FHFA: Home Prices Rise in Q3

A large institutional investor is defined as an investor that has direct or indirect control over at least 350 homes. Penalties for violating the law can range from $1 million to three times the purchase price of the...

The order directs the Federal Housing Finance Agency director to reduce homeowners’ refinancing costs by expanding FHFA’s existing title insurance waiver pilot into a permanent program.

Home purchase cancellations rose to 14.5% of pending sales in September, the highest rate on record outside the early months of the pandemic.

Consumer sentiment decreased 0.2% month over month in October to 48, and was down 10.4% from one year ago, according to final results of the University of Michigan Surveys of Consumers.

ABA joined state bankers associations in Illinois, Texas, California and Missouri in debuting ads thanking House lawmakers in each for supporting policies that help families and small businesses.

The 15-year fixed-rate mortgage also declined, to 6.68% from 6.71% last week, compared with 5.44% one year ago.