“Mortgage rates continue to trend down entering the traditional spring homebuying season,” said Sam Khater, Freddie Mac’s chief economist. The post Freddie Mac Reports Mortgage Rate Drop appeared first on Weekly Real Estate News.
Experian announced on Wednesday that lenders can now access its product, Experian Verify, through Freddie Mac’s Loan Product Advisor asset and income modeler (AIM). The goal, according to the company, is to provide mortgage lenders and borrowers […]
A week after canceling its quarterly earnings results without explanation, Freddie Mac on Wednesday disclosed a net profit of $1.76 billion in the fourth quarter. That figure was a sequential gain on the $1.3 billion […]
The post Mortgage rates drop to the lowest level since September: Freddie Mac appeared first on Weekly Real Estate News.
The dramatic rise in underproduction is a key factor, according to a report from Up for Growth. “I am here because I believe housing should always be an opportunity and never an obstacle,” said Mike […]
After weeks of steady gains, mortgage rates have fallen rapidly in the past week, meaning homes are suddenly much more affordable. The 30-year fixed-rate mortgage averaged 5.3% in the week ending July 7, according to the latest […]
Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the […]
Housing is as hot a topic as ever. The airwaves are filled with stories of bidding wars for single-family homes, skyrocketing rents, supply chain bottlenecks, and rising interest rates and inflation. But have you ever […]
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