Is the housing market recovering?

Forbearance rate slowly descends to 5.35%

Monday data from the Mortgage Bankers Association reported the share of servicers’ portfolio volume in forbearance fell 3 basis points to 5.35% last week.

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Fannie Mae reports rising confidence in housing market

Following two months of steady declines, Fannie Mae’s housing market confidence index rose 3.7 points in January to 77.7.

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