Samantha Delouya of CNN reports that President-elect Donald Trump will attempt to end Fannie Mae’s and Freddie Mac’s conservatorship. These government-sponsored enterprises (GSEs) guarantee 70% of U.S. mortgages, raising concerns…
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Investor home purchases flatline end of 2024
Brooklee Han of HousingWire reports that the $418M antitrust settlement between the National Association of Realtors (NAR) and plaintiffs in the commission lawsuit was granted final approval on November 27,…
Rent growth to flatline throughout 2025, experts
According to Freddie Mac, the 30-year average mortgage rate increased again this week, nearing 7%. As we approach the holidays, demand for home purchases will likely slow. Although available listings…
Inflationary pressures set to continue into 2025
The Federal Reserve Bank of New York released a new report highlighting that in Q3 2024, U.S. household debt rose by $147 billion (0.8%) from the previous quarter, reaching $17.94…
Trump victory and the impact on housing
Suzanne Blake of Newsweek discusses the impact of a forthcoming Trump Presidency on housing, highlighting that it could have mixed effects. With Republicans securing the presidency and likely a majority…
Fed to cut rates in November 2024 amidst slowing inflation
Christopher Rugaber of ABC News reported earlier this week that the Federal Reserve is expected to cut interest rates by a quarter-point tomorrow, following a previous cut in September, as…
Harris-Trump election impact on housing
Apartment List released its monthly National Rent Report, showing that the national median rent decreased by 0.7% in October to $1,394 as the rental market entered its slower season. This…
Home sales are flat despite lowering interest rates
Dana Anderson of Redfin reports on pending home sales, which jumped 3.2% year-over-year, the largest increase since 2021, driven by a dip in mortgage rates in late September. However, rising…
The remodeling market takes a dip in Q3 2024
Jeff Cox on CNBC reports on last week’s inflation data, highlighting that the U.S. inflation rate rose to 2.4% in September, slightly exceeding expectations. Core inflation (excluding food and energy)…