Though the pandemic recession has driven up the delinquency rate on Federal Housing Administration loans, the president's appointees are widely expected to reduce mortgage insurance premiums by at least 25 basis points to make home loans less expensive.
Biden s banking picks shouldn t expect Yellen treatment americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.
November Home Prices Climbed at Highest Rate in Six Years Jan 26 2021, 10:12AM
The annual increases in U.S. home prices
is nearing dizzying levels. The November data from the Federal Housing Finance
Agency (FHFA)
crossed into double digits for the second consecutive month while
the months numbers from S&P CoreLogic Case-Shiller U.S. National Home Price
NSA Index came close.
The Case-Shiller index,
which covers all nine U.S. census
divisions,
gained 9.5 percent compared to the previous November. The annual increase
in October was 8.4 percent. On a seasonally
adjusted monthly basis the National Index rose 1.4 percent and was 1.1 percent
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