Fannie Mae and Freddie Mac Baseline Limit Will Increase to $548,250 FOR IMMEDIATE RELEASE 11/24/2020 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today..
Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates..
Negative Equity Falls to Pre-Recession Levels Thanks to Home Price Gains
Homeowner equity jumped again in the fourth quarter of last year. CoreLogic’s report said it found that, among homeowners with mortgages, about 63 percent..
COVID-19 Beginning To Affect Real Estate, But It’s Not All Bad News
Home sellers and potential buyers appear to be having a variety of reactions to the turmoil surrounding the COVID-19 virus with some even viewing it..
Buying or Selling a Home? Here’s What You Need To Know About the Competition
Knowledge is power. And if you’re planning to battle hordes of other buyers to get a home or put your own house on the..
Even after a half-point rate cut, the market is expecting the Fed to do a lot more
The Federal Reserve’s extraordinary rate cut Tuesday is likely only the first of multiple efforts to stem fear over the threat the coronavirus poses..
Renters Mistakenly Believe They’re Paying Less Than Owners
Renters questions in a new Freddie Mac survey expressed a rather unfortunate misconception. In its new Profile of Today’s Renter and Owner, the company said it..
VA Removes Loans Limits, Increases Fees
U.S. military veterans and active duty personnel who buy or refinance a home in 2020 will have more buying power if they use a..
Seattle Real Estate in November: Sales up 21.7% YoY, Inventory down 21.1% YoY
The Northwest Multiple Listing Service reported “November Surprise” brings “plenty of buyers”; uptick in home sales, prices Brokers with Northwest Multiple Listing Service reported “plenty..
FHA 2020 Loan Limits Set
Federal Housing Administration (FHA) Commissioner Brian D. Montgomery has announced the loan limits for FHA forward mortgages in 2020. The limits are based on..
