Remove 2027 Remove Insurance Remove Sellers
article thumbnail

Ending the Fannie/Freddie conservatorships

Housing Wire

a September CHLA Roundtable, former FHFA Director Mark Calabria said that there is maybe a 70% chance this will be accomplished by 2027, adding that You can get them out. With a second Trump Administration imminent, speculation is growing that the GSEs could soon exit conservatorship.At Its all feasible, doable.

Insurance 542
article thumbnail

UNDERSTANDING THE TRUE COST OF HOMEOWNERSHIP

Will Springer Realtor

The soaring prices of insurance and energy have dealt a two-pronged blow to homeowners’ wallets, with no relief in sight. Nationwide, home insurance premiums have surged by an average of 21% year-on-year, as of May 2023, equating to an annual increase of $244 per household. Prospective home sellers are smart people.

article thumbnail

Divergent paths: Housing market policies under a Trump or Harris administration

Housing Wire

But analysts believe that these sellers are likely to become buyers again and will continue to pressure the market. This means moving forward with projects to cut insurance premiums , reduce fees and provide new loan products, such as Freddie Mac’s closed-end second mortgages. FDIC) and the FHFA.