Mortgage rates continued their relentless rise this week to levels not seen in 2 decades, fueled by a bear market for bonds that fund government borrowing and most home loans
Fed's ‘higher for longer’ rate strategy could keep home sales from rebounding in 2024 or limit the strength of a recovery, according to two closely followed forecasts by MBA, Fannie Mae
MBA, NAR and NAHB warned in a joint letter Monday that uncertainty over the Federal Reserve's next moves is disrupting the housing sector and threatens to send the US economy into a tailspin
Fannie Mae economists predict 'mild recession' in H1 2024, while continued strength in the economy could keep mortgage rates from coming down as much as previously expected
Goldman Sachs economist Michael Murdoch criticized the Federal Reserve's rate strategy at Ben Kinney Companies' BuiltHOW conference, sharing how upcoming policies may impact 2024
MBA forecasters expect rates to ease and sales to rise next year, but Fannie Mae economists predict home sales will remain subdued even if the Fed pulls off a soft landing
With the gross domestic product eclipsing expectations in Q2, the US appears to have avoided a long-predicted recession, even as the real estate industry remains mired in a deep contraction
Co-founder of Countrywide Financial cast himself as the leader of revolution to expand access to mortgage lending but became the public face of the subprime mortgage collapse
Opinion
According to this Dallas real estate broker, mindset, planning and execution will help you navigate the current recession
Federal Reserve's decision on how high and long to keep rates up 'a major risk over the next year' with question of a downturn more a matter of 'when' than 'if': Fannie Mae
While Fed policymakers currently see need for 2 more rate hikes this year, some economists think economy will continue to cool without further tightening
Some Fed policymakers say even if they skip hiking rates next week to assess the latest inflation data, that doesn't mean they're ready to pause altogether
Dave Burt, who made a fortune leading up to the Great Recession and later earned notoriety in the 2015 film 'The Big Short,' is sounding the alarm about a growing threat to housing prices: flood risk
More optimistic outlook of where mortgage rates are headed over the next 12 months drives the largest increase in Fannie Mae's Home Purchase Sentiment Index in more than 2 years
Opinion
The bad news is that a recession is on the horizon. The good news? People will move anyway, driven by a host of other factors