Items Tagged with 'Housing'

ARTICLES

Can the Fed reverse interest rate hikes, impose negative rates?

Fed Chair Yellen testifies before House Financial Services Committee
The hot topic for questioning during Federal Reserve Chair Janet Yellen’s hearing before the House Financial Services Committee Wednesday morning centered around the feasibility of negative Fed rates. The Fed announced in December that it was officially raising the federal funds rate for the first time since June 2006. Is this all about to change?
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Home appraisal values still below homeowner price expectations

Appraised values nearly 2% less than what sellers expect
Quicken Loans announced the average appraised values in December were 1.8% lower than homeowners valued their home. According to its monthly HPPI, December is the 11th straight month when appraised values were lower than homeowners expected, although December marks the fourth month the gap between the two values have narrowed.
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Flint water crisis now impacts mortgage lending

Lenders must prove homes have safe water
The severity of the Flint, Michigan, water crisis continues to plague residents, and now there are questions about whether people will be able to sell their homes if they want to, as their homes may not meet livability standards required for a mortgage.
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[infographic] What’s in your credit score?

MGIC: Breaking down your credit score
There are a lot of factors that make up a credit score, with many people unaware of what even goes into it. MGIC attempts to fix that problem in a new infographic that breaks down a person’s credit score.
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Fannie Mae and lenders end 2015 with a bang

Wells Fargo tops list of producers in "remarkable" year
Fannie Mae, the most reliable source of financing in the multifamily sector, provided $42.3 billion in financing to support 569,000 homes. These homes are financed to support affordable or workforce housing.
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