Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29, down from last week when it averaged 6.46%. A year ago at this time, it averaged...
Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) updated their protections for tenants in multifamily properties with mortgages backed by the government-sponsored enterprises (GSEs). Beginning Feb. 28, 2025, all new GSE-backed loans will require multifamily...
The Federal Housing Finance Agency (FHFA) issued a proposed rule to establish the 2025-2027 housing goals for the government-sponsored enterprises (GSEs) Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC). The FHFA said the goals would ensure the GSEs’...
Mortgage rates were down slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.46% as of Aug. 22, down from last week when it averaged 6.49%. A year ago at this time, it averaged 7.23%....
The Federal Housing Finance Agency (FHFA) announced the government-sponsored enterprises Fannie Mae (OTCMKTS: FNMA) and Freddie Mac (OTCMKTS: FMCC) are updating their Private Mortgage Insurer Eligibility Requirements (PMIERs). The GSEs first issued their PMIERs in...