Fannie Mae’s latest survey finds that positive trends in employment is bright spot as spring homebuying season nears.
Read More »Home Price Growth in Urban Areas Gaining Steam
The trend of mass exodus from urban areas at the outset of the pandemic seems to be changing gears, as a migration back to major cities is underway and sales are picking up.
Read More »First-Time Buyers See Affordable Options in Manufactured Homes
A new report finds that an increasing number of down payment assistance programs are allowing for assistance in the purchase of manufactured homes.
Read More »Mortgage Rates Not Dampened by Winter Blues
Mortgage rates hit their highest mark since August 2020 this week, but home shoppers continue to take advantage of record-low rates as the U.S. economy slowly comes back to life.
Read More »Residential Construction at 14-Year High
One economist described 2020 as "the strongest [year] for residential construction since 2006.” Click through to read about the latest housing market data.
Read More »FHFA Further Extends Foreclosure and Eviction Moratoriums
FHFA Director Mark Calabria said in a statement that this latest extension would work to "keep our communities safe, and families in their homes during the COVID-19 pandemic." Click through to read the latest details.
Read More »Mortgage Applications Soar While Rates Inch Up
While economists expect mortgage rates to increase modestly in 2021, they will remain categorically low, supporting homebuyer demand and leading to continued refinance activity.
Read More »Mortgage Rates Continue to Drop, Causing ‘Buying Frenzy’
Mortgage rates have continued to drop for several months, contributing to a red-hot housing market with buyers hoping to take advantage of the low rates. A recent survey ...
Read More »Mnuchin: Biden Administration Will Decide Fate of GSE Conservatorship
The Treasury Secretary of the United States says Freddie Mac and Fannie Mae will remain government-sponsored throughout the remainder of Donald Trump's presidency, leaving President-elect Joseph Biden to ...
Read More »FHA Loan Limits to Increase in Most Counties
Federal Housing Administration (FHA) announced higher loan limits for 2021. The guidelines apply to the administration's Single Family Title II forward and Home Equity Conversion (reverse) Mortgage insurance ...
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