Mortgage rates inch down
The rate for a 30-year fixed-rate mortgage was 7.18% this week. The rate for a 15-year fixed-rate mortgage was 6.57%.
Mortgage
Fed survey finds weaker demand for commercial real estate loans in Q3
During the third quarter, banks reported that lending standards for commercial and industrial loans to large and middle-market firms were...
ABA, associations support proposed changes to FHA minimum property requirements
By aligning the Federal Housing Administration’s single-family minimum property requirements with those used by Fannie Mae and Freddie Mac, federal...
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage was 7.24% this week. The rate for a 15-year fixed-rate mortgage was 6.6%.
Fannie Mae posts updates to its AI and cybersecurity requirements
Among the new requirements is a 36-hour cybersecurity incident reporting window requiring companies to provide Fannie Mae with “prompt” details...
Indexes: Monthly home prices are mixed, rise overall
According to the Federal Housing Finance Agency’s monthly House Price Index, U.S. house prices rose nationwide in August, up 0.3%...
Treasury proposes rule to bar large institutional investment in single-family homes
A large institutional investor is defined as an investor that has direct or indirect control over at least 350 homes....
Trump issues additional orders intended to lower housing costs
The order directs the Federal Housing Finance Agency director to reduce homeowners’ refinancing costs by expanding FHFA’s existing title insurance...
ABA DataBank: Home purchase cancellations near record highs
Home purchase cancellations rose to 14.5% of pending sales in September, the highest rate on record outside the early months...
Mortgage rates dip after seven weeks of gains
The 15-year fixed-rate mortgage also declined, to 6.68% from 6.71% last week, compared with 5.44% one year ago.
