Fannie Mae Underpins the Mortgage Market. Should the Government Sell It?
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...
Mortgage rates went down again. Here’s how that affects what you owe.
The average rate for a 15-year mortgage, popular with homeowners looking to refinance to a lower rate, also decreased.
Average US rate on a 30-year mortgage falls to 6.89%, third straight weekly decline
The average rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.9%, ...
Current 15-Year Mortgage Rates
According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...
Why mortgage rates face ‘significant volatility’
Mortgage rates have been stable over the last month and incoming data suggest the economy remains on firm footing. Even ...
Trump, and home buyers, could get their wish for lower mortgage rates — if markets cooperate
The president’s focus on the 10-year Treasury note is part of Trump’s efforts to bring down mortgage rates, a campaign ...
30-Year Mortgage Rates Sink to New 7-Week Low
Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.
Mortgage rates drop slightly but remain near 7%
Mortgage application activity has been mixed as rates remain close to 7%. Refinancing applications rose 12% through Friday ...
Financial Advisor3h
After L.A. Fires Destroyed Mansions, Banks Reckon With Jumbo Loans
In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace, making the loans a potential pain point for the banks left holding them.