Freddie Mac (OTCQB: FMCC) announced potential homebuyers earning 50% of area median income or less will be eligible for a $2,500 credit that may help with down payment and other costs at closing under a new initiative that begins on March 1. The funds can also be used...
The 30-year fixed-rate mortgage averaged 6.63% as of Feb. 1, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down last week when it averaged 6.69%, and it is up from the 6.09% average of one year ago at this time. The...
Greystone, a New York City-based commercial real estate finance company, has hired Leena Amin as a senior managing director for structured finance. In her new job, Amin will focus on expanding the firm’s bank and alternative capital relationships as well as developing...
The 30-year fixed rate mortgage averaged 6.69% as of Jan. 25, up from last week when it averaged 6.60%, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. A year ago at this time, it averaged 6.13%. The 15-year fixed-rate mortgage averaged...
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 6.60% as of Jan. 18, down from last week when it averaged 6.66%. A year ago at this time, it averaged...