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Coming Up:
Granite Mortgage Opens In Minnesota
New operation will be headed by President Brian Fritz.
Educating Nervous Gen Z Buyers
Younger homebuyers are getting cold feet and backing out of purchase contracts.
Finance of America To Acquire Assets of AAG
The transaction is expected to close in the first half of 2023.
Fairway Offers Down Payment Assistance To Some First-Time Buyers
The Fairway Community Access program is limited to specific majority-minority communities.
Fannie Mae Home Purchase Sentiment Index Rises For 1st Time In 9 Months
Index increased 0.6 points in November after hitting all-time low in October.
Midwestern Metros Offer Best Option To First-Time Buyers
Areas with more affordable housing should see relatively healthier markets and stronger sales in 2023.
MBA: Mortgage Applications Fall Again
The latest survey showed mortgage applications decreased 1.9% from last week.
Recessions Hit Some Communities Harder
High rent, low housing supply, and unaffordability is affecting everyone, but it's hitting Black communities harder.
Fannie Mae Updates Underwriting To Help 'Credit Invisible' Borrowers
Enhancement to Desktop Underwriter system intended to support loans when borrower has no credit score.