MBA Weekly Survey Nov. 29: Mortgage Applications Increase
Mortgage applications increased 0.3 percent from one week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending November 24, 2023.
FHFA Announces Increase to Conforming Loan Limit Values for 2024
The Federal Housing Finance Agency raised the conforming loan limit values for mortgages to be acquired by Fannie Mae and Freddie Mac for one-unit properties to $766,550 in 2024, an increase of $40,350 from 2023.
FHFA: U.S. House Prices Rise 5.5% Over the Last Year
U.S. house prices rose 5.5 percent between September 2022 and September 2023, according to the Federal Housing Finance Agency’s House Price Index report released Tuesday.