August 26, 2020
The Fannie And Freddie Plan The Trump administration is preparing to release as early as the first part of September its long-awaited plan to return Fannie Mae and Freddie Mac to private-shareholder ownership, according to people familiar with the matter. The proposal comes more…
August 26, 2020
The scope of condo purchases eligible for lower-down-payment loans is being vastly expanded by the Trump administration. The Federal Housing Administration announced yesterday that this move could help revive the entry-level condo market for first-time buyers. This is because FHA-backed…
August 26, 2020
Americans Have Never Felt Better About Buying A House Than They Do Right Now In July, housing confidence increased as more Americans reported now is a good time to buy, according to Fannie Mae’s latest Home Purchase Sentiment Index. According…
August 26, 2020
Lowered Federal Funds Rates The Federal Open Market Committee yesterday lowered the federal funds rate for the first time since the Great Recession. The FOMC lowered the federal funds rate by 25 basis points, following its policy meeting yesterday. The FOMC also…
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