The 30-year fixed-rate mortgage averaged 6.56% as of Aug. 28, according to the latest Primary Mortgage Markey Survey published by Freddie Mac (OTCQB: FMCC). The latest reading is down from last week when it averaged 6.58%. A year ago at this time, it averaged 6.35%....
A Phil Hall Op-Ed: The official duties of the director of the Federal Housing Finance Agency (FHFA) involves the regulation of Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. It is not a law enforcement job, nor does this position involve choosing who...
Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21, unchanged from last week. A year ago at this time, it averaged 6.46%. The 15-year fixed-rate...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
Will the Trump administration’s plans to sell shares in Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) result in a spike in mortgage rates, or will it drive rates down? The answer, it seems, depends which expert you ask. The Trump administration is reportedly...
Mainstay Raises $18 Million and Buys Truelist in Push Into Real Estate Brok…
