The Federal Housing Finance Agency (FHFA) announced updates to several appraisal policies related to Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCBQ: FMCC). The government-sponsored enterprises (GSEs) will expand eligibility for appraisal waivers and inspection-based...
Mortgage rates were on the rise once more in the new Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.54% as of Oct. 24, up from last week when it averaged 6.44%. A year ago at this time, it averaged...
Mortgage rates continued to rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.44% as of Oct. 17, up from last week when it averaged 6.32%. A year ago at this time, it averaged 7.63%....
Mortgage rates soared in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. A year ago at this time, it averaged 7.57%. The 15-year...
A coalition of 14 trade associations, financial institutions and government-sponsored enterprises have joined forces to create the Convergence Collaboration, a new endeavor designed to address the issues that contribute to racial disparities in homeownership. Over the...