Fannie and Freddie play crucial roles in the housing market—setting lending standards for home loans and owning or ...
In the aftermath of the housing market bubble, the federal government placed Fannie Mae and Freddie Mac under a financial ...
After recently shooting up to the most expensive level since May, rates on 30-year loans have fallen considerably the last three days. Most other loan types also saw declines.
Ending the 17-year-old federal conservatorship of Fannie Mae and Freddie Mac could help offset the cost of renewing President ...
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
“Mortgage rates ticked up for the fifth consecutive week and crossed 7% for the first time since May of 2024,” says Sam ...
Freddie Mac chief economist Sam Khater in a statement ... Inflation remains stubbornly high and the Federal Reserve already looks poised to cut interest rates fewer times than initially expected ...
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...