Fannie Mae lowers origination forecasts through 2027

Fannie Mae lowered loan forecasts for the next two years and also said interest rates will creep higher by the end of 2027, according to its monthly housing outlook.  Processing Content The government-sponsored enterprise now expects single-family production volume to finish at $2.35 trillion this year, it said in its June report. The new number […]

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9 in 10 buyers OK sharing financial data with AI, survey finds

Homebuyers are becoming more trusting of artificial intelligence across every stage of the homebuying journey, a new industry report found. Processing Content More than half, 53%, of prospective buyers said they would be comfortable purchasing a home without any direct human involvement, according to a survey conducted by Veterans United Home Loans. “What’s striking is

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Ex-FHA commissioner: Fund strong enough for rate cut

Former Federal Housing Administration Commissioner Frank Cassidy identifies a multifamily premium cut as being among his accomplishments while in the post he recently departed, which raises the question as to whether he thinks a new, similar move is in order for single-family. Processing Content “What I’ll say is the FHA insurance fund is the strongest

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