Freddie Mac (OTCQB: FMCC) reported new mortgage rate declines in the Christmas Eve edition of its Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. A year ago at this time, it...
Ahead of the Christmas holiday break, fewer prospective homebuyers were filling out mortgage applications, according to from the Mortgage Bankers Association (MBA) for the week ending Dec. 19. The Market Composite Index, the MBA’s measure of mortgage loan application...
The Federal Housing Finance Agency (FHFA) released its Enterprise Housing Goals Final Rule for 2026-2028, with lower single‑family low-income benchmarks and unchanged multifamily targets. Under the new Final Rule, Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC)...
The number of past-due mortgages rose by 275,000 from October to 2.3 million in November, raising the national delinquency rate to 3.85% — the highest level in over four years. According to a new data report from ICE Mortgage Technology, a division of Intercontinental...
reAlpha Tech Corp. (NASDAQ: AIRE), a Dublin, Ohio-based AI-powered real estate technology company, announced its acquisition of InstaMortgage Inc., an independent mortgage lender. Founded in 2008 and headquartered in San Jose, InstaMortgage is an originations-focused...
The national median payment applied for by purchase applicants decreased to $2,034 in November from $2,039 in October, according to data from the Mortgage Bankers Association (MBA). November’s national median mortgage payment for conventional loan applicants was...
