Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Bill Pulte, the nominee for director of the Federal Housing Finance Committee,
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K169 mortgage pass-through certificates and thr
In the Northeast, existing-home sales dropped 5.7% from December to 500,000 annualized, up 4.2% from January 2024. The median price in the Northeast was $475,400, up 9.5% from one year earlier. The post Home Sales Drop 4.9% in January in Disappointing Start to the New Year appeared first on Real Estate News & Insights | realtor.com®.
The median price for a single-family home increased more than 5 percent in January to $465,000, compared to a year ago.
The U.S. government may soon return Fannie Mae and Freddie Mac to private markets less than two decades after turmoil nearly toppled the mortgage industry.
U.S. mortgage rates have dropped for another consecutive week. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.85% for the week ending Feb. 20 — down from 6.87% the previous week. A year ago, mortgage rates averaged 6.90%.
Two mortgage giants essential to the U.S. housing market could be released from the government into the private sector. What that means for you.
Housing observers see an opportunity to fundamentally remake a system to close the gap on serving historically marginalized communities.
Macroeconomic factors kept the mortgage market relatively low for much of 2021. In particular, the Federal Reserve had been buying billions of dollars of bonds in response to the pandemic's economic pressures. This bond-buying policy is a major influencer of mortgage rates.
But the company took a credit loss provision in the fourth quarter, deciding to add to its reserves because of new mortgage acquisitions to its portfolio.
Many experts say privatizing Freddie Mac and Fannie Mae could significantly alter the mortgage market. Fannie Mae and Freddie Mac help keep the mortgage market stable by buying home loans, selling mortgage-backed securities and establishing lending guidelines.
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