Average mortgage rate reaches 7% for first time since May
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The ...
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on ...
Mortgage rates climb above 7% to highest level since May
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May
The elevated mortgage rates, which can add hundreds of dollars a month in costs for borrowers, have discouraged home shoppers ...
GlobeSt.com20h
Freddie Mac Multifamily Volume Soars 34% in 2024
It also surpassed its affordable housing goals with record 2024 volume.
Mortgage Rates Top 7% for First Time Since Mid-2024
Higher rates are dimming hopes for a recovery in the sluggish housing market.
2024 Freddie Mac Multifamily Volume Reaches $66 Billion, Up 34% Year Over Year
Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing GoalsMCLEAN, Va., Jan.
Freddie Mac and ICE Collaboration Offers Lenders Greater Efficiencies When Originating Loans
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 ...
Mortgages Rates See Large Two-Day Drop
After recently shooting up to the most expensive level since May, 30-year mortgage rates have fallen considerably the last two days. Most other loan types also saw declines.
Average rate on 30-year mortgage hits 7% after 5th straight increase, now highest level since May
The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...
Keefe agrees with Ackman on Fannie, Freddie minimum capital level
Keefe Bruyette says Bill Ackman, CEO of Pershing Square, this morning a presentation on detailing his investment thesis for Fannie Mae (FNMA) ...