As the mortgage giant turns 50, the company celebrated its anniversary with a new state-by-state breakdown of the mortgages it has provided. Source: Inman News
Posts published in “freddie mac”
The average 30-year mortgage was reported at 2.98 percent, down from 3.03 percent. It’s the first time the rate has fallen below 3 percent in…
The total number of mortgages in forbearance declined for the fourth consecutive week, from 8.39 percent to 8.18 percent during the week ending July 5. …
The United States Supreme Court, which begins its next session in October, will determine if the structure of the Federal Housing Finance Agency is constitutional. …
Boston saw the highest frequency of bidding wars, with 72.4 percent of offers facing competition, according to a Redfin survey released Friday. Source: Inman News
The total number of mortgage loans in forbearance dropped to 8.39 percent of servicers’ portfolio volume from 8.47 percent the week prior. Source: Inman News
The average 30-year mortgage hit a new all-time low of 3.07 percent this week, according to data from Freddie Mac released Thursday. Source: Inman News
A new report from the Mortgage Bankers Association shows that about 4.2 million homeowners were in forbearance programs as of June 21. Source: Inman News
The settlement applies to borrowers who were enrolled in interest-only loan modifications, as well as customers dealing with the economic fallout of COVID-19. Source: Inman…
The Consumer Financial Protection Bureau proposed on Monday a shift from DTI ratios to a price-based approach to improve qualified mortgage access. Source: Inman News