FHFA Seeks Input On Update To GSEs’ Single-Family Pricing Framework
FHFA also seeking input on the process for setting the GSEs’ single-family upfront guarantee fees.
FHFA also seeking input on the process for setting the GSEs’ single-family upfront guarantee fees.
Seeks additional analysis for some portions of proposed changes.
Both 30- and 15-year fixed rates decreased this week.
Program is designed to assist first-time homebuyers.
After 2 weeks of increases, 30-year rate dipped to 6.39%.
Net income rose 13.2% from Q4, but was down 47% from a year earlier.
GOP proposes 2 bills in Congress to repeal; Urban Institute says changes don't penalize rich to help poor.
Average for 15-year fixed rate fell last week.
Thompson denies pricing changes at Fannie, Freddie make wealthier borrowers subsidize poorer ones.
Freddie Mac's PMMS shows both the 30-year and 15-year fixed rates rose this week.