NAR calls for improvements to the qualified mortgage rule
The Consumer Finance Protection Bureau signaled an interest in ending a temporary exemption that allows government-backed loans to exceed 43 percent debt-to-income ratio
by Patrick Kearns Sep 17
Trump admin proposes massive overhaul of FHA, Freddie and Fannie
New guidance from HUD and U.S. Treasury would end the conservatorship of Fannie Mae and Freddie Mac, while reforming the Federal Housing Administration
by Patrick Kearns Sep 6
Homes houses roofs
Home prices climbed 5% year-over-year in second quarter of 2019, according to the Federal Housing Finance Agency
by Patrick Kearns Aug 27
Growing cities losing affordable housing at alarming rate: Study
A new study from Freddie Mac finds a striking correlation between population growth and affordable housing
by Patrick Kearns Jun 26
New Freddie Mac mortgage plan bundles purchases and repairs
The CHOICERenovation program offers homebuyers a single loan with just one set of closing costs that they can use to buy a house and then fix it up
by Jim Dalrymple II Jun 21
Big changes are coming to Fannie and Freddie ... beware
Opinion
The odds are against the June plan, no matter what it is, it will be likely to raise the cost of borrowing or exclude segments from credit
by Lou Barnes Jun 10
Man in baseball jersey uniform overlooking Mumbai
The program will combine previously separate markets for mortgage-backed securities known as TBAs. Proponents say it will lower mortgage interest rates
by Jim Dalrymple II Jun 4
Mortgage rates hit yearly lows
The average rate on a 30-year mortgage was 4.06% this week, down from 4.66% at this time last year
by Patrick Kearns May 23
Mark Calabria
The former NAR economist has long been vocal in calling for reform to the government-sponsored entities that drive the country's mortgage market
by Patrick Kearns Apr 4
Agents see growing demand as mortgage rates plummet
Agents across the US are getting calls from would-be clients who realize buying is suddenly getting cheaper
by Jim Dalrymple II Mar 29
A rollercoaster
The 30-year-fixed rate fell from 4.28% to 4.06%. Home sales jump expected as buyers rush to take advantage
by Marian McPherson Mar 28
Fannie Mae appoints Hugh Frater as permanent CEO
Frater served as interim CEO during the agency's 6-month search for a new chief executive
Discrimination fears keep LGBT homebuyers on sidelines: Poll
46% of LGBT renters fear discrimination from neighbors, agents and sellers, according to a report by the National Association of Gay and Lesbian Real Estate Professionals
by Marian McPherson Mar 26
Rapidly-Spreading Wildfire In California's Butte County Prompts Evacuations
Veros' new AVM add-on can show exactly which areas were impacted by wildfires, floods, earthquakes and more, helping lenders determine whether to issue a mortgage
by Jim Dalrymple II Mar 15
Here's what NAR wants in the next versions of Fannie and Freddie
The advocacy group hopes things like the 30-year mortgage and affordable credit stick around for the foreseeable future
by Jim Dalrymple II Mar 1