Housing Market Roundup Nov. 30, 2021

RE/MAX, Denver, said October home sales fell by 6.4 percent from September—nearly double the typical seasonal decline—pinched between a steep median sales price of $336,000 and record low inventory.

FHFA Holds 2021 Deemed-Issuance Ratio for UMBS at 60/40

The Federal Housing Finance Agency announced the deemed-issuance ratio for the 2021 calendar year in accordance with Internal Revenue Service guidelines on trading of the Uniform Mortgage-Backed Security will remain unchanged in 2021 at 60 percent Fannie Mae and 40 percent Freddie Mac.

FHFA Holds 2021 Deemed-Issuance Ratio for UMBS at 60/40

The Federal Housing Finance Agency announced the deemed-issuance ratio for the 2021 calendar year in accordance with Internal Revenue Service guidelines on trading of the Uniform Mortgage-Backed Security will remain unchanged in 2021 at 60 percent Fannie Mae and 40 percent Freddie Mac.