FHFA conforming loan limits increase to $766,550
The Federal Housing Finance Agency (FHFA) has approved an increase in the baseline conforming loan limit for mortgages backed by Fannie...
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- Nov 28
- 1 min
Redfin: Over 3% of homes are selling at a loss
A recent report from Redfin, highlighted by Axios, indicates a rising trend of U.S. homeowners selling their properties at a financial...
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- Nov 20
- 1 min
Mortgage applications reach five-week high
Mortgage applications saw an uptick last week, propelled by a continuous decline in mortgage interest rates from their highest point in...
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- Nov 15
- 1 min
Jobs report connection to mortgage rates dropping
The 10-year Treasury note yield, which is closely tied to mortgage rates, experienced a significant drop of almost 20 basis points...
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- Nov 10
- 1 min
Fed president: Underbuilding, not the Fed, broke the housing market
Minneapolis Fed President Neel Kashkari has countered the notion that the Federal Reserve's interest rate policies are responsible for...
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- Oct 30
- 1 min
All-cash home purchases are on the rise
With existing inventory scarce, all-cash purchases are rising, with a notable bump occurring in the new-home market, according to Census...
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- Oct 27
- 1 min
New home sales increase by 12%
In September, sales of new houses surged to the highest rate since early 2022, indicating continued demand for homes, even in the face of...
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- Oct 24
- 1 min
Existing home sales drop to 13-year low in September
In September, the housing market experienced a significant decline in the sales of existing homes, reaching its lowest point since 2010. ...
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- Oct 16
- 1 min
Positive Inflation Trends: A Potential Respite for the Mortgage Market
Inflation seems to be taking a promising turn, and the latest Consumer Price Index (CPI) report brings some encouraging news. Currently,...
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- Oct 11
- 1 min
Homeowners turn to ‘last resort’ insurers
As traditional home insurance providers pull back from disaster-prone areas, homeowners are turning to state-sponsored "last resort"...
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- Oct 9
- 1 min
Exploring the Impact of Fannie Mae's Reduced Down Payment on Multifamily Properties
Key change: the maximum allowable LTV, CLTV, and HCLTV ratios for two- to four-unit, principal residence, purchase, and limited cash-out...
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WHERE HOME FINANCING BEGINS
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