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.
Read More »Mortgage Rates Post Biggest Drop in 40 Years
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.
Read More »Share of Distressed Home Sales Shrinks in October
Distressed sales, including foreclosures and short sales, comprised just 1% of home sales in October 2002 according to new NAR data, down from 2% in September.
Read More »Rental Relief: Rents Grow at Slowest Pace in 18 Months
Despite the decline in rental costs nationwide, affordability remains a concern among most tenants.
Read More »Analysis: GSE Report on Single-Family Guarantee Fees
Pursuant to the Housing and Economic Recovery Act of 2008, the FHFA has released its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac.
Read More »The Rising Cost of Mortgage Fraud
A new analysis from LexisNexus examines the increase in costs for originators, servicers and settlement firms related to mortgage-related fraud costs.
Read More »Examining the Balance Between Foreclosure and Employment
A new blog from First American questions whether or not the impact of an impending recession on the labor market will cause a "trickle" or "tsunami" in foreclosures.
Read More »Report Highlights the FHA’s Role in Affordable Financing
In its annual report, the FHA highlighted its role in supporting affordable home financing for first-time buyers and borrowers of color, as well as the assistance provided to struggling homeowners.
Read More »Home Value Growth Outpacing Income Growth Nationwide
As home value growth outpaced income growth throughout the country, median home values increased by 17.36% on average from 2019 through 2021, according to a new study from LendingTree.
Read More »Median Single-Family Home Prices Rise From Q2
The latest market analysis from ATTOM found that median single-family home and condo prices rose from Q2 to Q3 2022 in more than half of the nationwide Opportunity Zones analyzed—up an estimated 3% in nearly half of those regions.
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