Recapping the resilience of the 2023 housing market
Opinion
Despite unprecedented challenges, and the predictions of naysayers, the residential real estate market showed surprising strength in 2023, according to industry analyst Michael Gifford
by Michael Gifford Dec 15
Fannie and Freddie 2024 loan limits upped to $766,550 in most areas
Surge in Q3 home prices pushes mortgage giants' conforming loan limits in high-cost housing markets to $1,149,825 for single-unit properties, and up to $2,211,600 for 4-unit properties
by Matt Carter Nov 28
Home prices climb higher for 7th straight month, led by Detroit
National home prices climbed 3.9% from a year earlier in September and were up 0.7% from the previous month. Detroit was the market with the highest price growth, followed by San Diego
by Ben Verde Nov 28
TransUnion knocks plan to let lenders use 2 credit reports
The plan to move to a bi-merge process allowing lenders to use 2, instead of 3, credit reports was announced last October by FHFA, Fannie Mae and Freddie Mac's federal regulator
by Matt Carter Oct 16
Housing groups including NAR float wonky idea to cut mortgage rates
NAR united with lending groups on Thursday to urge the Fed to maintain its current mortgage holdings in order to narrow a wide 'spread' between 10-year Treasurys and rising mortgage rates
by Matt Carter Oct 13
More lenders raise their conforming loan limit to $750K
Following Rocket's lead, UWM and Guaranteed Rate say they'll price mortgages of up to $750K as if they're eligible for purchase by Fannie Mae and Freddie Mac in anticipation of 2024 increases
by Matt Carter Oct 11
Rocket Mortgage now pricing loans of up to $750,000 as conforming
The move could help qualifying borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie Mae and Freddie Mac's 2024 loan limits
by Matt Carter Oct 2
Fannie, Freddie may get green light to buy more shared equity loans
Between 2018 and 2020, Fannie and Freddie purchased close to 600 shared equity loans, before realizing that current regulations might prohibit them from doing so
by Matt Carter Sep 27
Home prices continue to rise, with no end in sight
US home prices climbed 0.6 percent between June and July and reported an annual increase of 1 percent, erasing earlier declines
by Ben Verde Sep 26
Investors who fund most home loans get new climate risk tool
ICE teams up with DeltaTerra Capital to translate physical climate risk estimates into financial risk assessments factoring in default risk, asset price depreciation and insurance costs
by Matt Carter Sep 19
The 2023 fall housing market won't look anything like the 2022 market
Windermere Real Estate Chief Economist Matthew Gardner revealed to Intel why an inventory surge in the fall of 2022 may have been a blip — and what that might mean for the housing market
by Daniel Houston Sep 13
US home prices near 2022 high as prices rise for fifth-straight month
US home prices rose to within 0.02% of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA
by Ben Verde Aug 29
Home prices rose in May in defiance of down housing market
Prices rose 0.7% from April to May after adjusting for increases typically experienced in spring, according to estimates released Tuesday by CoreLogic and the Federal Housing Finance Agency
by Daniel Houston Jul 25
Home prices ticked up in April as market faced a mixed bag
One new figure shows home prices rose in April compared to March but fell year over year. Economists, however, are fairly upbeat
by Jim Dalrymple II Jun 27
Republicans turn up heat on Fannie and Freddie mortgage fee flap
The Federal Housing Finance Agency has formally requested public feedback on what its goals and priorities should be in setting Fannie Mae and Freddie Mac's pricing structure
by Matt Carter May 17