Volume 18 - Number 8
April 18, 2014
Downloads Available: GSE Second-Home Mortgages by State - 1Q14
Fannie: Second-Home Mortgages Rebounding
A new report by Fannie Mae finds that second-home mortgage market activity is in the midst of a strong rebound, representing a small yet significant corner of the mortgage market. Fannie’s report – Second Homes: Recovery Post Financial Crisis – noted that the uneven economic recovery has a benefit to the second-home buyer, who tends to be older, earns more and consequently has the means to make a larger downpayment ... [Includes one data chart]
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