A wide disparity exists between homebuyers and homesellers according to September's Home Purchase Sentiment Index (HPSI) with the overall index decreasing by 1.2 points to 74.5 points. Year-over-year the index is down by 6.5 points. ...
Read More »Annual Home Price Growth Reaches New Heights in August
The 12-month rise in home prices nationwide hit a record-setting mark in August, the highest in 45 years of recording this data.
Read More »GSE Affirms Its Commitment to Racial Equality in Housing
In a recent blog, Fannie Mae details strides it has taken to increase D&I efforts in the industry, specifically its support and promotion of the Appraiser Diversity Initiative (ADI).
Read More »The Week Ahead: Did Home Sales Finish Strong in Q3?
This week, NAR releases its pending home sales report for August, gauging how Q3 2021 concluded in a red-hot year for the housing market.
Read More »Foreign Investor Treasury Purchases Hold Mortgage Rates Steady
Mortgage rates rose slightly this week to 2.88%, still below 3%, with prospective homebuyers snatching up all available inventory.
Read More »Biden Administration Urged to Nominate Thompson as FHFA Director
Current Acting Director Sandra Thompson has been endorsed by Rep. Maxine Waters to assume full leadership of the FHFA.
Read More »Recognizing the Industry’s Leaders in D&I
Women pioneers in the mortgage space will be recognized in-person, in Dallas at the upcoming Five Star Conference, as five nominees for the 2021 Diversity & Inclusion Champion Award are in the spotlight.
Read More »Plurality of Home Lenders Expect Dip in Profits
Mortgagees' pessimism, while waning, reportedly is tied to increased competition. Managing workforces well "will be critical to bottom lines," economists say.
Read More »Homebuyer Optimism Increases
Experts say the rise in hopefulness among potential purchasers is slight, perhaps dampened by consumer concerns about inflation and the Delta variant.
Read More »GSEs Boost Their Investment in Safe and Affordable Housing
The FHFA has raised the amount each GSE can invest to up to $850 million annually in the Low-Income Housing Tax Credit market to support markets that have difficulty attracting investors.
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