30-year mortgage rates hit lowest point in 50-year history

The average 30-year mortgage hit an all-time low of 3.29 percent this week, according to data from Freddie Mac. Continue reading

Inman News quiz: Think you’re on top of the week’s biggest stories?

The real estate industry threw some curveballs. Take Inman’s real estate news quiz to demonstrate how strong your talking points and cocktail banter are this week.
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Michael Bloomberg pitches plan to combine Freddie Mac, Fannie Mae

The presidential hopeful wants to make Freddie Mac and Fannie Mae a “single, fully government-owned mortgage guarantor” that benefits taxpayers, community banks. Continue reading

7 facts about FHA loans you should know

Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading

Fannie Mae posts $14.2B in profit in 2019 as it eyes exit from conservatorship

The FHFA is taking steps to free Fannie Mae from government conservatorship as the company posts big profits. Continue reading

Fannie Mae, Freddie Mac subpoenaed in commission lawsuit

Plaintiffs in an antitrust lawsuit that could shake up the real estate industry have subpoenaed mortgage giants Fannie Mae and Freddie Mac, sharpening scrutiny of real estate commissions nationwide. The subpoenas were issued by the smaller of two bombs… Continue reading

How the mortgage market has evolved over the past decade

If you’re newer to real estate or want a snapshot of how we got to this point in the mortgage industry, here’s a quick look. Continue reading

Applying for a mortgage? How you repay your student loan is crucial

Student loan borrowers who use an income-driven repayment plan could be at disadvantage for taking on a mortgage, a study by the Urban Institute shows. Continue reading

Mortgage rates plummeting amid Coronavirus outbreak fears

Matthew Speakman, an economist with Zillow, said a worsening of the virus outbreak could drive mortgage rates even lower. Continue reading