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Freddie Mac Reports Drop In 30-Year Fixed-Rate Mortgage to 7.5%

High household debt and rising costs of living keep housing market stagnant despite rate decline.

Nov 09, 2023
Mortgage Rates Stabilize Amid 23-Year Highs

Federal Reserve holds steady, but housing market challenges persist with scarce inventory and rising listing prices.

Nov 03, 2023
Mortgage Rates Near 8%

Freddie Mac reports consecutive rise in rates for the seventh week, pushing potential buyers to reconsider as affordability becomes a significant barrier.

Oct 27, 2023
Fannie Mae, Freddie Mac Shareholders Win Prejudgment Interest On $299M Verdict

Federal court upholds shareholders' right to interest after government's wrongful claim on profits; simple interest rate set, drawing from Delaware law precedent.

Mortgage Rates On The Rise: 30-Year FRM Nears 8%

Freddie Mac's survey highlights concerns for homebuyers and builders; introduces tool to aid with down payments amidst soaring rates

Oct 19, 2023
Freddie Mac Mulls Alternatives to Repurchase Demands

Amid rising criticisms, Freddie Mac and FHFA explore ways to handle defective loans while emphasizing collaboration and consistency in the sector.

Oct 17, 2023