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While monthly principal, interest, and property tax obligations are up an average 15-17% since the beginning of 2020, the average monthly property insurance payment is up a staggering 52% over that same period.
Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.
New report by First American says home prices decreased by 3.1% between August and Sept. 2024
Redfin analyzes how rising rates may impact voters' decisions in the upcoming election
Fannie, Freddie, and HUD revive key announcements, rolling out expanded appraisal waivers and transparency initiatives
The GSE will expand its performing loan repurchase pilot to all lenders beginning in the first quarter of 2025.
Property taxes up roughly 50% since 2019 are another blow to affordable homeownership in Florida