Search results
Results from the WOW.Com Content Network
House in Salinas, California under foreclosure, following the bursting of the U.S. real estate bubble. The 30-year mortgage rates increased by more than a half a percentage point to 6.74 percent during May–June 2007, [ 78 ] affecting borrowers with the best credit just as a crackdown in subprime lending standards limits the pool of qualified ...
1968: As part of the Housing and Urban Development Act of 1968, the Government mortgage-related agency, Federal National Mortgage Association (Fannie Mae) is converted from a federal government entity to a stand-alone government sponsored enterprise (GSE) which purchases and securitizes mortgages to facilitate liquidity in the primary mortgage market.
March 1–June 18: 406 people are arrested for mortgage fraud in an FBI sting across the U.S., including buyers, sellers and others across the wide-ranging mortgage industry. [ 199 ] March 10 : Dow Jones Industrial Average at the lowest level since October 2006, falling more than 20% from its peak just five months prior.
Click here for real estate and housing market news, reports, and analysis to inform your investing decisions Read the latest financial and business news from Yahoo Finance Show comments
In July, the housing market had a 4.0-month supply of housing inventory, a 19.8 percent improvement over last year but still below the 5 to 6 months needed for a healthy, balanced market — one ...
2024 was a tough year for the U.S. housing market. Here’s what experts predict for 2025. ... In fact, CoreLogic, a real estate data firm, predicts total home sales will increase by 9 percent in ...
A real-estate bubble or property bubble (or housing bubble for residential markets) is a type of economic bubble that occurs periodically in local or global real estate markets, and it typically follows a land boom or reduce interest rates. [1]
In a new study, Realtor.com forecasted the American real estate and housing market of 2025 and predicted the 100 markets in America for the coming year. After crunching a complex series of numbers ...