Just as the national homeownership rate showed signs of stabilizing over the past six months (See Has the Homeownership Rate Bottomed Out?), Fannie Mae’s Multifamily Research Group predicted today that the rate would fall another one to two points by 2015 despite the fact that the company, along with Freddie Mac, owns the mortgages for about half the single family homes in the nation. Read More »

Fannie Mae’s economists expect total home sales to rise approximately 9 percent this year from last year’s depressed levels.

Last month the largest percentage of Americans since the housing bust said they believe it’s a good time to sell house, according to the latest Fannie Mae National Housing Survey. Read More »

Expect at least another full year of falling home prices before things get better. That’s the bottom line from Fannie Mae’s economists in their final forecast for 2011. Read More »

Only 23 percent of renters living in single family homes-where more than half the nation’s renters live today–believe that renting makes more sense than buying a home. Read More »

Fannie Mae’s latest National Housing Survey found that younger Americans, Hispanics, and African-Americans are generally more positive about owning a home than the general population even though Gen Yers and minorities suffered the steepest decline in homeownership over the past five years. Read More »

The Administration’s plan to wind down Fannie Mae and Freddie Mac over the next five to seven years and replace their functions with new regulation and private sector capital announced this morning contains some short term surprises that will impact real estate consumers and the housing economy within the next year. Read More »

Though most forecasters are bearish on the outlook for property values next year, due largely to the overhang of foreclosures that is worsening with the self-imposed moratoria by several big lenders, a consensus is building for improved demand by next summer as the overall economic picture brightens. Read More »

Keeping Freddie and Fannie solvent has cost taxpayers six times as much as the homebuyer tax credit and, depending on the economy, could just about equal the cost of mortgage interest deduction over the next two years, according to projections released yesterday by the Federal Housing Finance Administration. Read More »

In its second quarter report, Fannie Mae confirmed what others have previously reported: since the first of the year, serious mortgage delinquency rates have slowly but steadily declined. Read More »