In slight ‘see-saw’ over time, rate inches down after five weeks of increases
Tagged: Freddie Mac
Net income up 11% for quarter, 13% for 2024 for the GSE
Four weeks of sliding has returned the 30-year FRM to 6.87%
Stable rates a glimmer of hope, despite market challenges
Median purchase application payments rose 3.5% from the end of 2023 — the last 'worst year in decades' for home sales
After new administration’s ingress, 30-year FRM average dips under 7% again
Changes could exacerbate two-tiered market, one that “benefits from tax reform and deregulation, and another that struggles with affordability challenges.”
Thompson’s departure clears the way for Trump appointee to take over
Craig Phillips to focus on regulatory affairs and initiatives, as well as industry engagement and communications
High rates coupled with high home prices continue to affect affordability