May 19, 2024
Finance

Why some parts of US ‘may not be livable’ for homebuyers

HousingWire Lead Analyst Logan Mohtashami joins Yahoo Finance to provide insights on the current state of the housing market. Mohtashami emphasizes that housing affordability “depends on the labor market.” He explains that if jobless claims increase, mortgage rates will likely fall, but if not, “then we’ll stay at these levels.” However, he highlights the improving

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Mortgage

Fannie Mae housing outlook brightens thanks to double pick up

“The gain in existing home sales was in line with our expectations given the decline in mortgage rates in November and December (when most of these sales would have gone under contract) and a pickup in mortgage applications,” said Nathaniel Drake, analyst at Fannie Mae’s ESR group. The ESR group noted that the surprise surge

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