Average mortgage rate slips below 7%, falling for first time in 5 weeks
The average rate on a 30-year mortgage in the U.S. eased this week to just below 7%, its first decline after climbing five weeks in a row. The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.69%.
3hon MSN
Sales of previously occupied U.S. homes fell in 2024 to a nearly 30-year low for the second year in a row as elevated ...
President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is ...
7don MSN
Fannie and Freddie play crucial roles in the housing market—setting lending standards for home loans and owning or ...
In the aftermath of the housing market bubble, the federal government placed Fannie Mae and Freddie Mac under a financial ...
U.S. existing-home sales fell in 2024 to the lowest level since 1995, the second straight year of anemic sales due to ...
Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing GoalsMCLEAN, Va., Jan.
It also surpassed its affordable housing goals with record 2024 volume.
New enhancements give lenders heightened integrated access to the latest offerings in Loan Product Advisor ® (LPA ® ), Freddie Mac’s automating underwriting system, from within Encompass ®, ICE’s ...
Freddie Mac’s 2024 multifamily volume was up 34% over 2023, the government-sponsored enterprise (GSE) reported. Its ...
Financial writer discusses potential privatization and restructuring of Fannie Mae and Freddie Mac under Trump administration ...
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