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Tag Archives: First-Time Homebuyers

Rising Rates Hampering Housing Market Demand

The latest market report from Fannie Mae revealed a possible economic slowdown in coming months, which would reduce housing demand even further. Meanwhile experts predict prices and rents may stabilize or even fall in some markets within the new year.

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Ginnie Mae MBS Portfolio Outstanding Expands to Nearly $2.3T

Ginnie Mae’s MBS portfolio grew for the 15th consecutive month in September, ending the fiscal year at nearly $2.3 trillion. Alongside financing more than 143,000 homeowners and renters, Ginnie Mae MBS supported financing for more than 64,000 first-time homebuyers last month.

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Record Share of Homebuyers Looking to Relocate

The housing market has slowed following a pandemic-driven buying frenzy, with home sales falling and supply starting to rise due to rising mortgage rates, high home prices, inflation, and a faltering economy. According to a new report from Redfin, a ...

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