An 18% increase in conforming loan limit, to $647,200, is the biggest leap in records dating to 1970
For the first time, Fannie Mae is forecasting all the way out to 2023, when it expects the economy to enter 'mature state of the business cycle,' with the risk of another recession moving into focus
Increasingly negative consumer sentiment not seen as immediate threat to home sales, as homebuyer demand continues to outpace available listings
A strong fall and winter season should mean 2021 will wrap up with nearly 7M in sales, making it one of the strongest sales years in history, according to a new MoxiWorks analysis
More buyers were seriously considering a second-home purchase last month, and locked in mortgage rates to prepare for the transaction
Truework joins Blend, Equifax Mortgage Solutions and Finicity as third-party vendors currently authorized by Fannie Mae as income and employment validation report suppliers
Fannie Mae economists now expect that when the final numbers are in, sales of new and existing homes will grow by 4.7%, to 6.8M
Rocket Mortgage and United Wholesale Mortgage — the nation's top 2 lenders — and at least 6 others are raising conforming loan limit to $625K ahead of FHFA announcement
Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board
Most Americans think it's a bad time to buy a home but a good time to sell, and high home prices are the culprit
Lenders are betting home prices kept rising in third quarter, and that they'll be able to sell bigger loans to Fannie and Freddie once conforming loan limit officially goes up on Jan. 1
Fed uncertainty and U.S. debt ceiling cliff are creating volatility in long-term interest rates
Extreme weather could strain flood insurance to breaking point, undermine home prices, and drive mortgage defaults, according to the Mortgage Bankers Association
Mortgage giant Freddie Mac's analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias
Biden administration suspends limits on mortgages secured by second homes and investment properties