How to simplify the appraisal process for everyone in today’s hot market

The housing market isn't slowing down anytime soon, and appraisers need to make sure they have the right tools to manage the high demand.

Who’s afraid of the PSPA?

Stakeholders are divided over whether, in light of proposed changes to its capital rule, the FHFA should retool its agreement with the U.S. Treasury and remove policies some say never belonged there in the first place.

Back to the Future of Mortgage Lending

This webinar will discuss what’s to come in the future of mortgage lending by analyzing past trends in the industry, evolving consumer behaviors and demographics of the industry’s production capacity.

Logan Mohtashami on jobs data and the bond market

In this episode of HousingWire Daily, Logan Mohtashami discusses what the jobs data, changes in the bond market, and the Omicron variant could mean for housing.

MortgageReal Estate

Fannie Mae: Consumer spending growth to pick up in Q2

Full year growth expectations hold at 2%

Fannie Mae held its growth expectations at 2% for the year despite the slowdown in the first quarter, according to its May 2017 Economic and Housing Outlook.

First quarter growth slowed in 2017 from the previous quarter for the fourth consecutive year, partially reflecting ongoing seasonality issues, according to the report.

“Once again, our full-year growth forecast remains intact as the economy grinds along, with the prospect of material policy changes appearing to be delayed,” Fannie Mae Chief Economist Doug Duncan said.

New data shows, however, that consumer spending growth is set to pick up in the second quarter, the report predicts.

And despite the general economic slowdown, housing remained solid during the first quarter, giving a solid start to the spring home-buying season. Housing inventory, however, continues to decrease affordability.

“However, the tight supply of homes for sale continues to act as both a boon to home prices and an impediment to affordability,” Duncan said.

The tight labor market is expected to continue and Fannie Mae continues to predict the Federal Reserve will raise rates in June and September.

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Pending home sales shock 2021 housing crash bears

Pending home sales beat estimates and we can now say the 2021 housing crash bears are even worse forecasters than the 2020 housing crash bears.

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3d rendering of a row of luxury townhouses along a street

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