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Mortgage rates are dropping, but the housing market is still stuck. Here’s why.
A crisis of unaffordability has held the housing market hostage. That situation is not likely to change anytime soon, according to Fannie Mae’s chief economist — and there’s one culprit.
Housing Confidence Inches Higher Amid Record-High Optimism Toward Mortgage Rates
Home Purchase Sentiment Index® (HPSI) increased 1.8 points in September to 73.9, its highest level in more than two years, as consumers reported survey-high optimism that mortgage rates will decline over the next 12 months.
Why Mortgage Rates Haven’t Fallen Since the Fed Cut
The Federal Reserve cut interest rates, then standard 30-year mortgage rates went up. It’s a warning that lower rates from here are not a foregone conclusion.
What could impact mortgage interest rates this fall?
Mortgage interest rates have been on the move lately, with some good news for borrowers. The Federal Reserve's first rate cut of the year on September 18 has started to push mortgage interest rates down.
2h
on MSN
Housing sentiment jumps to highest level in over two years, Fannie Mae says
A record number of consumers expect mortgage rates to fall over the next year. They’re also bracing for an increase in home ...
National Mortgage News
5h
Hire now for next refi wave, operations leader advises
Jay Venkateswaran, business unit head of banking and financial services at WNS Global Services, said the best lenders are ...
Bisnow
3d
ArentFox Schiff To Relocate Downtown HQ To Space Fannie Mae Is Giving Up
ArentFox Schiff is moving its headquarters to Midtown Center, filling a large chunk of the footprint Fannie Mae is planning ...
4d
on MSN
Mortgage Forecasters Slash Their Predicted Rates for End of 2024
Now, the Federal National Mortgage Association, also known as Fannie Mae, has forecast that the 30-year fixed mortgage rate ...
Shelterforce
2d
Could This Rolling Rent Strike Make the Feds Protect Tenants?
With a rent strike, organizers aim to catalyze a crisis to pressure a major federal housing regulator to lock in tenant ...
nationalmortgageprofessional.com
12d
Fannie and Freddie: Foreclosures Fall 7% From Q1 To Q2 2024
The Federal Housing Finance Agency (FHFA) released its second quarter 2024 Foreclosure Prevention and Refinance Report this ...
12d
Fannie Mae Preferreds Offer Election Opportunity
The preferred stock of Fannie Mae and Freddie Mac will surge if Trump wins, based on the potential gains from past elections.
National Mortgage News
2d
FHA eases cyber reporting requirements for lenders
The administration wants to implement a 36 hour window of time for companies to report a cyber incident to the agency.
2d
Tennessee Helene victims: How to find natural disaster relief for bills, mortgage and more
Fannie Mae and Freddie Mac offer disaster relief to eligible homeowners. If these companies own your loans, you could be ...
5d
Greystone Provides $18.2 Million in Fannie Mae DUS® Financing for Multifamily Property in Chicago
Greystone, a leading national commercial real estate finance company, has provided an $18,220,000 Fannie Mae Delegated ...
National Mortgage News
5d
Fannie Mae, Freddie Mac, HUD talk Hurricane Helene relief details
President Biden's initial disaster declaration made mortgage and other federal assistance available to residents across three ...
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