Articles

Almost 45% of homeowners are now equity rich

Latest trend on home equity is good news for homeowners, challenging for first time buyers Soaring home prices continue to serve existing homeowners, with nearly 45% of all property owners now considered equity rich, a year-over-year jump that boosted 13% more homeowners into the prime position. A h...

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Fannie Mae income drops amid mortgage market troubles

But net worth was up for the GSE, which is also contending with delinquent loans and increased liquidity requirements Fannie Mae, the government-sponsored enterprise that backs the majority of conventional mortgages, is not immune to the sharp decline in mortgage refinances. The enterprise reported ...

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