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.”
Read More »Examining 2023 Housing and Economic Predictions
In a new study from LendingTree, experts predict the average interest rates on 30-year fixed mortgages to be between 5.5% and 6.5% by the end of 2023.
Read More »Luxury, Investment Home Sales Dip Nearly 40%
Redfin reports that the luxury and investment home market has slid 38.1% year-over-year, due to lingering inflationary concerns, high interest rates, and fears of a recession.
Read More »Consumers Feel the Economy Is on the Wrong Track
Fannie Mae reports that U.S. consumers’ attitude toward the economy is on the cynical side, with contrasting feelings on home buying and home-selling conditions.
Read More »Fannie Mae: Consumer Housing Confidence Update
According to a new report, consumer opinions are shifting when it comes to buying and selling homes. Click through to read the GSE’s findings.
Read More »States at Highest Risk of Economic Strain From COVID-19
Historically high levels of foreclosures witnessed during the Great Recession aren’t likely, but "the number of defaults will increase once the foreclosure moratoria have lifted," experts predict. Here are the areas most likely to be impacted.
Read More »Fannie Mae Economist: When Will Economy Bounce Back?
According to the latest commentary from the Fannie Mae Economic and Strategic Research Group, America’s economy is surprisingly poised to bounce back in the coming quarter. Although the U.S. economy experienced a setback in the second quarter, contracting by 32.9% ...
Read More »4.8M Jobs Added in June
One economist said the market is “clearly” moving in the right direction, which will cause consumer confidence to grow when deciding to purchase a home.
Read More »Preparing for Another Economic Downturn
With several pillars of support set to expire, including forbearance programs, here's why the U.S. could hit another economic slump.
Read More »Treasury Delivers Update on Residential Investment
The report from Beth Hammack, Chair, Treasury Borrowing Advisory Committee and Daniel Dufresne Vice Chair, Treasury Borrowing Advisory Committee includes data on the state of residential investment
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