Housing markets

The Community Home Lenders of America and the Community Associations Institute want the FHA to insure loans on condos approved by Fannie Mae and Freddie Mac.

Underserved markets advocates also want to keep the 30-year mortgage and do more to expand rural and manufactured housing while preserving low cost homes.

Consumers are 19% more likely to pay their auto loans than their mortgages, which is a shift in attitude from the pandemic period, FICO said.

A federal judge in Colorado ruled that the appraisal discrimination case raised by the government against both Rocket and Solidifi will move forward.

While equity still sits near historic highs, price growth moderation led to shrinkage of the total amount available and a rise in underwater mortgages.

Consumers are so concerned about rising costs that they often forego coverage altogether, according to two separate studies from Valuepenguin and Realtor.com.

California-based Linkhome Holdings' new platform allows buyers to use cryptocurrency for property purchases.

The American Land Title Association is supporting Fidelity National Financial's efforts to stop an anti-money laundering rule from going into effect.

Homes for sale inventory reached pre-COVID levels for the first time in years, while contract activity continued to soar last month, HouseCanary said.

Falling mortgage rates resulted in a slight uptick in credit availability in August, the Mortgage Bankers Association research showed.

Housing experts who had previously worked at Fannie Mae and Treasury debated government support for long-term fixed-rate mortgages at a Cato Institute event.

Opendoor Technologies Inc. shares surged by as much as 69% Thursday after announcing the return of its co-founders to the board and a new chief executive officer. 

Consumer prices rose 0.4% in August, up from 0.2% in July, as weak job growth and lingering tariff uncertainty reinforce expectations for a September Fed rate cut.

Falling interest rates led to a rush in refinancing, but slowing purchase activity brought a decline in overall lock volumes, according to Optimal Blue.

An atypical summer for home price growth and mortgage rates approaching their lowest point in 12 months could entice sidelined buyers, Cotality said.

While August's views on buying conditions and rates increased over July, the other components in Fannie Mae's sentiment index all declined, driving it lower.

The 30-year conforming fixed rate mortgage ended this week at its lowest since last Oct. 17, helped by bond traders pricing in a reduction in short-term rates.

As Washington weighs a national housing emergency, U.S. homeownership has slipped year-over-year, according to Redfin.

A pickup in refinances was offset by the first pullback in purchases in four weeks in the run-up to Labor Day, according to the Mortgage Bankers Association.

The increase represents a spot of good news for homebuilders in a year marked by uncertainty surrounding tariffs and still-challenging interest rate levels.