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November 29, 2022

Newsfeed: US Home Prices Declined For 3rd Straight Month In September

Newsfeed: US Home Prices Declined For 3rd Straight Month In September

After tumbling for the first time since 2012 in July, Case-Shiller’s 20-City Composite Home Price index was expected to drop for the third straight month in September (the latest data available) as mortgage rates soared, crushing affordability; and it did, with the 20-City Composite down 1.24% MoM (as the YoY rise slowed from 13.06% to 10.43%)…

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Newsfeed: FHFA Announces Conforming Loan Limit Values for 2023

Newsfeed: FHFA Announces Conforming Loan Limit Values for 2023

The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2023. In most of the United States, the 2023 CLL value for one-unit properties will be $726,200, an increase of $79,000 from $647,200 in 2022.​

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