Fannie and Freddie will eliminate mortgage refinancing fee starting Aug. 1

Homeowners looking to refinance their mortgages could have an easier time getting a lower rate, with Fannie Mae and Freddie Mac’s federal regulator eliminating a 50-basis point refinancing fee that was intended to help the mortgage giants cover at leas… Continue reading

New leadership expected at Fannie and Freddie’s federal regulator

Fannie Mae and Freddie Mac’s federal regulator will soon have a new director, after a Supreme Court ruling that expands the president’s power to remove the head of the Federal Federal Housing Finance Agency without cause. Continue reading

US home prices soared in Q1 thanks to housing shortage, mortgage rates

Boise, Idaho, experienced the steepest price hikes in the country at 28.2 percent, according to the Federal Housing Finance Agency House Price Index released Tuesday. Continue reading

Homes have literally never been more expensive

The median listing price for U.S. homes hit $370,000 in March, according to a new report. That’s higher than it has ever been in the past. Continue reading

Fannie Mae, Freddie Mac ease appraisal standards amid coronavirus

The federal loan servicers announced an adjustment of long-held appraisal and employment verification standards in order to help facilitate mortgages amidst the COVID-19 outbreak. Continue reading