Mortgage rates stable heading into next week's Fed meeting
New inflation numbers, tapering of Fed's mortgage bond purchases likely to be on agenda next week
by Matt Carter Jun 10
Fannie, Freddie filling openings left by departures of top executives
The mortgage giants are continuing to fill openings left by top executives who departed in the wake of the November elections, which sidetracked plans to privatize the companies
by Matt Carter Jun 1
Mortgage rates retreat from 3% threshold
Support builds at the Fed to at least begin discussions on when to taper mortgage bond purchases, which have kept have kept long-term interest rates low
by Matt Carter May 27
Mortgage rates settle in, hovering around 3%
So far, bond markets are taking the prospect of Fed tapering of monthly purchases of $40B in mortgage-backed securities and $80B in Treasuries in stride
by Matt Carter May 20
Black Knight acquires analytics firm eMBS Inc.
Building on last year's Optimal Blue deal, Black Knight strengthens its secondary mortgage market offerings
by Matt Carter May 17
Fannie, Freddie must curb appetite as demand for second homes soars
The trend toward remote work, along with the rising value of stock portfolios and home values, has fueled the demand
by Matt Carter May 10
Mortgage rates stay under 3% for third week in a row
Good news for would be-homebuyers and homeowners looking to refinance
by Matt Carter May 6
Low interest rates drive Freddie Mac new business up 162%
The mortgage giant reported earnings of $2.8B in the first quarter
by Kelsey Ramírez Apr 29
mortgage rates
The 30-year fixed-rate mortgage averaged 2.98%, up slightly from last week’s 2.97%, according to Freddie Mac's Primary Mortgage Market Survey released Thursday
by Kelsey Ramírez Apr 29
FHFA
Eligible borrowers on average would see monthly savings between $100 and $250
by Kelsey Ramírez Apr 28
Home price growth sets record high
The 12.2% gain represents an increase of $35K for a median-priced home that sold a year ago at $290K, according to data released Tuesday by the Federal Housing Finance Agency
Mortgage rates drop below 3% for first time in months
Average mortgage interest rates for a 30-year fixed rate mortgage dropped to 2.97% for the week ending April 22, according to Freddie Mac’s Primary Mortgage Market Survey
by Kelsey Ramírez Apr 22
Forbearance rate drops for 7th week in a row
2.3M homeowners still aren't making their monthly mortgage payments
by Matt Carter Apr 19
housing market
Rising mortgage rates cause Fannie Mae and Freddie Mac to downwardly revise forecasts
by Kelsey Ramírez Apr 19
Homebuilders need to construct 3.8M homes to meet demand
The shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac's chief economist
by Matt Carter Apr 15