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Clifford Rossi said the GSEs compete on product, service and price, but they’ve become nearly indistinguishable in the first ...
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 14, down from 6.58% last week.
Rates on new 30-year loans have fallen every day this week, pushing the average to a five-month low. Other major loan types ...
Pacific Investment Management Co. warned that the Trump administration's proposal to sell new shares of Fannie Mae (FNMA) and ...
For buyers put off by high borrowing costs and high home prices, there was a brief window of opportunity when mortgage rates dropped to their lowest level of the year. According to Freddie Mac’s ...
Mortgage rates fell to their lowest level since October, with the 30-year fixed-rate mortgage averaging 6.58% and the 15-year ...
As investors have bought bonds expecting a Fed rate cut, that's helped mortgage borrowers. But even if the Fed does cut, home loans may not benefit.
Elevated rates and home prices have kept homeownership out of reach for many.
Mortgage rates hit their lowest level of the year, giving some buyers hope, but affordability challenges remain across the U.S. housing market.
The long-term rate fell to 6.58% from 6.63% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate ...