Wednesday, May 8, 2024 | The Latest Buzz for the Appraisal Industry

Lenders Predict a More ‘Normal’ Housing Market in 2022, Fannie Mae Reports

For the fifth consecutive quarter, a plurality of mortgage lenders expect near-term profitability to decrease, according to Fannie Mae‘s Q4 2021 Mortgage Lender Sentiment Survey (MLSS).

According to the survey, 65% of mortgage lenders believe profit margins will decrease in the next three months, up from 46% in the prior quarter, while 31% believe profits will remain the same and 3% believe profits will increase. Competition from other lenders and market trend changes were

This post was originally published on this site

Karen Connolly

Going to Extremes

Does the cost of homeowners insurance affect the price of a home? In some markets, the answer is increasingly yes. In recent years, insurance companies

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