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Mortgage Rates Hold Steady After Climbing for 6 Weeks

Mortgage Rates Hold Steady After Climbing for 6 Weeks

by Phil Hall | Nov 14, 2024 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.78% as of Nov. 14, down from last week when it averaged 6.79%. A year ago at this time, it averaged 7.44%. The...

Two New Partnerships Designed to Expand Homeownership Among Tribal Communities

by Phil Hall | Nov 7, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) today announced two partnerships involving Fannie Mae (OTCQB: FNMA), Freddie Mac (OTCQB: FMCC), and the Federal Home Loan Banks (FHLBanks) to expand awareness and liquidity for homeownership across tribal communities....
Mortgage Rates Up for Sixth Straight Week

Mortgage Rates Up for Sixth Straight Week

by Phil Hall | Nov 7, 2024 | Mortgage Information, Real Estate News, WRE News Exclusive

Mortgage rates were up for the sixth consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.79% as of Nov. 7, up from last week when it averaged 6.72%. A year ago at this...
Mortgage Rates Up for Fifth Straight Week

Mortgage Rates Up for Fifth Straight Week

by Phil Hall | Oct 31, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates continued their upward climb in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.72% as of Oct. 31, up from last week when it averaged 6.54%. A year ago at this time, it...
Appraisal Industry Warns Against GSE Waiver Updates from FHFA

Appraisal Industry Warns Against GSE Waiver Updates from FHFA

by Phil Hall | Oct 30, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Appraisal Institute has criticized the Federal Housing Finance Agency’s (FHFA) updates to several appraisal policies for the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). In a press statement, Appraisal Institute...
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