Tag Archives: Freddie Mac

Fixed-rate mortgages are dropping in the wake of the U.K.’s Brexit vote, with 30-year mortgages hitting a three-year low this week.

Out of the 100 metros tracked by Freddie Mac's MiMi, 99 of them experienced year-over-year gains.

Low mortgage rates are taming rapidly rising house prices and keeping homeowners from overleveraging themselves, according to Freddie Mac.

A group of 26 stakeholders in the housing industry has written a letter to FHFA Director Mel Watt asking him to either reduce or eliminate loan-level price adjustments (LLPAs) and guarantee fees charged by the Fannie Mae and Freddie Mac.

The bill, called the HR 5505 GSE Review and Reform Act, would require the U.S Treasury Secretary to study the Federal Housing Finance Agency’s conservatorship of Fannie Mae and Freddie Mac annually.

Mortgage rates and mortgage applications both dropped slightly last week, as jittery investors continued to turn to government-backed bonds in the lead-up to the Federal Reserve’s June meeting and a shaky European market.

Mortgage rates moved lower this week after a dismal jobs report, sparking buyers to rush to the market and take out a mortgage loan.

It seems Baby Boomers hold all the power–at least when it comes to the single-family housing market.

As older Americans enter into retirement age, they are pressed with the question of staying in their home, borrowing against their home, or opting out of homeownership for renting.

Housing finance reform is once again taking center stage as several industry stakeholders have sounded off on the topic, stressing the importance of protecting taxpayers and the mortgage industry in general.