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.
The post Mortgage Rates Dip—Here’s Why You Shouldn’t Bet on Interest Rates Going Much Lower appeared first on Real Estate News & Insights | realtor.com®.
‘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®.
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®.
The decision to rent or to buy was once a question of finances and lifestyle preferences, but the coronavirus pandemic has added yet another complex layer to the equation for many Americans.
The post Homeownership is increasing during the COVID-19 recession: Here’s why appeared first on Atlanta Agent Magazine.
The incumbent administration eyes returning Fannie Mae and Freddie Mac to private ownership. Democrats would use them to promote affordable housing.
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Homeowners who refinance their mortgages in the next three months will avoid paying the additional fee averaging $1,400 after an outcry from industry groups, lawmakers and the White House.
The post Mortgage Refinance Surcharge Delayed by Fannie, Freddie Until Dec. 1 appeared first on Real Estate News & Insights | realtor.com®.
Homeowners are rushing to refinance at record-low interest rates. Many are finding that lenders have reserved their best rates for buyers.
The post Refinancing Your Mortgage? Those Rock-Bottom Interest Rates Aren’t for You appeared first on Real Estate News & Insights | realtor.com®.