Published by REALTOR.com | June 9, 2025 With stubbornly high mortgage rates, homeowners are now tapping into their home equity instead of refinancing— and Wall Street is noticing. Mortgage rates remain stubbornly high, making homeownership a challenging path for many Americans. In fact, as of June 5, the 30-year mortgage rate stood at 6.85%, according …
Published by REALTOR.com | June 4, 2025 Assuming a low-rate mortgage can save homebuyers big and potentially cut monthly payments nearly in half—but sellers benefit even more. The American dream of homeownership is now harder than ever to achieve. While there are many reasons for this, mortgage rates, which have more than doubled in the …
Published by REALTOR.com | May 29, 2025 Fannie and Freddie provide stability and liquidity to the U.S. mortgage market by purchasing whole loans from mortgage lenders and packaging them into securities. President Donald Trump appears to be pushing forward with a plan to list government-backed mortgage giants Fannie Mae and Freddie Mac on a major …
Published by REALTOR.com | May 22, 2025 Privatization would be a major milestone for Fannie and Freddie, which were created by Congress to bring liquidity to the secondary mortgage market, ensuring a ready supply of loans for homebuyers. President Donald Trump has confirmed that he is considering privatizing government-backed mortgage giants Fannie Mae and Freddie …
Trump ‘Seriously Considering’ Privatizing Fannie and Freddie Read More »
Published by REALTOR.com | May 15, 2025 Fed Chair Powell has suggested that policymakers are revising their view of longer-term interest rates upward. Federal Reserve Chair Jerome Powell has warned that longer-term interest rates will likely remain higher due to the risk of “volatile” inflation, in another sign that homebuyers should curb their expectations for …
Fed Warns Interest Rates Could Remain Higher for Longer Read More »
Published by CNBC | April 9, 2025 At the end of January, foreign countries owned $1.32 trillion worth of U.S. mortgage-backed securities, or 15% of the total outstanding, according to Ginnie Mae. Mortgage rates follow loosely the yield on the 10-year Treasury. Some speculate foreign countries could be dumping U.S. Treasurys in retaliation against President …
Published by REALTOR.com | April 16, 2025 The Trump administration’s top mortgage regulator has vowed to “root out frauds and cheats” in the mortgage market after launching a tip line to report deceitful home loan applications. Federal Housing Finance Agency Director William Pulte announced the tip line last week, saying “anyone and everyone can submit …
Trump Administration Launches Mortgage Fraud Tip Line Read More »
Published by REALTOR.com | April 9, 2025 Job instability and high interest rates have left millions of homeowners with a mortgage locked out of $731 billion in home equity. Homeowners have long relied on their home equity, often touted as “America’s piggy bank,” to meet their changing financial needs, from paying off credit card debt …
Millions of Americans Blocked From Accessing $731 Billion in Home Equity Read More »
Published by REALTOR.com | March 31, 2025 Home equity in the U.S. reached the third-highest level on record at the end of last year In welcome news for homeowners braving a volatile housing market, home equity in the U.S.—the share of your property you actually own—reached the third-highest level on record at the end of …
Homeowners Are Sitting on $34.7 Trillion in Equity—but Mortgage Debt Is Growing Read More »
Published by REALTOR.com | January 10, 2025 This is keeping many would-be sellers “locked in“ and hindering total inventory recovery. New York City school teacher Joann Mariani had no idea how extraordinary her timing was when she was shopping for a home in summer 2021. In the thick of the COVID-19 pandemic—when lockdowns, face masks, …
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