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CEO calls results 'solid,' says GSE has built enough equity to withstand 'potential economic stress.'
Dennis Hermonstyne Jr. Joins GSE From Similar Role At Santander Bank
As of July 21, the 30-year, fixed-rate mortgage averaged 5.54% with an average 0.8 point.
June decreased to 0.81% from May's 0.85%.
10 Republican members send letter to FHFA Director Sandra Thompson expressing concern about GSEs going beyond their approved roles.
30-year fixed mortgage moves up to 5.51%