White House Forecasts Somewhat Higher Interest Rates

The Wall Street Journal, March 11, 2024-Nick TimiraosPresident Biden signaled optimism during a campaign event last week that the Federal Reserve was going to cut interest rates soon. The economic …

How No-Cost Mortgages Save Buyers Money When Rates Come Down

Orange County Register, February 26, 2024–Jeff LazersonRumor is that the Fed might drop short-term rates three times in 2024. That’s good news for homebuyers as fixed-rate mortgages tend to follow …

Despite Drop in Q4 HELOC Lending, Turnaround Possible

Home Equity Lending News, February 29, 2024Although the volume of home-secured credit lines opened during the fourth quarter was significantly lower than a year earlier, the outlook is bright for …

MBA Gives Backing to Loan Repurchase Efforts

MPA, March 4, 2024-Abigail AdriaticoMortgage Bankers Association (MBA), the association that represents the real estate finance industry, has applauded efforts by Fannie Mae and Freddie Mac to address requests for …

Florida’s Housing Market Is in Trouble

Newsweek, March 4, 2024-Giulia CarbonaroSales of condos in Florida have dramatically fallen in recent weeks, even as prices dropped in some of its major metros and the number of “motivated” …

Condominiums Gaining Ground in U.S. Mortgage Market–Fannie Mae

MPA, Feb. 22, 2024-Mika PangilinanAmid a persistent national housing shortage, Fannie Mae has published a study highlighting the growing significance of condominiums in the US mortgage market, alongside the risks …