U.S. home-price growth is predicted to finish this year at 4.7% before slowing to 3.1% in 2025, according to a quarterly survey of housing experts conducted by government-sponsored enterprise (GSE) Fannie Mae.The third-quarter 2024 survey polled more than 100 mortgage, real estate and academic exper

With elevated levels of home equity across the U.S., mortgage lenders are making home equity lending more accessible to reach more borrowers.Nearly all of the companies analyzed that provide home equity lending have a digital application process, while about half incorporate a soft credit pull befor

Guild Mortgage announced on Wednesday the introduction of a new product line called the “Flex Payment Mortgage,” which includes Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgages (HECMs), refinances, proprietary jumbo options and HECM for Purchase (H4P) loans.“Guild’s Fl

The Federal Housing Administration (FHA) on Wednesday published Mortgagee Letter (ML) 2024-18, which implements updates to debenture interest rates and reimbursements for Home Equity Conversion Mortgage (HECM) program claims proposed in July. The ML goes into effect on Sept. 28.Debenture interest re