Here’s Where Home Prices Are Headed in 2022, According to Experts – Yahoo.com
Fannie Mae’s latest analysis on affordable housing solutions shows closing costs are a meaningful obstacle to sustainable homeownership for first-time and low-income first-time homebuyers, including Black and Hispanic borrowers.
High Barriers to Entry: Closing Costs for First-Time and Low-Income Homebuyers – Fannie Mae
Fannie Mae’s latest analysis on affordable housing solutions shows closing costs are a meaningful obstacle to sustainable homeownership for first-time and low-income first-time homebuyers, including Black and Hispanic borrowers.
Mortgage Lending Drops Sharply in Q3 – Realtor.com
The percentage of mortgages secured by a residential property in the third quarter slipped by 8% compared to the second quarter, the largest quarterly dip in more than a year.
FHA Increases Loan Limits for 2022 – NAHBnow.com
The Federal Housing Administration (FHA) has announced its loan limits for 2022. The nationwide rise in median home prices indicates most buyers across the country will see increases.
More Renters and Homeowners are Missing Payments – HousingWire.com
More than five million households failed to make their rent or mortgage payments in October, an increase compared to the same period of 2020. According to the Mortgage Bankers Association‘s Research Institute for Housing America (RIHA), the number of households missing rent or mortgage payments increased from 5.33 million to 5.43 million between October of 2020 and October 2021.
