Tag : mortgage

Experts: Rising Mortgage Rates Will Significantly Impact 2017 Housing Market

February 13, 2017

SEATTLE — Increasing mortgage rates and their impact on affordability will be the most significant force driving the 2017 housing market, according to the latest Zillow Home Price Expectations Survey. … Read More

Report: Prices Surge as New Home Sales Reach Eight Year High

May 24, 2016

A story today from Reuters says that U.S. single-family home sales surged to a more than eight-year high in April and prices hit a record high, offering further evidence of … Read More

Report: Fannie Mae, Freddie Mac Set to Reduce Mortgage Balances

March 22, 2016

Housing Wire, citing a Wall Street Journal article reports that Fannie Mae and Freddie Mac will begin to cut mortgage balances later this year. The Wall Street Journal states that … Read More

Fannie Mae Expands Access to Credit

August 25, 2015

Fannie Mae announced Tuesday an innovative lending option aimed at helping creditworthy borrowers with lower and moderate incomes have access to an affordable, sustainable mortgage.  HomeReady mortgage features new functionality for … Read More

U.S. Foreclosures at 10 Year Low, Some States Still Slow to Recover

July 17, 2015

Foreclosures in the U.S. dropped to the lowest the country has seen in 10 years, Reuters reported Thursday. States such as California, Florida and Arizona saw foreclosures drop to levels … Read More