Amid recent reporting that President Trump is weighing a $500 billion stock offering for Fannie Mae and Freddie Mac and that he might be considering a merger of the two mortgage giants, Mortgage Bankers Association‘s CEO and President Bob Broeksmit authored a blog post highlighting the benefits of having two government-sponsored enterprises (GSEs). In his […]
MBA’s Bob Broeksmit sees risks in merging Fannie and Freddie Read More »
The underlying bond market (which dictates the rates offered by mortgage lenders) weakened moderately overnight. Weaker bonds equate to higher rates, all else equal. “Higher rates” is contrary to many media outlets’ coverage this week, but there’s an important reason. Most news organizations that cover mortgage rates rely on Freddie Mac’s weekly rate survey for
Mortgage Rates Were Flat All Week No Matter What Other News Suggests Read More »
Lenders evaluating residential properties often overlook the influence of surface-level features that directly affect valuation outcomes. Flooring is one of the first elements an appraiser notices, often shaping their perception of a home’s overall maintenance, quality, and appeal. Poorly chosen or inconsistently installed flooring materials can introduce uncertainty that undermines final estimates. Loan originators, brokers,
How flooring choices affect mortgage appraisals Read More »