Tag Archives: freddie mac

New restrictions on Fannie, Freddie refis blamed for tighter mortgage credit

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Mortgage lenders tightened underwriting standards in June, undoing much of the easing seen over the last six months as initial fears about the long-term impacts of the pandemic began to wane. Continue reading →

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

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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 →

‘Summer swoon’: Mortgage rates dip further in mid-July throughout US

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The average interest rate on a 30-year, fixed rate mortgage dipped further this week, according to data from Freddie Mac. Continue reading →

Asian American homeownership is still lagging: Report

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Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Continue reading →

Mortgage rates tick back above 3% as economic recovery continues

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Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading →

New leadership expected at Fannie and Freddie’s federal regulator

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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 →