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Mortgage Market Guide: Limited Supply Impacts Housing
In This Issue…
Last Week in Review: There was mixed news from the housing sector, as limited supply is having an impact.
Forecast for the Week: Reports on housing, economic growth and consumer attitudes will take center stage. Plus, the Fed meets.
View: Think multitasking is a productive way to work?Read more »
Fannie Mae: Selling Guide Announcement SEL-2015-07
Some Highlights of the Major Changes for the Better by Fannie Mae:
Conversion of Principal Residence Requirements No Longer Apply
This policy, imposed during the height of the financial crisis, was intended to be temporary in nature. The purpose of this policy has been to ensure that borrowers have adequate capacity and financial reserves to successfully manage multiple properties. It requires manual application by lenders for
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Your REALinsight on real estate and housing
// Rate Update
15 and 30 Year Home Loan RatesHome loan rates edged higher in the second quarter of 2015, as upbeat economic data outweighed the debt woes in Greece.
// Market Watch
Second Quarter Home Resales End on High NoteAlso: TRID delays, while the Fed stays.
// Tech Corner
Virtual Staging for the “Design Challenged”How virtual
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