing Studies at Harvard University.
Read More »Inventory Inches Up as New Listings Soften
"October had some encouraging signs—especially compared to a year ago," said Nick Bailey, President and CEO of RE/MAX. "Given the interest rate environment, it was good to see the trend of monthly inventory gains continuing, and prices appear to be stabilizing for the moment.”
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