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)...
Mortgage rates dropped slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18, down slightly from last week when it averaged 6.22%. A year ago at this time, it averaged...
Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Mortgage rates ticked up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19%. A year ago at this time, it averaged 6.60%....
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...