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Locations include three in South Carolina and one each in North Carolina and California.

As of July 21, the 30-year, fixed-rate mortgage averaged 5.54% with an average 0.8 point.

Economic research team says there’s a 50% chance for a recession

So far, the enterprises combined have built $83.5 billion in reserves, or about 27% of the target.

Fannie Mae’s Economic and Strategic Research Group forecasts real GDP will increase 0.1% in 2022 and decrease 0.4% in 2023.