This week on the Hot Sheet, Byron Lazine broke down the newest home price indices from Case-Shiller and the Federal Housing Finance Agency (FHFA), as well as a housing market prediction from Robert Shiller.
On Wednesday, the FHFA announced it would rescind its DTI LLPA fee for conventional borrowers. The decision comes after the FHFA announced a delayed implementation to better understand the concerns of industry stakeholders.
According to a new analysis by Zillow Home Loans, recent updates to conforming loan limits by the Federal Housing Finance Agency (FHFA) mean over 2 million U.S. homes no longer require a jumbo loan, making them more accessible for buyers.
The Federal Housing Finance Agency (FHFA) announced new conforming loan limit values. Here’s what it could mean for the industry.
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