Freddie Mac

Average 30-Year Mortgage Rises Past 5%

(Source: USA TODAY / by Julie Schmit) – Mortgage rates rose this week to their highest level in 10 months, but the increase isn’t expected to derail strengthening in the battered U.S. housing market.


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Home Mortgage Rates Rise Above 5%

(Source: San Jose Mercury News/by Pete Carey)- A strengthening economy has pushed mortgage rates higher than 5 percent for the first time since May, and experts said they’ll likely stay in that range for the rest of this year.


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Average rate on 30-year mortgage hits 5.05 pct.

(Source: Associated Press/AP Online By JANNA HERRON) NEW YORK – The average rate on the 30-year mortgage topped 5 percent this week for the first time since April. Higher rates could further hamper the struggling housing market ahead of the [...]


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Five Beloved Myths of the Mortgage Market

(Source: NY Times) – America’s mortgage market almost sank the world economy. But rather than rushing to fix it, the government has blown two deadlines for proposals. The ideas are finally due as early as this week from the Treasury, [...]


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Fees for home loans increase

(Source: USA TODAY) By Julie Schmit – The cost of getting a mortgage is rising as higher fees hit more borrowers, including those with stellar credit. For the first time since 2009, Fannie Mae and Freddie Mac are raising risk [...]


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Fannie, Freddie, rejected $21B in loans

Image by Getty Images via @daylife (Source: United Press International) – Mortgage brokers in Washington forced U.S. banks to repurchase $20.9 billion in substandard loans during the financial crisis, a government report said. From 2007 through August 2010, the Federal [...]


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Rate on 30-year fixed mortgage rises to 4.80 pct.

(Source: Associated Press/AP Online By ALEX VEIGA) LOS ANGELES – The average rate on a 30-year fixed mortgage rose for the second week in a row, buoyed by higher bond yields. Freddie Mac said Thursday that the average rate rose [...]


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Latest push for mortgage reform applauded

(Source: By Adam Van Brimmer, Savannah Morning News, Ga.) – The prolonged mortgage crisis that has confronted the U.S. housing industry since 2008 has regulators poised to crack down on loan servicers with a proposed list of new requirements. Federal [...]


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Rate on 30-year fixed mortgage rises to 4.74 pct.

(Source: Associated Press/AP Online By JANNA HERRON) – NEW YORK – The average rate on a 30-year fixed mortgage rose slightly this week, following increases in Treasury yields. The average rate rose to 4.74 percent this week from 4.71 percent [...]


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Rate on 30-year fixed mortgage dips to 4.71 pct.

(Source: Associated Press/AP Online By JANNA HERRON) NEW YORK – Rates on fixed mortgages dipped for the second straight week as Treasury yields fell. Freddie Mac said Thursday the average rate on the 30-year mortgage dropped to 4.71 percent this [...]


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BRIEF: Mortgage rates hit seven-month high but annual average at historic low

(Source: Boston Herald)- The 30-year fixed rate mortgage has reached its highest level in seven months, according to Freddie Mac. Interest rates on the most popular mortgage averaged 4.86 percent for the week ending Dec. 30, up from 4.81 percent [...]


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