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Freddie Mac reveals continued high rates amid cooling housing demand; construction sector hit hardest as potential homebuyers await fall for relief.
Achieve's survey reveals nearly half of borrowers apprehensive about future debt as economic challenges mount and new mortgage guidelines come into play.
Homebuyers advised to shop around.
Fannie Mae and Freddie Mac exhibit contrasting risk trajectories, while purchase loans dominate in a high-interest rate environment.
Michael J. DeVito will step down after a 30-year career.
Despite a slight dip, rising rates coupled with economic pressures continue to challenge prospective homebuyers.