Fannie Mae and Freddie Mac will no longer be charging a fee for refinance loans that was designed to offset the costs associated with the pandemic.
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Americans believe it’s a much better time to sell a home than to buy one, according to Fannie Mae’s latest survey of home purchase sentiment.
The post It’s a seller’s market, Fannie Mae survey shows appeared first on Atlanta Agent Magazine.
If Realtors, lenders and homebuyers are the stars of the real estate show, Fannie and Freddie are the unseen producers who bankroll the production from backstage.
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The FHFA also amended its separate payment deferral option for homeowners so they can now miss up to 18 months of payments.
The post Borrowers With Fannie Mae, Freddie Mac Mortgages Can Receive Up to 18 Months of Forbearance, Regulator Says appeared first on Real Estate News & Insights | realtor.com®.
Economists still expect mortgage rates to rise as the economy improves amid the country’s recovery from the coronavirus pandemic.
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‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,’ Federal Housing Finance Agency Director Mark Calabria said.
The post Fannie Mae, Freddie Mac Can Keep Future Earnings, Per Agreement Between Treasury and Regulators appeared first on Real Estate News & Insights | realtor.com®.
Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities.
The post Fannie, Freddie Tighten Rules for Condos in Vacation Locales appeared first on Real Estate News & Insights | realtor.com®.
A federal financial regulator has sought input on how to modify the appraisal process for loans backed by Fannie Mae and Freddie Mac.
The post Federal Regulators Want To Overhaul Home Appraisals—Here’s How That Could Hurt Both Buyers and Sellers appeared first on Real Estate News & Insights | realtor.com®.
This means homebuyers will be able to borrow up to the new level without triggering higher interest rates.
The post Loan limit boost of 7.4% good for Atlanta buyers appeared first on Atlanta Agent Magazine.
The long-shot effort could affect the cost and availability of mortgages for millions of Americans.
The post Fannie, Freddie Overseer Looks to End Federal Control Before Trump Leaves appeared first on Real Estate News & Insights | realtor.com®.