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National home prices reached record high in April: First American
The market is showing signs of rebalancing despite high home prices, as the annual growth rate has slowed to its lowest level since 2012.
MBA’s Bob Broeksmit: ‘The CFPB is listening’ to industry concerns
The MBA has been working closely with the CFPB, a frequent target of the group’s criticism during Rohit Chopra’s leadership.
Bill Pulte is putting ‘obese’ Fannie and Freddie ‘on the treadmill’
Pulte described layers of bureaucracy and paperwork that has raised the cost of housing and made Fannie Mae and Freddie Mac “obese.”
Inflation is high, so why aren’t mortgage rates higher?
Given how high inflation is right now, why aren’t mortgage rates even higher? Lead Analyst Logan Mohtashami explains.
The 7% mortgage is back with a vengeance
Mortgage rates are surging again due to sustained economic growth and continued inflation, eclipsing 7% on Thursday. And it could be a while before they tick back down.
Fannie Mae: Appraisals are no longer the default option
Fannie Mae updated its Selling Guide with more options for property valuations, “moving away from implying that an appraisal is a default requirement.”
