Market Trends

In executing its 11th Credit Insurance Risk Transfer transaction of 2022 for $343 million, the GSE continues its effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market.

Five Star gives thanks for the subject-matter experts who have headlined our 2022 lineup of webinars. Check out some of the recent highlights.

As housing deal cancellations and home price cuts hit record highs, new data from Redfin's latest market analysis showed pending sales dropped 32% year-over-year in October, marking the largest decline since 2013.

Black Knight’s first look at month-end data for October 2022 found prepayment activity reaching a new low.

Those looking to flip homes for the best return should look near certain grocery stores which have been proven to raise nearby home values.

A new study from Bank of America revealed 73% of Gen Z reported that the current economic environment has made it more challenging to save. Many respondents said inflation has created even more financial stress, while surging rents or home prices have made it harder to afford day-to-day necessities.

Residential mortgages issued in Q3 of 2022 were down nearly 19% from an estimated 2.4 million in Q2, while the volume of loans in Q3 also dipped 22% from $820 billion in the prior quarter.

For the first time, Fannie Mae has released an outlook for 2024 which predicts a modest improvement over 2023, in which the market should bottom out during the second quarter.

According to Redfin’s most recent Housing Market Report, mortgage rates dropped from over 7% last week to 6.6% this week on better-than-expected inflation numbers.

HUD Secretary Marcia L. Fudge and Deputy Secretary Adrianne Todman addressed the 27th U.N. Climate Conference to discuss the Department’s climate action plan through improving efficient and resilient building standards.