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Mortgage Rates Cling To 7% Threshold, Dampening Homebuying Spirit

Freddie Mac reveals continued high rates amid cooling housing demand; construction sector hit hardest as potential homebuyers await fall for relief.

Sep 21, 2023
End of Federal Student Loan Forbearance Stresses Borrowers Amid Rising Financial Uncertainties

Achieve's survey reveals nearly half of borrowers apprehensive about future debt as economic challenges mount and new mortgage guidelines come into play.

Sep 15, 2023
Mortgage Rates Inch Upward To 7.18%

Homebuyers advised to shop around.

Sep 15, 2023
Mortgage Default Risk Shows Divergent Trends for Major GSEs in Q2 2023

Fannie Mae and Freddie Mac exhibit contrasting risk trajectories, while purchase loans dominate in a high-interest rate environment.

Sep 13, 2023
Freddie Mac Announces CEO Retirement

Michael J. DeVito will step down after a 30-year career.

Sep 08, 2023
Mortgage Rates Stay Elevated: 30-Year Fixed Holds Above 7% for Fourth Week

Despite a slight dip, rising rates coupled with economic pressures continue to challenge prospective homebuyers.

Sep 07, 2023