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Fannie Mae now is predicting 30-year fixed mortgage rates will average 6.8% in the fourth quarter of 2026 and remain at that level through the first half of 2027. The post Fannie Mae Sharply Raises Mortgage Rate Forecast Through mid-2027 first appeared on The MortgagePoint .
Cash-strapped homeowners associations nationwide reportedly are taking a tougher stance on unpaid dues and pursuing foreclosure against more homeowners as communities grapple with mounting financial pressures. The post HOAs Ramping Up Foreclosures Against Delinquent Homeowners first appeared on The MortgagePoint .
The Treasury Department's reported that the nation's debt reached $40.05 trillion on Aug. 18, more than double its level in 2017. Heavy government borrowing can impact the affordability of housing. The post National Debt Tops $40T After Doubling in Less Than a Decade first appeared on The MortgagePoint .
To identify the top local real estate markets in the country, WalletHub analyzed 300 cities of different sizes based on essential indicators of housing market appeal and economic robustness, providing homebuyers with more education when choosing a home to settle down in. The post Study Reveals the Best U.S. Markets for Construction, Value & More first appeared on The MortgagePoint .
According to new Realtor.com data, in early 2026, cash transactions represented more than 30% of home sales, as a combination of declining prices, better inventory levels, and a more balanced market facilitated the return of more financed buyers. The post Cash Buyers Retreating Swiftly as the Volume of Sales Diminishes first appeared on The MortgagePoint .
In a 9-3 vote at its July FOMC meeting, some members said they believed a rate hike was needed to battle inflation. In the end, the rates held steady. The post Fed Meeting Minutes Reveal Case for Immediate Rate Hike first appeared on The MortgagePoint .
The merger created Vivmark Residential, which now is one of the country's largest real estate companies with an equity market capitalization of roughly $51 billion and an enterprise value of about $70 billion, with more than 184,000 rental apartments and over 11,100 apartments under construction. The post Multifamily Giants AvalonBay, Equity Residential Complete Their Merger first appeared on The…
U.S. home prices rose 3.4% year over year in July, according to Redfin, as luxury buyers helped prop up the market despite high mortgage rates and a growing seller surplus. The post Home Prices Post Fastest Annual Gain in a Year Despite Tepid Demand first appeared on The MortgagePoint .
The high cost of buying a home is a major contributor to the rising cost of renting a home, according to a new Zillow report. The post U.S. Rents Continue to Rise… and Here’s Why first appeared on The MortgagePoint .
In July, the U.S. Census Bureau reported that single-family housing starts were at a seasonally adjusted annual rate of more than 800,000, a notable decrease from June and an additional decline compared to the same month last year. The post Single-Family Home Construction Declines, But New Permits Offer Glimmer of Hope first appeared on The MortgagePoint .
