Tagged: Freddie Mac

Over the last two weeks, the 30-year fixed-rate mortgage dropped by half a percent, as concerns about a potential recession continue to loom.

Freddie Mac's weekly report found that the 30-year fixed-rate mortgage averaged 5.7%, down from last week's 5.8%.

Coding issues affected about 12% of potential borrowers.

Largest One-Week Increase in Mortgage Rates Since 1987

It's the first jump in rates in three weeks.

Publishes separate 3-year equitable housing plans for Fannie Mae & Freddie Mac focusing on inclusion.

The report for 2021 highlights progress in supporting greater access to financing for targeted economic development and affordable, sustainable, and equitable housing.

Housing market is normalizing as summer approaches.