FHFA Sets 2021 Performance Goals for Fannie, Freddie

FHFA announced the conforming loan limit values for mortgages acquired by Fannie Mae and Freddie Mac in 2025. In most of the U.S., the 2025 CLL value for one-unit properties will be $806,500,

Home prices increased 3.9% in September compared to the same month a year ago, down from a 4.3% increase the previous month, according to the S&P CoreLogic Case-Shiller Index.

FHA has extended by six months the compliance deadline for a new rule removing the face-to-face meeting requirement for certain mortgagees amid concerns about how the policy would be implemented.

The rate for a 30-year fixed-rate mortgage was 6.84% this week. The rate for a 15-year fixed-rate mortgage was 6.02%.

Existing home sales increased 3.5% in October to a seasonally adjusted annual rate of 3.96 million, the National Association of Realtors reported. Sales rose 2.9% from a year ago. The median existing-home sales price rose 4% from a...

Credit demand remained stable in 2024 but consumers reported higher rejection rates and said they are less likely to apply for credit in the near future, according to the New York Fed’s most recent Credit Access Survey.