"We will further analyze these initiatives–many of which require Congressional action–as more information is released and will continue to work with the Administration, lawmakers on both sides of the aisle, and industry stakeholders on effective solutions that bolster housing supply, improve affordability for both renters and borrowers, and improve access to sustainable homeownership." --MBA President and CEO Bob Broeksmit, CMB, discussing the Biden administration’s housing announcements during the State of the Union address

Fannie Mae reported its Home Purchase Sentiment Index increased 2.1 points in February to 72.8, inching higher for the third consecutive month.