Average rate on a 30-year mortgage hits highest level since July
The average rate on a 30-year mortgage in the United States edged closer to 7 percent this week, climbing to its highest level since July. The rate rose to 6.84 percent from 6.78 percent last week, mortgage buyer Freddie Mac said Thursday.
Fannie Mae (OTCQB:FNMA) stock slumped 9.5% and Freddie Mac (OTCQB:FMCC) shares slid 8.4% in Wednesday afternoon trading after ...
U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential ...
The second Trump administration is expected to focus on reducing the government’s footprint in U.S. housing finance. Here’s ...
FHFA will continue to monitor the multifamily mortgage market and maintain the ability to raise the caps further if necessary ...
Short-dated bonds witnessed the most significant declines, while yields fell less drastically across the longest tenors. Read ...
Since 2017, Freddie Mac’s ML program has provided the opportunity for investors to invest in predominantly tax-exempt securities secured by loans on completed, occupied, and stabilized affordable ...
Trump came and went – and nothing happened. The companies had insufficient capital to survive on their own, and Trump had a ...
Freddie Mac says the average rate on a 30-year mortgage slipped to 6.78% this week, ending a six-week climb ...
MCLEAN, Va., Nov. 21, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) ...
The new administration is widely expected to resume a push to remove Fannie Mae and Freddie Mac, the two national mortgage behemoths that buy up huge quantities of loans, from government control.
Investors are ramping up bets that Trump 2.0 will loosen the federal government’s grip over mortgage giants Freddie Mac (FMCC ...
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