Mortgage fees have become the focus of the mainstream media thanks to a policy change enacted by the Federal Housing Finance Agency (FHFA) to the pricing framework of Fannie Mae and Freddie Mac. Perhaps not surprisingly, different media outlets are offering different...
One of the most prominent thought leaders in the mortgage banking industry is complaining that politics is framing the narrative surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac that will...
The average payment on a new mortgage in the U.S. is currently at $2,317 a month, according to a new data study from LendingTree (NASDAQ:TREE). Within the states, average mortgage payments are most expensive in Hawaii ($3,696), California ($3,399) and Massachusetts...
The U.S. housing market’s shortage of properties for sale continues to worsen, according to new data from Redfin (NASDAQ:RDFN). Redfin reported that new listings of homes for sale fell 22.4% year-over-year during the four weeks ending April 23, which is among the...
European commercial real estate dealmaking hit an 11-year low in the first quarter of the year, according to data published by the finance company MSCI (NYSE:MSCI). Approximately $40.3 billion in transactions occurred during the quarter, down 62% from one year...
Recent Canadian home price declines from pandemic-era record highs are expected to cease in mid-2023, according to the latest Housing Market Outlook published by Canada Mortgage and Housing Corporation (CMHC). However, the average annual price for Canadian homes is...
