Rocket Mortgage and United Wholesale Mortgage — the nation’s top two lenders — and at least five others are raising conforming loan limit to $625,000…
Posts published in “freddie mac”
Mortgage rates barely changed a week after rising bond yields and Federal Reserve statements led to rate hikes across the board. Source: Inman News
Lenders are betting that home prices continued to skyrocket during the third quarter and that they’ll be able to sell the bigger loans to Fannie…
Mortgage rates are headed up as investors who fund home loans digest the prospects for long-term inflation and the Fed’s tapering plans. Source: Inman News
In addition to worries about the potential impact of Fed tapering, there’s also uncertainty about the approaching U.S. debt ceiling and the future leadership of…
Extreme weather could strain flood insurance to breaking point, undermine home prices and drive mortgage defaults, according to the Mortgage Bankers Association. Source: Inman News
Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Source: Inman News
Mortgage giant Freddie Mac’s analysis of 12 million appraisals comes as federal task force prepares action report to address appraisal bias. Source: Inman News
Rates for 30-year mortgages have remained virtually unchanged for two months even as lenders reported recent movement on other loan types. Source: Inman News
It’s been an abrupt about-face for Fannie and Freddie, which under the Trump administration were on a path to privatization. Democrats have put the brakes…