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FHFA Proposes 2025-2027 Housing Goals for Fannie Mae and Freddie Mac
The FHFA will accept comments on the proposed rule within 60 days of publication in the Federal Register. Continue Reading FHFA Proposes 2025-2027 Housing Goals for Fannie Mae and Freddie Mac
GSEs Update Private Mortgage Insurer Eligibility Requirements
The updated standards will be implemented through a 24-month phased-in approach, with a fully effective date of Sept. 30, 2026. Continue Reading GSEs Update Private Mortgage Insurer Eligibility Requirements
Sen. Elizabeth Warren Demands Rate Cut from Federal Reserve
The Fed will announce its decision of rate levels on June 12 at 2:00 p.m. EDT. Continue Reading Sen. Elizabeth Warren Demands Rate Cut from Federal Reserve
NAMB and NAMMBA Team to Support Diversity in Mortgage Industry
“NAMB is committed to fostering a diverse and inclusive mortgage industry and homebuyers,” said NAMB President Valerie Saunders. Continue Reading NAMB and NAMMBA Team to Support Diversity in Mortgage Industry
Report: Community Bank Earnings to Drop By 12% Year-Over-Year
The report opined that community bank earnings will improve in 2025. Continue Reading Report: Community Bank Earnings to Drop By 12% Year-Over-Year
Mortgage delinquencies edge higher going into 2023
Source: firsttuesday Journal --- Underwater homeowners gain more company While an economic recession is not yet official in 2023, consumers are struggling to keep up with everyday expenses — including housing payments. 3.0% of U.S. mortgaged loans were 30 or more...
Taking a flying leap into mortgages
Source: MPA Mag --- It’s only during life’s more painful episodes that people are invariably forced to reconsider their place in the world, and sometimes their career. Inevitably, it involves change, but taking that momentous first step is often the hardest because...
What to Do With an Underwater Mortgage
Source: US News --- An underwater mortgage, also called an upside-down mortgage, occurs when the loan's principal balance is higher than the home's fair market value, resulting in negative equity. In other words, a mortgage becomes underwater when you owe more than...
Most homebuyers don’t shop for mortgages: Zillow
Source: Fox Business --- When it comes to researching which purchases best fit their finances, buyers said they spent more time browsing for cars and vacations than they did mortgages, a recent survey by Zillow Home Loans said. Seventy-two percent of prospective...
High mortgage rates, recession fears: Who actually wants to buy a house in 2023?
Source: Marketplace --- The housing market is ending 2022 on a pretty sour note. Pending home sales in November dipped to their second lowest level since the National Association of Realtors started tracking that stat 20 years ago. And though mortgage rates have...
Mortgage rates increase after six weeks of declines
Source: Yahoo! News --- Mortgage rates increased this week, breaking their six-week streak of declines just ahead of the new year. The average rate on the 30-year fixed mortgage rose to 6.42% from 6.27% the week prior, according to Freddie Mac. That marked the first...
Should you have a mortgage in retirement?
Source: Fortune --- Retirement planning often includes the goal of eliminating mortgage payments before leaving the workforce behind. This approach is based on the idea that it’s easier to make ends meet in retirement by reducing expenses and not having to deal with a...
Mortgage Rates’ Rise Has Led to Wide Gap With US Bond Yields
Source: US News --- LOS ANGELES (AP) — Economists are baffled by a wider-than-usual divergence between long-term mortgage rates and the yield on the benchmark U.S. government bond that is driving a sharp rise in borrowing costs and helping to torpedo the U.S. housing...
Whether it’s 2022 or 2023, U.S. Housing Market Performance Will be Tied to the Interest Rate Whims of The Fed
Source: Yahoo Finance --- The year 2022 brought a thriving residential home investment market to its knees. But you’d never have guessed that based on how the year started, with skyrocketing home values and bidding wars. When the Federal Reserve began raising interest...
34% of Americans Say Paying Off a Mortgage Is a Top Goal. But Should It Be One of Yours?
Source: The Ascent --- Many people who own homes carry a mortgage for many years. In fact, it's common to spend 30 years (or more) paying off a home. A lot of people start out with a 30-year mortgage and refinance it to another 30-year loan at some point down the...














