Latest Updates Around The World
HousingWire recently published an op-ed advocating for FHFA’s Bill Pulte to make Fannie and Freddie’s (the GSE’s) mortgages retroactive. The intention is noble – most mortgage lenders are indeed trapped by low interest rates of the pandemic, draining liquidity from the housing market and preventing these borrowers from moving when they should. The reality is […]
The comments come days after President Donald Trump shared an image on social media that hinted at a proposal for 50-year mortgages — an idea that quickly drew criticism for its limited impact on affordability given significantly higher interest costs over the life of loans. ‘Not a realistic option’ Assumable mortgages – which allow qualified […]
