Doug Duncan, Fannie Mae SVP and Chief Economist, forecasts positive things for 2024. But here’s why rates “still have a significant way to go in order to meaningfully reduce the ‘lock-in effect.’”
Most Recent Articles
Haunted Homes: Homebuyers Ain’t Afraid of No Ghosts
To achieve the American Dream, many U.S. homebuyers are willing to look past the frightful prospect of a haunted home, with a new LendingTree report revealing the share of buyers that would...
How Zombie Foreclosures, Vacancy Rates Are Trending Nationwide
Even as foreclosure filings rise, fewer properties are being abandoned, signaling continued strength in housing demand, according to ATTOM’s new report. The post How Zombie Foreclosures, Vacancy...
Chicago Housing Authority Sues HUD Over New Funding Restrictions
The Chicago Housing Authority (CHA) is suing the U.S. Department of Housing and Urban Development (HUD), seeking immediate intervention from the court regarding new conditions HUD has placed on...
U.S. Rents Keep Falling, Boosting Affordability Across Many U.S. Metro Areas
Rents across the United States continued their steady descent in September 2025, marking the 26th consecutive month of year-over-year declines. According to Realtor.com’s rental data, the median...
Fannie Mae’s Profits Climb, Freddie Mac’s Fall in Divergent Q3 Results
Fannie Mae and Freddie Mac had diverging results for the third quarter, the GSEs reported today. Fannie Mae earned $3.9 billion for the third quarter of 2025, compared with $3.3 billion for the...
Federal Court Halts CFPB’s Open Banking Rule Amid Data Security Concerns
The U.S. District Court for the Eastern District of Kentucky today issued an injunction halting the implementation of the Consumer Protection Financial Bureau’s (CFPB) Personal Financial Data...
In Memoriam: Dr. Cheryl Travis-Johnson of VRM Mortgage Services
Dr. Cheryl Travis-Johnson, EVP and COO of VRM Mortgage Services, passed away last week. Cheryl was a dedicated industry veteran with over 30 years of service. Since joining VRM in 2008, she was...
Remembering John Bell III, Formerly of VA Loan Guaranty Service
As Executive Director of VA's Loan Guaranty Service, Bell had extensive mortgage industry experience, having served in leadership roles with nationwide lenders for over 20 years before starting...
How Much Could Falling Mortgage Rates Save Over the Lifetime of a Loan?
In a new report, LendingTree revealed how the Fed cutting rates and other factors are keeping more money in homeowners’ pockets, and what falling mortgage rates could mean for aspiring buyers. The...
Pending Home Sales Flat in September
Despite easing mortgage rates and a strong stock market, contract signings plateaued in September, reflecting a cautious housing market and uneven regional trends. The post Pending Home Sales Flat...
FHFA House Price Index Reveals Recent Changes in Market Trends
The U.S. Federal Housing Finance Agency (FHFA) has released its findings from the monthly House Price Index (HPI), revealing new data surrounding home price increases, housing growth, the...
Republicans Press HUD for ‘Careful Implementation’ of Homeless Program Cuts
U.S. Department of Housing and Urban Development (HUD) homeless housing program cuts “should be implemented carefully,” House Republicans cautioned in a letter to the Trump Administration,...
FOMC Delivers Expected Rate Cut
As expected, the Federal Open Market Committee (FOMC) cut interest rates by 25 basis points today, a move that will lower rates for various types of credit, though any impact mortgage rates is...
Office Conversions Hit Record High as Cities Embrace Adaptive Reuse
America’s adaptive reuse boom hit new heights in 2024, turning a record number of old buildings into apartments as demand for housing met a glut of underused properties. Nearly 25,000 apartments...
CFPB Reaffirms Federal Preemption of State Credit Reporting Laws
The Consumer Protection Financial Bureau (CFPB) has reaffirmed that the federal Fair Credit Reporting Act (FCRA) broadly preempts state laws related to credit reporting, restoring a national...
Consumers Split on Expected Fed Rate Cut as Borrowing Costs Stay High
Consumers have mixed reactions to tomorrow’s 25-basis point rate cut by the FOMC on Wednesday, according to a WalletHub survey. “Interest rates on financial products, from credit cards to car...
S&P Case-Shiller Index Shows Weakest Home Price Gains in Over Two Years
"August's data shows U.S. home prices continuing to slow," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices. "This marks the weakest...
Mortgage Rates Hit 2025 Low, Offering Hope for a Sluggish Housing Market
Due to a decline in 10-year Treasury yields and heightened economic uncertainty brought on by the prolonged federal government shutdown, mortgage rates dropped to their lowest level in more than a...
Cash Buyers Call the Shots in the First Half of 2025
As homebuyers nationwide continue to navigate the U.S. housing market, Realtor.com’s new report on all-cash trends, “Cash Is King: Trends in All-Cash Home Sales,” has revealed the top six metros...
FOMC Likely to Deliver Back-to-Back Rate Cuts Amid Data Gaps, Market Pressure
A 25-basis point rate cut from the Federal Open Market Committee (FOMC)at Wednesday’s meeting, with the chances pegged at more than 95%, according to the CME FedWatch Tool and several economists....