Freddie Mac CEO David Brickman’s resignation will take effect on Jan. 8 as the enterprise continues its battle to exit a decade-long conservatorship. Source:…
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With 30-year, fixed-rate mortgages dropping to 2.78 percent, it’s the 12th time this year that rates have hit a new low, according to data released…
The average rate for a 30-year, fixed-rate mortgage was 2.81 percent, a shave higher than last week’s historic low of 2.8 percent, according to Freddie…
Prices increased 1.5 percent from July to August according to Federal Housing Finance Agency data, the largest increase since 1991. Source: Inman News
Mortgages in forbearance decreased from 6.93 percent to 6.87 percent during the week ending Sept. 20, according to the Mortgage Bankers Association. Source: Inman News
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of…
The average 30-year mortgage hit an all-time low of 2.86 percent this week, according to data released Thursday by Freddie Mac. Source: Inman News
After 10-straight weeks of mortgage loans in forbearance declines, the total number of loans in forbearance appears to have flattened out at 7.2 percent. Source:…
The fee will no longer apply to refinance loans with balances below $125,000 or to the GSEs’ affordable refinance products. Source: Inman News