Mortgage Industry News
Fannie Mae, Freddie Mac to back mortgages over $1M
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...
A controversial fix for America’s housing market: more foreclosures
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 their...
Yahoo Finance Video Housing market: Millennials bypass starter homes for dream homes
Source: Finance Yahoo --- Yahoo Finance's Vera Gibbons joins the Live show to discuss the real estate market amid the unexpected house hunting competition among younger buyers. AKIKO FUJITA: Well, record low inventory has sparked bidding wars for homes in some of the...
5 implications the omnibus spending bill has for mortgages
Source: National Mortgage News --- The $1.5 trillion omnibus spending bill President Biden was expected to sign at deadline Friday promises to bring relief to the single- and multifamily mortgage markets by heading off several threats to operations supporting the...
How To Navigate a Market Where Multiple Offers Is the New Normal
Source: Keeping Current Matters --- If you’re thinking of buying a home today, you already know that the number of homes available for sale is low. But what does that really mean for you? As a buyer, low housing supply coupled with high buyer demand means you should...
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
