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Fannie Mae forecasts housing starts to increase 18.5% next year with a nearly 20% rise in new home sales and 4% gain in existing home sales for a 5% overall gain.
Fannie Mae sees brighter 2011, raises GDP growth estimate to 3.4% « HousingWire.
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For the first time this year, Fannie Mae announced significant updates to its mortgage underwriting guidelines.
The changes include newer, harsher ARM qualification standards, the elimination of a once-popular loan product, and tighter rules for interest only mortgages.
Fannie Mae made its official...
Mortgage markets improved last week for the second week in a row. And, also for the second week in a row, rates were down on “safe haven” buying — just not for the same safe haven reasons as before.
If you’ll remember, safe haven buying is when investors sense market risk, then...
