Freddie Mac reports a slight one basis-point rise in the 30-year, fixed-rate mortgage to begin 2024, with rates moving sideways as the market digests incoming economic data for the new year. Here’s what they expect for the months ahead.
Most Recent Articles
BDF Law Group Continues Growth
Firm specializing in foreclosure, litigation, bankruptcy, evictions, and collections services has expanded its footprint to 10 states with the addition of new offices in Alabama, Mississippi,...
Enhancing Revenue Opportunities for Real Estate Agents With USRES & RES.NET
While technology can have a big impact on an agent's capacity to optimize income prospects in the highly competitive real estate market, USRES and RES.NET have revealed a variety of products and...
Survey Examines Financial Gap Between Young Homeowners and Renters
A new Redfin survey shows the gap between homeowners and renters in younger generations is much larger than the gap in older generations, as millennials, baby boomers, Gen X, and Gen Zers weigh in...
Freddie Mac Enhances Product Selection With an Emphasis on First-Time Buyers
“We have been working to create new technology features that simplify the mortgage process and reduce costs for both borrowers and lenders,” said Sonu Mittal, SVP and Head of Single-Family...
Nonprofits Leverage ADUs to Tackle Affordable Housing Crisis
Accessory dwelling units are emerging as a solution to the affordable housing situation, as nonprofits are leading innovative efforts across the U.S. The post Nonprofits Leverage ADUs to Tackle...
Home Price Growth Showing ‘Signs of Strain’
“As students went back to school, home price shoppers appeared less willing to push the Index higher than in the summer months," said Brian D. Luke, Head of Commodities, Real & Digital Assets at...
HUD and FHFA Increase Transparency in Home Appraisals
“Today’s release advances our commitment to ensuring all Americans receive fair and accurate appraisals,” said HUD Assistant Secretary for Housing Julia Gordon. The post HUD and FHFA Increase...
Property Taxes: Increases, Payments, and Where They’re Surging Most
Nearly every major U.S. metro area has seen a significant spike in property tax bills since 2019, according to new Redfin data, which showed that three of the five metro areas with the largest...
MBA: Originations to Rise Significantly in 2025
The Mortgage Bankers Association adjusts its purchase origination forecast for 2025, examining the impact of unemployment and monetary policy on the housing market moving forward. The post MBA:...
Fannie Mae Executes Final CIRT With New Enhancements
In a new release, Fannie Mae announced that it has executed its seventh and final Credit Insurance Risk Transfer (CIRT) transaction of the year, revealing that if the covered pool of loans...
Renters Reveal Amenity Preferences, Keywords Used to Find Rentals
While U.S. home prices remain elevated, many Americans are increasingly choosing rental homes as their first choice because more of them are prepared and able to pay more to have the space and...
How Many U.S. Homeowners Remain Equity-Rich?
"Homeowner equity typically mirrors home-price trends, and the third quarter of this year followed that pattern," said Rob Barber, CEO for ATTOM. "Equity remained elevated as the value of...
Home Prices Dip in Top U.S. Cities
The U.S. housing market is showing signs of relief for buyers, as home prices drop in more than half of the largest metropolitan areas. According to the Realtor.com® September Housing Market...
6 Ways to Make Property Taxes Easier for Homeowners
Escalating home values have driven up property taxes, leading to homeowner distress, making it more important than ever to help them understand and plan for these increases. Meanwhile, as interest...
America’s New ‘Ghost Towns’
Americana has long held a fascination for Old West ghost towns, symbols of a bygone day. Now Joybird has redefined that term for the modern age. In their new study, “ghost towns” are modern metro...
Customer Success: Servicing’s Secret Superpower
The real-time pace of change in markets, regulations, and customer expectations has shoved mortgage servicers into the same shifts that originators faced after the 2008 housing crisis. This once...
U.S. Commercial Foreclosures Spike YoY
In September, the highest number of commercial foreclosures were found in pricey states such as California, New York, and Florida, while overall commercial foreclosures also increased from the...
Are Homebuyers Satisfied With Advances in AI?
Cloudvirga polled recent homebuyers on the increasing use of digitalization in the front-end of the mortgage origination process and asked whether adoption of these tools is enhancing or hurting...
Jumbo Mortgage Origination Volume Drops to 10-Year Low
While some 10% of jumbo loans have an interest rate of roughly 6%, new CoreLogic data indicates that, in comparison to prior years, jumbo mortgage originations saw a notable drop in both dollar...
Protected: MP Access Show: Interest Rates, Legacy, and Seeing Around Corners – Conversation with Stanley C. Middleman
There is no excerpt because this is a protected post. The post Protected: MP Access Show: Interest Rates, Legacy, and Seeing Around Corners – Conversation with Stanley C. Middleman first appeared...