With home sales having dropped sharply this past year, Fannie Mae experts discuss the impact of lowering mortgage rates and what factors drove purchase demand to increase. Here’s why the housing market is now "in a different phase of the economic and housing cycle.”

According to Ginnie Mae, December's new MBS issuance will support the financing of more than 107,000 households, including more than 49,000 first-time homebuyers.

A new Zillow report forecasts Charlotte, North Carolina as 2023’s hottest market. Here’s what else their data reveals.

New York Governor Kathy Hochul lays out a plan to build 800,000 more homes over the next decade.

According to the Realtor.com Monthly Housing Trends Report for December, inventory closed out the year up by 55% but remains below historic levels.

HUD has announced three Plano, Texas landlords will pay damages, civil penalties, and attorney’s fees totaling $140,649 for violating the Fair Housing Act after refusing to rent to a Black woman because of her race.

Per an ATTOM report, foreclosure filings hit 324,237 in December 2022, up from 151,153 in December 2021. This pushed the foreclosure rate from 0.11% in December 2021 to 0.23% in December 2022.

Providing context, however, Redfin Economics Research Lead Chen Zhao observed that, “While [rents have] cooled significantly from their peak, it still costs the typical renter 20% more to take on a new lease than it did two years ago.”

The Department of Housing and Urban Development has announced a new process for homeowners to review their appraisals if they feel the results have been unfairly biased.

A member of the Board of Directors since 2020, Marianne Sullivan’s new role will involve overseeing the modernization of the company’s mortgage servicing sector.