Rising mortgage rates over 7% are affecting the housing market outlook.
Despite recent Fed rate cuts totaling 100 bps, mortgage rates, including the 30-year fixed, have increased by 78 bps, diverging from expected trends.
HUD Allocates $12 Billion for Long-Term Disaster Assistance in 24 States
New funding initiatives are set to aid communities affected by natural disasters like hurricanes and wildfires, fostering recovery and resilience in impacted areas.
Homeowners are holding onto their properties without plans to sell.
Rising home prices and mortgage rates are reinforcing the lock-in effect, as many homeowners choose to remain in their current properties despite increased inventory.
James Whitlinger appointed as permanent CFO of Freddie Mac
Whitlinger, with a decade at Freddie Mac, steps up as CFO after Lown's exit, bringing extensive experience to steer the company's financial strategy.
Strategies for Reverse Mortgage Professionals to Engage Clients in the Future
Explore the reverse mortgage industry's strategies to engage new clients, highlighting innovative approaches and potential growth opportunities for private lenders.
Could the NAR-DOJ Dispute Reach the Supreme Court Soon?
The Supreme Court's consideration of NAR's writ could impact real estate regulations, raising crucial implications for private lenders in the industry.
Fannie Mae’s Home Purchase Sentiment Index Ends Year on a Downward Trend
Home price predictions remain steady, with 38% of respondents expecting increases. Examine insights from Fannie Mae's latest sentiment index.
Survey Indicates One-Third of Homeowners Will Not Sell Their Homes
A recent analysis highlights that only 2.5% of U.S. homes sold in early 2024, with a significant portion of homeowners opting to stay put indefinitely.
Columbus Realtors Collaborates with HousingWire to Provide Key Industry Insights
HousingWire collaborates with Columbus Realtors, enabling members to access advanced news and data resources tailored for the real estate market in Ohio.
Consumer sentiment regarding mortgage rates has improved compared to last year.
Consumer optimism regarding mortgage rates has increased compared to last year, as highlighted by Fannie Mae's latest Home Purchase Sentiment Index.