As the mortgage landscape in the United States undergoes significant shifts, federal authorities are actively laying the groundwork to ensure the interests of mortgage stakeholders. Notably, both chambers of the U.S. Congress are showcasing their commitment through the introduction of bills emphasizing title insurance on loans overseen by government-sponsored enterprises (GSEs). GSE-Backed Loans: Decoding the […]
In a remarkable turn of events, the U.S. housing market has skillfully sidestepped the looming threat of a catastrophic crash, sparking widespread interest and fueling fervent discussions among experts and enthusiasts alike. This dynamic and ever-shifting terrain has emerged as a central focal point of contemplation and analysis, captivating the attention of those vested in […]
Beginning on April 15th, the new Fannie Mae property valuation initiative launched throughout the United States. Essentially, this revolutionary system encompasses technology, data, and analytics. As a result, it enhances the lending process for every stakeholder, including lenders, Realtors, title agencies, attorneys, homeowners, and homebuyers. Overall, Fannie Mae’s goal is to improve the efficiency and […]
In the United States housing sector, home buyers face strong barriers heading into 2022. While December 2021 saw major FHFA changes, housing starts and home sales remain competitive. Home Buyers Face Strong Barriers to Entry in Housing Inventory In 2022, home buyers face strong barriers in the real estate market. The first major barrier stems […]
2021 represented a banner year for real estate, leaving many to inquire about 2022 mortgage rates. Last year, mortgage rates hovered around record low numbers. Real estate experts largely attributed this to the prevalence of the coronavirus pandemic, and its numerous variants. Factors Driving Up 2022 Mortgage Rates The United States real estate market faced […]
Recent reports have continued to show reasons for positivity related to the economy in job growth and inflation, but many investors continue to worry about the long-term effects leading into the rest of the year. Mortgage Rates Continue to Rise Mortgage rates have been on an upward path this year and stronger-than-expected economic data has […]