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FHLBank Dallas Donates $1 Million to Storm-Damaged Markets
FHLB Dallas also activated its disaster relief response programs. Continue Reading FHLBank Dallas Donates $1 Million to Storm-Damaged Markets
MBA: Commercial and Multifamily Mortgage Activity to Decline This Year
Borrowing and lending is predicted to rebound to $829 billion in 2024. Continue Reading MBA: Commercial and Multifamily Mortgage Activity to Decline This Year
Home prices continue decelerating across country, per new report
Source: Bankrate --- Could housing prices finally be coming back down to earth? Home-price growth continued to decelerate for the sixth straight month in September 2022. S&P CoreLogic’s latest Case-Shiller U.S. National Home Price NSA Index, released November 29,...
Wait, What? Wharton Professor Jeremy Siegel Says The Housing Market Is Going To Do This
Source: Yahoo! --- Jeremy Siegel, a professor at Wharton, predicts that the housing market will see negative growth as a result of future Federal Reserve interest rate increases that will raise mortgage rates even further. Due to the average rate for a 30-year fixed...
U.S. to Back $1 Million Mortgages. Affordability Is Still an Issue.
Source: Barron's --- In another sign of the pandemic’s rapid home price appreciation, the government today said it will back mortgages up to about $1.1 million in high-cost areas. The 2023 value limit for most conforming mortgages for one-unit properties will be...
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