What's next under President-elect Trump's 2nd term? The economy
Inflation and sticky mortgage rates undercut the housing market in 2024. President Trump has vowed to force both metrics down — but conflicting economic policies may make that goal difficult
by Marian McPherson Jan 21
Rollout of new mortgage credit scoring models pushed back
Plan to require lenders working with Fannie and Freddie to use FICO Score 10 T and VantageScore 4.0 models by Q4 2025 has been dropped, with new implementation date 'TBD'
by Matt Carter Jan 17
Trump nominates homebuilder scion to oversee Fannie, Freddie
The grandson of PulteGroup founder William J. Pulte, Bill Pulte is a private equity CEO, philanthropist and Trump loyalist with 3M followers on X
by Matt Carter Jan 16
Strong December jobs report pushes mortgage rates higher
Investors who fund most home loans are now convinced that the Federal Reserve won't cut rates again until June after employers add 256K jobs and unemployment falls to 4.1%
by Matt Carter Jan 10
Mortgage demand crumbles as rates are on the rise again
With mortgage rates back to where they were last summer, purchase applications are coming in at the slowest pace since February 2024, Mortgage Bankers Association lender survey finds
by Matt Carter Jan 8
Would-be homebuyers are still looking for conditions to improve
Americans are more hopeful that the economy is on the right track than they were a year ago, but only 1 in 5 thought December was a good time to buy a home, Fannie Mae surveys show
by Matt Carter Jan 7
Home prices hit new highs in 2024. These 2 factors could ease the pain 
Prices hit record highs in 2024, making affordability just as big a problem as it was on the eve of the 2007 housing bust. But this time, prices in most markets are expected to decelerate, not fall
by Matt Carter Jan 2
Forecasters see strong economy keeping a lid on 2025 home sales
According to Inman's 2025 economic outlook, a soft landing for the economy would mean home prices keep rising and mortgage rates settle in at around 6%, with sales varying widely by region
by Matt Carter Dec 30
Homebuyers show readiness to pounce when mortgage rates dip
Requests for purchase loans picked up last week during a short-lived drop in rates, MBA survey shows, helped by gradually improving inventory conditions and economic outlook
by Matt Carter Dec 18
Why millions of Americans WANT the housing market to crash
Some renters think a crash would help them buy a home. But a surprising number of homeowners also think a major downturn would be a good thing, LendingTree survey finds
by Matt Carter Dec 17
Fannie Mae forecasts 'significant regional variation' in 2025 sales
'From an affordability perspective, we think 2025 will look a lot like 2024,' Fannie Mae chief economist says, but with more inventory in Sun Belt states, Mountain West and Pacific Northwest
by Matt Carter Dec 16
Nation's biggest lender, UWM, is piloting Fannie Mae title waivers
Trade group for title insurers complains federal regulators are disregarding the views of lawmakers in allowing the program to move forward on the eve of a 2nd Trump administration
by Matt Carter Dec 12
December Fed rate cut seen as a lock — then caution may prevail
The latest CPI reading is in line with expectations, but progress in the fight against inflation has stalled, economists warn. A slower pace of easing might keep mortgage rates above 6% in 2025
by Matt Carter Dec 11
Americans optimistic home prices and mortgage rates have peaked
While only 23% of Americans surveyed by mortgage giant Fannie Mae in November thought it was a good time to buy a home, that's up from 14% a year ago when mortgage rates were peaking
by Matt Carter Dec 9
Rocket Mortgage sues HUD over alleged appraisal bias 'tightrope'
Responding to appraisal bias lawsuit, Rocket claims the government requires lenders to grant appraisers independence, then holds them liable if those appraisers engage in discrimination
by Matt Carter Dec 5