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Homebuying Sentiment Survey Drops to New Low

Homebuying Sentiment Survey Drops to New Low

by Phil Hall | Jun 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) sank to an all-time low in May with a 2.5-point drop to 69.4. Last month, only 14% of consumers polled for the survey felt this is a good time to buy a home, down from 20% in the previous month, while...
Fannie Mae Updates Equitable Housing Finance Plan

Fannie Mae Updates Equitable Housing Finance Plan

by Phil Hall | Apr 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (OTCQB: FNMA) released its annual update to the 2022-2024 Equitable Housing Finance Plan designed to eradicate barriers faced by historically underserved communities. The 2024 Plan outlines 23 specific actions that expand action from the plan’s first two...
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates

Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates

by Phil Hall | Apr 8, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The latest data analysis of the Home Purchase Sentiment Index (HPSI) published by Fannie Mae (OTCMKTS:FNMA) suggests households have become acclimated to higher mortgage rates. The HPSI decreased 0.9 points in March to 71.9, its first decline since November 2023, with...
NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing

NAR and MBA Urge Regulators and GSEs to Confirm Support for Buyer Financing

by Phil Hall | Mar 28, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The National Association of Realtors (NAR) and the Mortgage Bankers Association (MBA) sent a letter to the Federal Housing Finance Agency, Federal Housing Administration, Fannie Mae, and Freddie Mac requesting confirmation that homebuyers can continue to access...
The Best Month For Selling a House Is…

The Best Month For Selling a House Is…

by Phil Hall | Mar 7, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Homeowners looking for the biggest payout on their residential sales may wish to wait until the first half of June before listing their property. According to a new data analysis of 2023 home sales by Zillow (NASDAQ:Z, ZG), properties listed in the first two weeks of...
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