Mortgage interest rates appear to be following a pattern of ups and downs, especially as consumers anticipate the Federal Reserve's rate hike.
Read More »Freddie Mac’s Portfolio Expands Further to Reach $1.925 Trillion
While not as substantial as June's increase, Freddie Mac's total mortgage portfolio still expanded in July, this time at a compound annualized rate of 0.8 percent, according to Freddie Mac's July 2015 Monthly Volume Summary released on Wednesday.
Read More »June Housing Market Indicators Highest Since 2008
Multiple market indicators show solid strong stabilization within housing in June, mostly due to employment and current mortgages, according to Freddie Mac's Multi-Indicator Market Index. Housing markets are the strongest they have been since 2008, with the national MiMi surpassing 80 in June. Freddie Mac attributes most of this positive growth to a surge in jobs and mortgages that are kept current in nearly all metros.
Read More »Single-Family Renters May Be More Motivated to Become Homeowners Than Those in Apartments
Fannie Mae's new research released Tuesday indicates that people living in single-family rental properties (a house, townhouse, or condo) may be more likely to buy a home than those living in apartments.
Read More »Administration Outlines FHA Financing for PACE Loans
The Federal Housing Administration and the Obama Administration said on Monday that it plans to issue a set of guidelines that will support borrowers that want to make energy-efficient improvements to their homes.
Read More »Presidential Candidates Urged to Reform Fannie Mae & Freddie Mac
Edward Demarco challenges the issue of taxpayers guaranteeing repayment for three out of every four mortgages by suggesting that Fannie Mae and Freddie Mac be reformed and removed from taxpayers pockets.
Read More »Fannie Mae and Freddie Mac Surpass FHFA Credit Risk Transfer Goals
Fannie Mae and Freddie Mac have surpassed the credit risk transfer goals set by their conservator in just three years. According to the FHFA's Overview of Fannie Mae and Freddie Mac Credit Risk Transfer Transactions for August 2015 released Friday, the GSEs transferred significant credit risk on loans totaling more than 667 billion dollars in unpaid principal balance.
Read More »Mortgage Rates Slightly Lower Amid Little Movement in Financial Markets
Fixed mortgage rates changed very little this week compared to last week, with little activity occurring in financial markets, according to Freddie Mac's Primary Mortgage Market Survey.
Read More »FHFA Issues Fannie Mae & Freddie Mac Final Affordable Housing Goals Rule
The Federal Housing Finance Agency announced a final rule establishing the housing goals for Fannie Mae and Freddie Mac for both single-family and multifamily housing.
Read More »Housing Markets Expected to be Affected by Aging Population
The aging baby boomer population is something that is expected to affect both single family and multifamily housing markets, David Brickman, EVP of multifamily business at Freddie Mac explains in an executive perspective post.
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