Home prices have risen 32 consecutive quarters: FHFA

U.S. home prices climbed 5 percent year-over-year in the second quarter of 2019, according to data released Tuesday by the Federal Housing Finance Agency. Continue reading

Growing cities losing affordable housing at alarming rate: Study

Released Wednesday, a new study from Freddie Mac finds a striking correlation between population growth and affordable housing. Continue reading

New Freddie Mac mortgage plan bundles purchases and repairs

The CHOICERenovation program offers homebuyers a single loan, with just one set of closing costs, that they can use to buy a house and then fix it up. Continue reading

Big changes are coming to Fannie and Freddie … beware

Last weekend the Federal Housing Finance Agency announced the first in a likely series of changes at Fannie Mae and Freddie Mac. Continue reading

A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

Though relatively obscure among most consumers, the project to create the UMBS has been in the works since at least 2012. Officials have already been prepping investors for the launch of the combined TBA market for months, and during Monday’s phone cal… Continue reading

Fannie and Freddie critic Mark Calabria confirmed as Housing Finance director

The U.S. Senate on Thursday confirmed Mark Calabria to head the Federal Housing Finance Agency (FHFA), the agency tasked with overseeing the government-sponsored entities Fannie Mae and Freddie Mac. Continue reading

Agents see growing demand as mortgage rates plummet

Like an avalanche growing larger as it tumbles down a mountain, agents are seeing swelling demand from buyers as mortgage interest rates plummet. Continue reading

Mortgage rates see biggest plunge in over a decade

Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading

Fannie Mae appoints Hugh Frater as permanent CEO

Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Continue reading