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Fannie Mae and Freddie Mac are once again on President Trump’s radar. In a Truth Social post Wednesday, Trump shared that he is “giving very serious consideration” to taking the government sponsored entities (GSEs) public, and “will be making a decision in the near future.” “Fannie Mae and Freddie Mac are doing very well, throwing…
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Existing-home sales slowed in April, according to the National Association of REALTORS®’ (NAR) latest report. Sales dipped in the Northeast and West, grew in the Midwest and were unchanged in the South. Year-over-year, sales declined in three regions and remained steady in the Northeast. Total existing-home sales—completed transactions that include single-family homes, townhomes, condominiums and…
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The House of Representatives has passed the so-called “Big Beautiful Bill,” which includes several provisions altering the U.S. tax code. Several changes originally passed in the 2017 Tax Cuts and Jobs Act (TCJA) would become permanent if this bill is signed into law. The National Association of REALTORS® (NAR), which previously praised an earlier draft…
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Fannie Mae updated its housing market and economic predictions yesterday, tweaking nearly all the numbers positively in the wake of some encouraging data and federal policy shifts. In its latest assessment of the market, the mortgage giant predicted 6.1% rates by the end of the year—a precipitous drop from the current average of 6.8%—and a…
The post Fannie Mae Sees Near-6% Mortgage Rates by End of 2025 appeared first on RISMedia.
Fannie Mae updated its housing market and economic predictions yesterday, tweaking nearly all the numbers positively in the wake of some encouraging data and federal policy shifts. In its latest assessment of the market, the mortgage giant predicted 6.1% rates by the end of the year—a precipitous drop from the current average of 6.8%—and a…
The post Fannie Mae Sees Near-6% Rates by End of 2025 appeared first on RISMedia.
Above, Andrew Wild Lofty has announced that 20+ year industry veteran Andrew Wild has joined the company as Vice President of Enterprise Sales. The former Zillow executive will lead Lofty’s enterprise sales strategy and team, focused on acquiring and expanding partnerships with brokerages across the U.S. Wild will help evangelize the power of Lofty’s innovative…
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