The mortgage market turned red hot over the summer, posting its biggest three months since the financial crisis.
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U.S. Existing-Home Sales Declined 2.2% in September
Sales of previously owned U.S. homes declined in September, a sign that high prices and slim inventory continue to weigh on the housing sector.
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That Superlow Mortgage Rate? It Could Be Even Lower
The gap between Treasury yields and mortgage rates is higher than it has been in years.
The post That Superlow Mortgage Rate? It Could Be Even Lower appeared first on Real Estate News & Insights | realtor.com®.
That Superlow Mortgage Rate? It Could Be Even Lower
The gap between Treasury yields and mortgage rates is higher than it has been in years.
The post That Superlow Mortgage Rate? It Could Be Even Lower appeared first on Real Estate News & Insights | realtor.com®.
Secret Manhattan Condo Purchases Are Dead, Thanks to a Suburban Squabble
A new law in New York State makes every condo buyer’s name publicly available under the state’s Freedom of Information Law.
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Banks Moving Flood-Based Mortgage Risks Out of Private Sector, Paper Finds
Lenders lower the sizes of their mortgages in flood risk areas to make sure the loans are eligible to be taken on by Fannie Mae and Freddie Mac.
The post Banks Moving Flood-Based Mortgage Risks Out of Private Sector, Paper Finds appeared first on Real Estate News & Insights | realtor.com®.
Banks Moving Flood-Based Mortgage Risks Out of Private Sector, Paper Finds
Lenders lower the sizes of their mortgages in flood risk areas to make sure the loans are eligible to be taken on by Fannie Mae and Freddie Mac.
The post Banks Moving Flood-Based Mortgage Risks Out of Private Sector, Paper Finds appeared first on Real Estate News & Insights | realtor.com®.
Fannie, Freddie to Retain Earnings
Fannie Mae and Freddie Mac will start keeping their earnings under an agreement announced Monday between the Treasury Department and the companies’ federal regulator.
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U.S. Existing-Home Sales Rose in August
Sales of previously owned U.S. homes rose in August, adding to recent modest signs of recovery in the housing market.
The post U.S. Existing-Home Sales Rose in August appeared first on Real Estate News & Insights | realtor.com®.
Fed Cuts Rates By Quarter Point, But Faces Growing Split
The Federal Reserve voted to cut interest rates by a quarter-percentage point for the second time in as many months to cushion the economy against a global slowdown amplified by the U.S.-China trade war.
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