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Current News and Announcements

September 18, 2024

Existing Home Sales on Pace to Hit Nearly 30-Year Low, Despite Recently Lower Rates

Despite a significant decline in mortgage rates and improved supply in some parts of the country, existing home sales are not expected to pick up meaningfully through the remainder of 2024, according to the September 2024 commentary from Fannie Mae.

September 9, 2024

Mortgage Rate Optimism Spikes, but Homebuying Pessimism Persists

The Fannie Mae Home Purchase Sentiment Index® (HPSI) increased 0.6 points in August to 72.1, as consumers reported significantly greater optimism about the future direction of mortgage rates despite showing little change in overall homebuying sentiment.

September 5, 2024

Expert Panel Predicts Home Price Growth Will Decelerate in 2024 and 2025

Following home price growth of 6.0% in 2023, a panel of housing experts forecasts annual national home price growth of 4.7% in 2024 and 3.1% in 2025, according to the Q3 2024 Fannie Mae Home Price Expectations Survey.

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Housing Perspectives

December 14, 2023

Understanding Homebuying Closing Costs
Jake Williamson
Jake Williamson

Senior Vice President, Single-Family Collateral Risk Management

Although the down payment is typically the largest consideration when it comes to a purchase, it also is important to consider the amount of closing costs as these expenses can reduce the homebuyer's down payment or cash reserves.

December 12, 2023

Challenges Remain in Raising Consumer Awareness of Flood Risk
Saiful Amin
Saif Amin

Senior Director – Climate Impact Strategy

Li-Ning Huang
Li-Ning Huang

Principal – Market Research

Fannie Mae recently refreshed its 2020 national flood survey of homeowners and renters in the U.S. to expand our understanding of consumer awareness and attitudes toward flood risk, flood insurance, and related resources.

November 20, 2023

A Journey to More Equitable Mortgage Standards
Steve Holden
Steve Holden

Senior Vice President, Single-Family Analytics

New, technology-driven capabilities are allowing us to challenge our past approaches to make a better, more inclusive risk assessment without compromising a mortgage’s long-term soundness.

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Media Contacts

Pete Bakel, Director

Jessica Alexander

Matthew Classick

Kevin Colclough

Trish DaCosta

Christopher Davis

Rachel O'Grady

Katie Penote

Louie Wein

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