Anneliese Mahoney

1 week ago | newslink.mba.org | Anneliese Mahoney

Fannie Mae released its April 2025 National Housing Survey, including the Home Purchase Sentiment Index. The HPSI increased 1.1 points from March to 69.2, but remains down by 2.7 points year-over-year. Twenty-three percent of respondents believe that it’s currently a good time to buy a home, with 77% of respondents saying it’s a bad time. On the other hand, 58% say it’s a good time to sell a home, and 41% say it’s a bad time.

1 week ago | newslink.mba.org | Anneliese Mahoney

VantageScore, San Francisco, released its CreditGauge for March, finding that the average VantageScore 4.0 credit score returned to 702 after dipping slightly in February. Overall, the CreditGauge found a broad-based decline in delinquencies across credit products and days-past-due categories and lower balance-to-loan and utilization ratios.

1 week ago | newslink.mba.org | Anneliese Mahoney

The U.S. Bureau of Labor Statistics reported that 177,000 jobs were added to total nonfarm payroll employment last month, with the unemployment rate flat at 4.2%. Employment trended up in health care, transportation and warehousing, financial activities and social assistance. Jobs declined in the federal government. The change in total nonfarm payroll employment for February was revised down by 15,000, from 117,000 to 102,000. For March, it was revised down by 43,000, from 228,000 to 185,000.

1 week ago | newslink.mba.org | Anneliese Mahoney

Sagent, King of Prussia, Pa., launched its Dara Attorney Portal to enhance efficiency between servicers and attorney partners. It’s the latest addition to the Dara Default product. It integrates law firms and mortgage servicers by enabling lawyers to manage foreclosure and default processes in a shared interface with real-time data, document management and messaging, allowing servicers to reduce costs and improve experience during the default process.

1 week ago | newslink.mba.org | Anneliese Mahoney

Realtor.com, Santa Clara, Calif., released its April Housing Trends report, finding that a U.S. household now needs to earn $114,000 to afford a median-priced home. That’s up 70.1% from $67,000 in pre-pandemic 2019. The national median list price for April was $431,250, only up 0.3% from April 2024. But, the price per square foot was up 1.1% year-over-year. Since April 2019, the typical list price has grown nearly 37% and price per square foot is up 54%.