As the regulator for Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, the FHFA has an enormous hand in who in this country can get a mortgage and on what terms.
The release of FHA’s annual report and increase in FHA loan limits makes it a good time to assess the program’s health.
Between 1999 and 2015, 42 percent of white young adults owned a home, while only 18 percent of black young adults were homeowners.
Today’s young adults are less likely to own a home compared with baby boomers and Gen Xers at the same age.
The cash-out refinance share of all refinances is at the highest point since the 2008 financial crisis.
Due to expire in three years, LIBOR currently sets the rate for 2.8 million adjustable-rate mortgages and most reverse mortgages.
House prices today are higher than they were in 2006, the year the housing market started to collapse.
Over the past four years, households have become less likely to have kids and more likely to have pets.