Fannie Mae's Home Purchase Sentiment Index was mostly unchanged in August 2021, however, buyers are becoming a bit more optimistic about homebuying conditions.
Tagged: Fannie Mae
Mortgage Servicers Can Offer Forbearance For Up To 90 Days, Even Without Contact With Borrower
Part Of Ongoing Effort To Reduce Size Of Its Retained Mortgage Portfolio
Beginning In September, Will Allow Lenders To Incorporate Rent Payments In Evaluation Process
Fannie Mae's Home Purchase Sentiment Index reported another split between homebuyers who are losing confidence due to rising prices and confident sellers, who are cashing in on a market with limited supply.
Says Nearly 80% Of 1.4M Single-Family Loans Have Exited Forbearance Plans
Fannie Mae's Economic and Strategic Research Group predicts the housing industry will become a powerful driver of inflation over the next year and a half.
69% of lenders believe profit margins will decrease in the months ahead, while 19% believe profits will remain the same, and 11% believe profits will increase.
Fannie Mae's Home Purchase Sentiment Index reported a decline in the consumer perception of homebuying as affordability and supply concerns grow.
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of people in America.