The U.S. Census Bureau and the U.S. Department of Housing and Urban Development have released their new residential construction statistics for February 2022, which found that privately‐owned housing starts in February hit 1,769,000, 6.8% above the revised January estimate of 1,657,000. ...
Read More »Fannie Mae Survey Finds More Bearish Mortgage Market
Continuing a quarterly survey of mortgage executives that initially started in 2014, Fannie Mae has published its latest Mortgage Lender Sentiment Survey for the first quarter of 2022 finding that lenders are becoming increasingly bearish due to current market conditions. ...
Read More »Is a New Normal on the Horizon?
A “new normal” may be on the horizon after a tumultuous year in 2021 which saw a conflagration of market trends reach new highs, and lows, which have continued into 2022. According to the Economic and Strategic Research Group (ESR) ...
Read More »Short Supply and Affordability to Constrict Housing Market in 2022
Fannie Mae’s ESR Group found that, despite the nation’s solid economic finish to 2021, inventory and inflation will dampen the housing forecast in 2022.
Read More »Home Construction Stunted by Supply Chain Issues
Housing starts may be on the rise, but supply bottlenecks and labor scarcity are impacting the pace of home builders.
Read More »Consumers Anticipate Rise in Mortgage Rates
New Fannie Mae survey finds that U.S. homeowners growing increasingly concerned about the direction of the economy.
Read More »Inventory of Existing Home Listings Continues to Fall Short
More Americans are seeking homes in a market where short supply continues to be tagged with high ticket prices as potential buyers migrate from urban apartments to suburban homes.
Read More »‘Delta Dip’ in Mortgage Rates Drives Homebuying Power Upward
A drop in rates and an uptick in household income both contributed to increased buying power in July.
Read More »Share of Loans in Forbearance Drops by 14 Basis Points
The number of homeowners in forbearance plans tailed off yet again this week, as strong employment numbers and a growing economy are landing more back on solid financial footing.
Read More »Number of Americans in Forbearance Plans Continues to Fall
Strong July jobs numbers point to more homeowners exiting forbearance plans in the coming months, as the number of homeowners in plans slides yet another week.
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