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Existing Home Sales Hit a Multidecade Low. Why Are Economists Upbeat About the Housing Market?
Existing-home sales were higher in December, but still came in at their lowest levels since 1995. Economists see positive trends that could continue into 2025.
Housing market rewind: Home sales drop in 2024 to level not seen since the '90s
Home sales skidded to a fresh low in 2024 as high mortgage rates and property prices kept buyers and sellers on the sidelines of the housing market. Americans sold 4.06 million previously-owned homes in the year,
US existing home sales rise in December; house prices hit record high in 2024
U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be limited by elevated mortgage rates and house prices, which are keeping many prospective buyers on the sidelines.
1d
30-Year Mortgage Rates Tick Up for the First Time in Over a Week
After falling for four days and then holding at that level for another day, rates on 30-year mortgages added points Thursday, ...
23h
on MSN
US home sales in 2024 fell to the lowest level in nearly 30 years as prices, and mortgages, soar
Elevated mortgage rates, rising home prices and a low level of properties on the market kept many prospective homebuyers out ...
2d
It's time for Fannie & Freddie to go private: Former FDIC chair
President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is ...
6h
How to come up with a down payment on a house
With prices high, putting aside enough cash to buy a house can be daunting. But housing experts say there are assistance ...
8d
on MSN
Trump May Privatize Fannie Mae and Freddie Mac. What It Means for Shareholders and Homeowners.
Fannie and Freddie play crucial roles in the housing market—setting lending standards for home loans and owning or ...
1d
on MSN
Average mortgage rate slips below 7%, falling for first time in 5 weeks
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five ...
nationalmortgageprofessional.com
1d
Mortgage Rates Down After Five Weeks Of Increases
The 30-year fixed-rate mortgage (FRM) broke a five-week upward trajectory and dipped to 6.96%, according to Freddie Mac’s ...
1d
on MSN
Home Sales Had Their Worst Year Since 1995. There May Be a Silver Lining.
Fewer previously owned homes changed hands last year than any time since the mid-1990s. Volatile mortgage rates and ...
Housing Finance
10d
Freddie Mac Multifamily Volume Increases 34% in 2024, Reaches $66 Billion
Freddie Mac’s 2024 multifamily volume was up 34% over 2023, the government-sponsored enterprise (GSE) reported. Its ...
10d
2024 Freddie Mac Multifamily Volume Reaches $66 Billion, Up 34% Year Over Year
Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing GoalsMCLEAN, Va., Jan.
1d
Trump's Bessent To Explore GSE Restructuring Options
Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration ...
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