Majority of Americans Believe It’s a Bad Time To Buy a Home, Says Fannie Mae. Here’s Why It May Not Get Better Anytime Soon.

“The share of consumers expecting home prices to continue to rise has also been on a steady climb since March,” said Fannie Mae’s Doug Duncan.
The post Majority of Americans Believe It’s a Bad Time To Buy a Home, Says Fannie Mae. Here’s Why It May Not Get Better Anytime Soon. appeared first on Real Estate News & Insights | realtor.com®.

FHFA rescinds “unworkable” fee ahead of implementation 

The mortgage industry decried the proposed loan-level pricing adjustment for borrowers with higher debt-to-income ratios. 
The post FHFA rescinds “unworkable” fee ahead of implementation  appeared first on Atlanta Agent Magazine.

Understanding HUD and what it means for residential real estate

Any agent who works with a client who has procured Fannie Mae or Freddie Mac loans is effectively working for a HUD client. It’s essential, then, that agents know how to navigate the paperwork and bureaucracy of a HUD transaction, or know where to get help.
The post Understanding HUD and what it means for residential real estate appeared first on Atlanta Agent Magazine.

Midterm Elections Could Be Critical for the Housing Market: One ‘Contentious’ Issue Has Split Democrats and Republicans

The Nov. 8 elections will determine which party controls the House and the Senate for the next two years. And the result will then impact a number of issues related to housing finance policy.
The post Midterm Elections Could Be Critical for the Housing Market: One ‘Contentious’ Issue Has Split Democrats and Republicans appeared first on Real Estate News & Insights | realtor.com®.

FHFA announces conforming loan limits for Fannie and Freddie mortgages

The Federal Housing Finance Agency (FHFA) recently announced its 2022 conforming loan limits (CLL) for conventional loans acquired by Fannie Mae and Freddie Mac.
The post FHFA announces conforming loan limits for Fannie and Freddie mortgages appeared first on Atlanta Agent Magazine.

Fannie Mae Aims to Make Home Loans More Accessible

Mortgage finance giant Fannie Mae is making it easier to include rent-payment history as part of the mortgage approval process, a move intended to help borrowers with limited credit histories get better access to home loans.
The post Fannie Mae Aims to Make Home Loans More Accessible appeared first on Real Estate News & Insights | realtor.com®.

Use this easy tool to become your local market expert

As real estate brokers, we need to understand our hyperlocal market, and there are ways that you can slice and dice the data so that you can provide the real picture for your clients in a very clear and concise way.
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