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Fannie Mae's latest forecast now predicts rates to be half a percentage point higher, and volume to be $1.5 trillion lower than previously expected in 2024.
March 19 -
Some potential sellers are realizing that waiting for lower rates might not be worth it given the amount of equity they have, Zillow said.
March 15 -
The average 30-year fixed mortgage rate for conforming loans fell, according to Freddie Mac, even as the 10-year Treasury yield rose nearly 18 basis points from the start of this week.
March 14 -
The community development financial institution was the nation's top non-qualified mortgage lender last year, according to one ranking.
March 13 -
The Congressional Budget Office put an estimate on the net government subsidy provided to the Federal Home Loan Bank System, including the so-called "implied guarantee," on bonds priced and sold to investors.
March 13 -
But those rates are still relatively high, and that is a barrier to entry for potential homebuyers, Freddie Mac said.
March 7 -
Continued failure to bring Fannie Mae and Freddie Mac out of conservatorship will lead to see-saw mortgage policy every time the White House changes hands, which is against the intent of the GSE statutes that indicate a desire for stable secondary markets, writes the Principal at public affairs firm TVDC.
March 5TVDC -
The latest inflation news has created concern that the Federal Reserve's pivot on short-term rates could be delayed.
February 29 -
While mortgage volume should rise this year, the government-sponsored enterprise expects slightly less activity than it did back in January.
February 26 -
Since mid-January, "we have seen a meaningful uptick in demand that has continued through this past weekend," Toll Brothers Chief Executive Officer Doug Yearley said in an earnings call Wednesday.
February 21