Fannie Mae Chief Economist and Senior Vice President Mark Palim offers insights on the economic landscape and housing market conditions expected for next year, in this podcast with National Mortgage News Editor in Chief Heidi Patalano.
With the supply of U.S. homes currently short by millions compared to likely demand, stakeholders are looking for solutions in both technology and policy to create affordable new housing.
Whenever a new innovation hits the scene, the temptation is to focus all attention on the advancement, as if it appeared out of thin air. In truth, everything Freddie Mac delivers for the benefit of the industry and the borrowers we all serve is part of a larger journey.
When interest rates fall, home buyers will re-enter the market in search of a new home. That data comes from a new survey by mortgage technology and services provider Maxwell of 1,000 potential buyers, a majority of whom (77%) said they would be "somewhat" or "very" prepared to buy when rates fall. Nearly 70% reported they would look to buy when rates hit 5.0%. These potential buyers put a high priority on buying a home, with almost 70% reporting that buying a house is "crucial" or "very important" over the next 6 months.
Increasing mortgage origination costs are taking a bite out of profitability. Discover how digitization increases efficiency, improves compliance, and lowers costs.
Immerse yourself in an engaging series of technology-focused presentations, unveiling an array of innovative products and services specifically tailored to enhance your workflows.
Immerse yourself in an engaging series of technology-focused presentations, unveiling an array of innovative products and services specifically tailored to enhance your workflows.
Immerse yourself in an engaging series of technology-focused presentations, unveiling an array of innovative products and services specifically tailored to enhance your workflows.