Fannie Mae lowered its 2025 originations forecast by 2.5%, and total home sales forecast by 2.25%, this week.
Tagged: Housing Affordability
One-third of typical mortgage payment now made up of taxes and insurance
MBA's Fratantoni says economic data likely to keep rates 'steady at these levels'
As borrowers increasingly rely on government and non-conforming loans, the GSE market has shrunk dramatically
Declining lock volumes and applications signal difficult conditions ahead with volatility on the upswing
Changes could exacerbate two-tiered market, one that “benefits from tax reform and deregulation, and another that struggles with affordability challenges.”
The equity blessings of rapid home price growth bear the curse of property-tax sticker shock
Alignment between between 2025 forecasts show rising inventory, improving affordability
But, three consecutive months of rising consumer prices flash a warning signal for 2025
Lackluster investor interest and industry consolidation are taking their toll on the market's liquidity