Mortgage rates set new record low for 13th time in 2020
The average 30-year mortgage hit an all-time low of 2.72%, according to Freddie Mac
by Patrick Kearns Nov 19
David Brickman to leave Freddie Mac amid conservatorship woes
Freddie Mac CEO David Brickman's resignation will take effect on Jan. 8 as the enterprise continues its battle to exit a decade-long conservatorship
by Marian McPherson Nov 13
Mortgage rates hit another historic low amid electoral uncertainty
With 30-year, fixed-rate mortgages dropping to 2.78%, it's the 12th time this year that rates have hit a new low, according to data released Thursday by Freddie Mac
by Patrick Kearns Nov 5
Here's how Trump and Biden stack up on housing issues
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness
by Jim Dalrymple II Nov 3
Low mortgage rates are propping up economy and propelling growth
The average rate for a 30-year, fixed-rate mortgage was 2.81%, a shave higher than last week's historic low of 2.8%, according to Freddie Mac's Primary Mortgage Market Survey
by Patrick Kearns Oct 29
inventory crisis
Prices increased 1.5% from July to August according to Federal Housing Finance Agency data, the largest increase since 1991
by Patrick Kearns Oct 27
Share of mortgages in forbearance drops to lowest level since April
Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
by Lillian Dickerson Sep 29
Mortgages in forbearance drop again, but that trend could reverse
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of the pandemic, it's likely forbearance rates could increase in upcoming weeks
by Lillian Dickerson Sep 14
Mortgage rates sink to historic low
The average 30-year mortgage hit an all-time low of 2.86%, according to Freddie Mac
by Patrick Kearns Sep 10
Share of mortgage loans in forbearance stays flat after 10-week decline
After 10 consecutive weeks of mortgage loans in forbearance showing declines, the total number of loans in forbearance appears to have flattened out at 7.2%
QM rule
The fee will no longer apply to refinance loans with balances below $125,000 or to the government-sponsored enterprises' affordable refinance products
by Andrea V. Brambila Aug 27
Mortgage rates, still historically low, begin ticking upward
Low rates have helped fuel an extraordinarily active summer for real estate. Although they remain historically low, a gradual trend upward could be less than stellar news for consumers
by Jim Dalrymple II Aug 20
Share of mortgages in forbearance continues decline, falling to 7.4%
This week marks the eighth week in a row in which total loans in forbearance have declined. Currently, there are about 3.7 million homeowners enrolled in forbearance plans
by Lillian Dickerson Aug 11