Stronger than expected economic and inflation data have pushed interest rates higher and financial markets to price in fewer Federal Reserve interest rate cuts this year, according to Fannie Mae’s Economic and Strategic Research Group.
Tag: Fannie Mae
Fannie Mae: Home Prices Up 7.4% in First Quarter
Fannie Mae reported that single-family home prices increased 7.4% from the first quarter of 2023 to the first quarter of this year.
MBA Breaking Advocacy Update: GSEs Confirm Existing Policy on Interested Party Contributions
Yesterday morning, and in response to MBA’s ongoing advocacy on this issue, Fannie Mae and Freddie Mac (GSEs) each released notices that confirmed that their policies will continue to exclude seller or listing agent payment of buyer agents’ commission from interested party contributions (IPCs).
Fannie Mae: March Home Purchase Sentiment Index Falls Slightly
Fannie Mae’s Home Purchase Sentiment Index decreased 0.9 point in March to 71.9, the first drop since November. However, perceptions of homebuying and selling conditions increased a bit.
Fannie Mae: Consumers Worry About Extreme Weather on Homes, Insurance Premiums
Nearly half of Americans surveyed expressed concern about the impact of extreme weather events on their homes–especially about excessive wind and heat–according to Fannie Mae, Washington, D.C.
Fannie Mae: Higher Rate Forecast Leads to Declining Home Sales Expectations
February’s mortgage rate increase led to a modest downgrade to expectations for total home sales and mortgage originations this year, according to Fannie Mae, Washington, D.C.
MBA Education Path to Diversity Scholar Profile: Claire McCord Dries, AMP
(One in a continuing series of profiles of participants in the MBA Education Path to Diversity (P2D) Scholarship Program, which enables employees from diverse backgrounds to advance their professional growth and career development.)
Fannie Mae: Home-Selling Sentiment Moves Higher Ahead of Spring Homebuying Season
Fannie Mae reported its Home Purchase Sentiment Index increased 2.1 points in February to 72.8, inching higher for the third consecutive month.
Industry Briefs March 8, 2024
Industry news from Ginnie Mae, Fannie Mae, Mortgage Cadence, Talk’uments, FICO and Premier Lending.
Fannie Mae Panel Upgrades Home Price Growth Outlook
A panel of housing experts expects annual national home price growth of 3.8% this year and 3.4% in 2025, according to the Q1 2024 Fannie Mae Home Price Expectations Survey.