News

More Fannie Mae departures as turmoil continues
The upheaval at Fannie and Freddie comes amid housing regulator Bill Pulte’s quest to root out fraud in the mortgage market.
Mortgage rates jump as tariffs hit markets; biggest spike in nearly a year
The average rate on the 30-year fixed mortgage rose this week to 6.83%, according to the latest Freddie Mac data released on ...
30-Year Mortgage Rates Holding Onto 3-Day Decline
Rates on new 30-year mortgages fell for the first three days this week, then remained essentially flat Thursday. Rates ...
Trump Administration Launches Mortgage Fraud Tip Line To 'Root Out' Home Loan 'Cheats'
The Trump administration's top mortgage regulator has vowed to "root out frauds and cheats" in the mortgage market after ...
Mortgage rates climb to highest level in two months as Trump’s tariffs continue to rock markets
Springtime home shoppers may be feeling the impact of an intensifying trade war. The average rate on a standard, 30-year ...
Average US rate on a 30-year mortgage climbs to 6.83%, highest level since late February
The average rate on a 30-year mortgage in the U.S. climbed to its highest level in eight weeks, a setback for home shoppers ...
Mortgage Rate Relief Continues—With a Third Day of Drops
Rates on 30-year new purchase mortgages fell another 2 basis points Wednesday, for a three-day drop of 20 points that takes ...
Freddie Mac sells $5.3M in non-performing loans
Freddie Mac (FMCC) sold via auction 28 deeply delinquent non-performing residential first lien loans from its mortgage-related investments ...
The Associated Press - Business News on MSN10d
Average US rate on a 30-year mortgage falls to 6.62%, easing for the third week in a row
The rate fell to 6.62% from 6.64% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.88%.
USA Today9d
Mortgage rates are little changed as financial markets swing wildly
In the week ending April 10, 30-year fixed-rate mortgages averaged 6.62%, Freddie Mac announced Thursday. That’s down from 6.64% last week and 6.65% the week before. Those figures don’t ...
Freddie Mac Sells $5.3 Million in Non-Performing Loans
Freddie Mac (OTCQB: FMCC) today announced it sold via auction 28 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio to VRMTG ACQ, LLC.