Monthly Archives: December 2014

Freddie Mac: 2015 Home Sales to Hit 2007 Levels

According to Freddie Mac’s latest U.S. Economic & Housing Market Outlook, U.S. home sales in 2015 will show increase to the numbers associated with a normal real estate market. Here is their projection: “We are projecting a 4 percent rise … Continue reading

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2015: The Return of the Millennial Home Buyer

The Return of the Millennial Home Buyer December 16 2014 Earlier this month, Zillow predicted that millennial buyers (under the age of 35) will become the largest group of buyers, overtaking Gen X (35-50 years old) by the end of … Continue reading

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Breaking News: Fannie and Freddie formally announce 3% Down Programs

  Yesterday, HousingWire reported that both Fannie Mae and Freddie Mac formally announced their 3% down options on home purchases. Fannie Mae’s plan will be effective December 13, 2014 while the Freddie Mac plan will be available March 23, 2015. … Continue reading

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What’s Ahead For Mortgage Rates This Week – December 8, 2014

Last week’s economic reports related to housing and mortgages were few, but construction spending, the Fed’s Beige Book report, non-farm payrolls and the national unemployment report indicated trends for the end of the year. Construction Spending Increases U.S. construction spending … Continue reading

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What’s Ahead For Mortgage Rates This Week – December 1, 2014

  Last week’s scheduled economic events were packed into Tuesday and Wednesday, but several housing-related reports were released including the Case-Shiller National and 10-and 20-City Home Price Indices for September, The FHFA House Price Index also for September, and New … Continue reading

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