MBA President Bob Broeksmit offered his thoughts on the 2024 election and how the results could shape mortgage rates and regulations.
Search Results for: 2024
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Industry experts say both parties have a correct diagnosis of the problems facing real estate and mortgage, but their potential solutions are quite different.
The V.A. issued guidance to strongly encourage servicers to extend the moratorium while they implement a program to help struggling veterans.
If mortgage rates fall to a projected 6% by the end of 2024, 33% of loans originated in 2023 can save a full percentage point or more
Even if mortgage rates dropped to 4%, the median monthly payment would still be 44% above pre-pandemic levels, said Kevin Barker of Piper Sandler.
HousingWire tracked 62 mergers, acquisitions, exits and bankruptcies covered by the newsroom in 2023. Analysts foresee more next year.
HousingWire spoke to housing market analysts to understand the challenges and opportunities for mortgage lenders in 2024.
The increase in conforming and FHA loan limits will help certain homebuyers, but will it move the needle enough on affordability challenges?
In 2024, FICO will charge one price – higher than the current price – to all mortgage lenders. It is moving away from the tier-based structure it implemented in early 2023.
The baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac in 2024 will be $766,550.