Tag Archives: Multifamily housing

December’s new mortgage-backed securities issuance by Ginnie Mae will support the financing of nearly 95,000 households, including more than 47,000 for first-time homebuyers.

Although completed multifamily units drove down rent prices for the fifth month in a row, short vacancy times reveal just how high demand is for these units. Here’s what the landscape looks like according to a new report.

The Department of Housing and Urban Development has funded an initial $18 million in grants to support energy efficiency and climate resilience in multifamily assisted housing properties as part of the Administration’s “Investing in America” agenda.

In May, nationwide rents posted their largest decline since 2020 as the median asking rent rose 1.4% from a month earlier, according to a new report from Redfin.

May’s mortgage-backed securities issuance supports the financing of more than 113,000 U.S. households, including more than 55,000 first-time homebuyers.

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.

“The steepest increase in mortgage rates in decades is a headwind for homebuyers, but Ginnie Mae’s guaranty and insuring agency partners are here with products and programs to help consumers achieve their dream of homeownership,” said Ginnie Mae President Alanna McCargo.

Ginnie Mae’s MBS portfolio grew for the 15th consecutive month in September, ending the fiscal year at nearly $2.3 trillion. Alongside financing more than 143,000 homeowners and renters, Ginnie Mae MBS supported financing for more than 64,000 first-time homebuyers last month.