Affordability and the so-called “lock-in effect” will likely keep housing activity subdued in 2025, according to the Fannie Mae Economic and Strategic Research Group.
Tag: Fannie Mae
Fannie Mae: Consumer Sentiment Rises in November
Fannie Mae released the results of its Home Purchase Sentiment Index for November, finding it rose 0.4 point to 75.
Fannie Mae Survey: Home Price Growth Deceleration Still Expected in 2025, 2026
Fannie Mae released its Home Price Expectations Survey. The respondents’ average outlook pointed to 5.2% growth in national home prices in 2024.
People in the News, Nov. 19, 2024
Industry personnel news from Dark Matter Technologies, Optimal Blue, MAXEX, MBA, Fannie Mae, FHFA, Certainty Home Lending and Provident Bank.
Fannie Mae Finds Most Consumers Support Building New Housing; Disagree on Details
Far more consumers say affordable housing is harder to find than a few years ago, but more than half believe house prices, rent and local taxes will increase if more homes are built in their neighborhood, a recent Fannie Mae survey found.
Fannie Mae: Consumers Feeling Better About Housing Despite High Home Prices
Fannie Mae, Washington, D.C., said its Home Purchase Sentiment Index increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022.
Freddie Mac’s Mike Hutchins Announces LPA Update; Talks Tech, Repurchases With Fannie Mae’s Priscilla Almodovar
DENVER–Freddie Mac President Mike Hutchins announced Oct. 28 the latest addition to the enterprise’s automated underwriting system (Loan Product Advisor): LPA Choice.
MBA Statement on FHFA Updates on Loan Repurchases, Appraisals, and Pricing
DENVER–MBA President and CEO Bob Broeksmit, CMB, issued the following statement on today’s Federal Housing Finance Agency (FHFA) announcements on loan repurchases, appraisals, and pricing at MBA’s 2024 Annual Convention and Expo.
Fannie Mae: Home Price Growth Slows, Remains Robust
Single-family house prices increased 5.9% from third-quarter 2023 to third-quarter 2024, a deceleration from the previous quarter’s 6.4% annual growth rate, according to Fannie Mae, Washington, D.C.
Fannie Mae Finds Housing Confidence Inching Higher
Fannie Mae, Washington, D.C., reported its Home Purchase Sentiment Index increased 1.8 points in September to 73.9–its highest level in more than two years–as consumers are optimistic mortgage rates will decline further.