Fannie Mae offers rewards for health and wellness programs

Fannie Mae on Wednesday announced a new program designed to reward multifamily property owners who provide programs including daycare, health and wellness initiatives, and job training to tenants of affordable housing complexes.  Fannie Mae’s new Enhanced Resident Services program promises savings …

Confidence in Housing Subdued at Year-End

Confidence in housing was subdued in December in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie Mae’s National Housing Survey® (NHS). The HPSI overall posted 85.8 in December, two percentage points lower than the month prior. “Consumers remained cautious in their housing outlook at the end of 2017, as tax reform discussions […]

The post Confidence in Housing Subdued at Year-End appeared first on RISMedia.

Consumers losing confidence in housing, job security

In December, Fannie Mae’s Home Purchase Sentiment Index (HPSI) decreased 2.0 percentage points month-over-month to 85.5 — a reversal from November’s 2.6 percentage point gain which neared September’s all-time high index score of …

Fannie Mae: Economy thriving as 2017 comes to a close

Consumers are spending, investors are investing, employers are hiring, households are as rich as they’ve been in a long time and everybody is pretty much smiling about it. Cheers to that, says Fannie Mae in its 2017 Economic and Housing Outlook, offering a rosy year-end forecast as 2018 quickly approaches …

Confidence in Housing Makes Near-Record Return

Confidence in housing made a near-record return in November in the Fannie Mae Home Purchase Sentiment Index® (HPSI), derived from Fannie’s National Housing Survey® (NHS). The HPSI overall posted 87.8 in November, 2.6 percentage points higher than the month prior. The Index hit all-time highs in February of this year, and again in June and […]

The post Confidence in Housing Makes Near-Record Return appeared first on RISMedia.

Maximum Loan Limits Increase on Fannie, Freddie Mortgages

The maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will increase to $453,100 for most markets in 2018, the Federal Housing Finance Agency (FHFA) recently announced. The increase in the baseline loan limit, mandated by the Housing and Economic Recovery Act (HERA), is in response to rising values. The maximum […]

The post Maximum Loan Limits Increase on Fannie, Freddie Mortgages appeared first on RISMedia.

Confidence in Housing Slips as Year Winds Down

Confidence in housing slipped from an all-time high in October in the Fannie Mae Home Purchase Sentiment Index® (HPSI), thanks to less optimism from both homebuyers and sellers—a sentiment somewhat typical for this time of year. The HPSI overall posted 85.2 in October, 3.1 percentage points lower than the month prior. “The modest decrease in […]

The post Confidence in Housing Slips as Year Winds Down appeared first on RISMedia.

FHFA: Home Prices Rose in August

Home prices rose 0.7 percent month-over-month in August 2017, according to the Federal Housing Finance Agency’s (FHFA) recently released House Price Index (HPI). The HPI year-over-year—based on prices for homes with Fannie Mae- or Freddie Mac-backed mortgages—was up 6.6 percent. Per the Index, month-over-month home price changes range from -0.1 percent in the New England […]

The post FHFA: Home Prices Rose in August appeared first on RISMedia.

Quicken Loans now offers one-step financial information validation

Homebuyers and refinancing homeowners using Quicken Loans will now be able to submit their financial information in one step, thanks to Fannie Mae’s Single Source Validation pilot program …

Industry professionals still top resource for mortgage shoppers

Mortgage shoppers are most influenced by real estate agents and lenders, more so than online sources, a new study by Fannie Mae finds. …