The push comes as the Trump administration signals plans to move forward with a stock offering for Fannie Mae and Freddie Mac.| HousingWire
Average mortgage rates in August continued their steady decline and are now at their lowest rate since last November. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.59%, 13 basis points (bps) lower than July. Meanwhile, the 15-year rate declined 15 bps to 5.71%. Compared to a year ago, the 30-year rate is higher…| Eye On Housing
On July 17, CAI’s Government and Public Affairs team met with leadership within the Federal Housing Finance Agency to share urgent concerns and specific policy recommendations to modernize condominium lending eligibility requirements administered by Fannie Mae and Freddie Mac. This meeting was in follow-up to a letter CAI sent in June to FHFA Director William […] The post CAI Meets with FHFA Leaders to Discuss Condo Lending Eligibility Concerns appeared first on CAI Advocacy Blog.| CAI Advocacy Blog
Rising property insurance costs continue to present challenges for community associations across the country. New data from the Foundation for Community Association Research underscores what many homeowners, boards, and community managers are experiencing: higher premiums, fewer coverage options, and more complex compliance requirements, especially in the condominium housing market. According to the Foundation’s recent Insurance […]| CAI Advocacy Blog
Economists say that while pockets of economic uncertainty persist, consumer confidence has rebounded from its spring dip; steady mortgage rates| RISMedia
Mortgage rates continued their upward trend in May due to market volatility triggered by fiscal concerns and weaker U.S. Treasury demand. According to Freddie Mac, the average 30-year fixed-rate mortgage rose to 6.82% — a 9-basis-point (bps) increase from April. The 15-year fixed-rate mortgage increased by 5 bps to 5.95%. The 10-year Treasury yield, a| Eye On Housing | National Association of Home Builders Discusses Economics an...
CAI is proud to announce the release of Condominium Lending: Fannie Mae/Freddie Mac Your Condominium Association/Housing Coop Eligibility Status. The guidance document is designed to help community associations understand and address lending eligibility issues that may impact property values and home sales. Since the tragic partial collapse of Champlain Towers South in Surfside, Fla., Fannie […]| CAI Advocacy Blog
