freddie mac
Joe Biden is once again taking a 'wrecking ball' to America's housing market
š« Joe Biden is wrecking the housing market by ditching šthings such as proper title insurance.
Here's how homebuyers could save $1,000 on closing costs with new US-sponsored plan
Going forward, homebuyers can opt to use an "Attorney Opinion Lź©µetter," in which a real estate confirms that there are no problems with a propertyās title, rather than pay title...
š Mortgage rates plunge to lowest level since September
š Mortgage buyer Freddie Mac reported that the average on the benchmark 30-year rate fšŖell to 6.15% from 6.33% last week.
Mortgagš e rates fall for fourth straight week ahead of Fedš meeting
The averšøage long-term rate sat at 7.08% in early November, but hasā since had the steepest 4-week decline since 2008.
Mortgage raź§teās jump to 5.89%, highest since 2008
Many potential home buyers are getting pushed out of the markeš¼t. š
š Mortgage rates climb to 5.66%, shoāwing no relief for housing market
š Average long-term US mortgage rates rose to 5.66% this week, showing no relief for a cramped housing market.
Mortgage rates dip as recession fears rattle į¦housing market: Freddie Mac
āPurchase demand continues to tumble," according to Freddie Mac chief economist Sam Khaš¦ter.
ź¦Æ Meme investors should heed š»āmanicā lesson of Fannie-Freddie collapse
The collapse of Fannie Maše and Freddie Mac should serve as a cautionary tale to illogical investors looking to hop onto meme stocks like AMC Entertainmenšt and Gamestop, Charles Gasparino...
Housing may again be behindš the 2008-ball
We seem to be living in an era of the unexpected disaster: A virus that suddenly shuts down the US economy and ends life as we know it. A banking... š“
Benchmark 30-year mortgage rate drops to recorā±d low 2.66% ā
US long-term mortgage rates dropped this week to a record low for the 16th time in 2020, reflecting an economy hard hit by the coronavirus pandemic. Mortgage giantš Freddie Mac...
Mortgaāge rate hits record low of 3.ā29 percent
The average rate on a 30-year fixed mortgage has hit a record low of 3.29 percent, dšriven down by investors shifting money into the safety of US Treasurys as the... ā
š¹ź¦ Trumpās key step toward avoiding another mortgage meltdown
President Trump is certainly right to demand š°major changes in the way the government helps Americans buy homes. But will his team go far enough? On Wednesday, Trump directed regulators...
Watch out: Trump may free Fannie Mae, āFreddie Mac to bring another mortgage mess
Word out of Washington is that the Trump administration finally is going to reform Fannšie Maeš and Freddie Mac. The bad news: Whatās being contemplated right now isnāt a reform...
Building a mortgage meltdown for āthe rental market
Is the private sector allowed toš do anything anymore? For nearly 80 years, Washington has subsidized homeownership ā creating massive distortions both in house prices and in what neighborhoods look...
ā Firm blasts hedge-ź¦fund plan to privatize Fannie and Freddie
The hedge-fund vision of American home ownšÆership has a new critic. BlackRock, the worldās largest money manager, came out on Friday against a hedge-fund-backed proposal for the Trešasury to quickly...
š¼ Court denies hedge fund investors in Fannie and Freddie case
A federal appeals court on Tuesday again slapped down hedge funšd investors in Fannie Mae and Freddie Mac ā all but denying one more opportunity for the wealthy investors to...
The American Dream is in Steven Mnuchin's hands
The future of the American Dream may be up to Steven Mnuchin. President-elect Donald Trumpās pick for Treasury secretary, who will have an enormous influence on how much mš¼ortgage holders...
Trump's treasury pick gives hedgies 12 billion reasons to smile
ź§ Hedgies invested in Fannie Mae and Freddie Mac unwrapped an early $12 billion Christmas present from President-elect Donald Trump on Wednesday. Thatās how much value was added to the mortgage...š¤”
Obama išŗs setting us up for another housing crash
We learned nothing frź¦«om the last financial crisšis. The housing market is set to collapse, again, and a key culprit, again, is artificial demand created by government policies. For starters,...
Congress putšs kibosh on Fannie share sales
Sen. Bob Corker won a victory in his battle over the future of mortgage giants Fannie Mae āand Freddie Mac in the $1.15 billion omnibus spending bill passed by Congress...