Shift in Purchase-Mortgage Market Share Toward GSEs, Current Homeowners Part of a Seasonal Trend
August 20, 2015
Fannie Mae and Freddie Mac have been gaining purchase-mortgage market share from the FHA in recent months, according to the Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. The shifts appear to be part of seasonal home-buying patterns rather than direct competition for mortgages with low downpayments. “From our statistics, we see...