Source: Hellenic Shipping News — A retreat in U.S. house prices will extend into next year, although the expected 12% peak-to-trough drop predicted by analysts polled by Reuters would be just about one-third as severe as the last market correction 15 years ago....
Source: New York Post — US home prices will likely have to decline by as much as 20% over the course of a multi-year correction before the housing sector can get back on track with historical trends, a research firm warned this week. The most recent correction...
Source: Fox Business — The Federal Housing Finance Agency (FHFA) announced new conforming loan limits for 2023, meaning homebuyers will now be able to get larger mortgages backed by Fannie Mae and Freddie Mac. After the FHFA’s third quarter House Price Index...
Source: Insider — How many people should lose their homes to foreclosure? In an ideal world, of course, there would be no foreclosures at all. Everyone who buys a home would get one that fits their income and needs, and people would have enough money to make...
Source: Daily Mail — More Americans will be able to obtain a $1 million mortgage than ever before, thanks to action recently taken by government agencies. The Federal Housing Finance Agency announced this week that the cap for home loans backed by Fannie Mae...
Source: CNBC — U.S. single-family home prices slowed further in September as higher mortgage rates eroded demand, closely watched surveys showed on Tuesday. The S&P CoreLogic Case Shiller national home price index dropped 0.8% month-over-month in September....
Ex-Massachusetts Real Estate Executive Sentenced for Tax Fraud and Obstruct…
