“In the near term, we expect volatility to continue and expect rates to remain higher until there are clear signs that inflation is moderating or the economy falters under the weight of pending policy changes,” said Julian Evans, chief financial officer at Cherry Hill Mortgage Investment.
Pulte said that any exit by the GSEs from conservatorship “must be carefully planned to ensure the safety and soundness of the housing market without putting upward pressures on mortgage rates.”
Homes for sale that went under contract in February were on the market for an average of 54 days, the longest period for any February since 2020, according to Redfin.
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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