News

For the first time in 15 months, the Federal Reserve's Federal Open Market Committee moved to hold the nominal interest rate steady at a range of 5.00% to 5.25%.

Multi-language translations of single-family mortgage documents in Chinese, Korean, Spanish, Tagalog, and Vietnamese are now available for lenders and servicers when working with borrowers with limited English proficiency.

A new analysis from industry veteran Don Layton details the controversy surrounding how the Federal Housing Finance Agency has changed the specific amounts by which Fannie Mae and Freddie Mac risk-adjust the interest rates at which they purchase mortgage loans.

According to a new survey from LendingTree, some 63% of homebuyers have negotiated their purchase price in hopes of saving money, while just 39% negotiated the mortgage or refinance rate despite the likelihood of a better deal.

Most property managers are not reporting payments to the three credit bureaus, and a survey found that reporting this data would likely boost on-time payments as well.

HUD and Terner Labs at UC Berkeley will bring together leadership in the public sector, housing experts, researchers, technologists, entrepreneurs, practitioners, and others to explore advances at the forefront of the housing industry.

A new Fannie Mae Perspectives Blog surveyed a wide range of individuals on what “living the good life” means, as 86% of respondents cite homeownership as one of the key factors in their overall happiness.

While elevated mortgage rates continue to deter many home sellers from listing, an increase in homebuying competition is fueling a rise in home prices. According to a new market report from Zillow, typical U.S. home values grew by 1.4% from April to May, marking the strongest monthly appreciation since June 2022.

Reductions in the Section 184 Indian Home Loan will make homeownership more affordable and accessible for Native American families by saving an average of $500 in the first year on mortgage payments through fee reductions.

A bipartisan measure introduced will expand affordable homeownership opportunities and revitalize communities through the construction, renovation, and sale of 500,000 homes nationwide.