Fannie Mae: Recession Still Expected For 2023
The GSE says a modest recession is expected to enter and exit throughout 2023, with home sales rebounding in the end of Q2 2023
The GSE says a modest recession is expected to enter and exit throughout 2023, with home sales rebounding in the end of Q2 2023
Mortgage rates dropping from over 7% to 6.6% this week means homebuyers have more money available.
A Freddie Mac survey showed that Gen Zers still strive to buy homes, but face affordability challenges.
Rates posted their largest single-day decline since 2009.
A survey done by Offerpad reported that more than a third of Americans are hopeful about the housing market, despite recent shifts.
CPI slipped to 7.7% in October, the smallest YOY increase since January.
Nation's largest lender is showcasing a loyalty program that offers homebuyers savings on closing costs.