Asian American homeownership is primed to rise: Freddie Mac

Homeownership rates among minority groups have always lagged behind that of whites, but one group — Asian Americans, Native Hawaiians and Pacific Islanders (AANHPI) — is closing that gap.Freddie Mac’s June 2024 outlook on the economic, housing and mortgage markets revealed that over the past 20 year
Read MoreIs mortgage demand really picking up?

Are we seeing the start of a market shift in mortgage demand? Notably, mortgage rates have been gradually declining, and we’ve observed back-to-back positive weeks in purchase application data for the first time since mid-March. While I typically prefer to see a sustained growth of 12-14 weeks befor
Read MoreReal estate mailers: The ultimate guide for 2024

Real estate mailers aren’t dead — far from it. With so many agents focused on digital marketing, mailers can help you stand out from the crowd to attract new leads, increase brand awareness, generate more referrals, and ultimately close more deals.To get you started on the path to dominating your fa
Read MoreFHFA grants conditional approval for Freddie Mac second mortgage pilot

The Federal Housing Finance Agency (FHFA) on Friday announced that it has given conditional approval for Freddie Mac to begin purchasing closed-end second mortgages through a pilot program.The pilot program includes several limitations to the types of loans the government-sponsored enterprise will b
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