You Searched For "Freddie Mac" and got 20 results
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2 mins read
The US housing market is seeing its worst contraction since 2006 as mortgage applications crumble, says Freddie Mac economist
Higher interest rates are having a knock-on effect on American homeownership as rising mortgage rat…
Zahra Tayeb
2 mins read
US mortgage rates fall below 3% for first time since February as housing market cools
The decline is good news for homebuyers. Supply shortages lifted sales prices to record highs in Ma…
Ben Winck
2 mins read
US mortgage rates hit a 9-month high - and they've been climbing since January as inflation fears rise
As expectations for stronger inflation have lifted Treasury yields, the mortgage market has been im…
Ben Winck
1 min read
Soaring mortgage rates take their toll on the US housing market as sales slump to a 13-year low
The latest data is a sign the US remains in a seller's market, according to the National Associatio…
George Glover
1 min read
Housing market demand continues to tumble even as mortgage rates dip, says Freddie Mac
"We are seeing a period of deflated sales activity until the market normalizes," Freddie Mac's chie…
Brian Evans
2 mins read
Brace for 8% mortgage rates to drag the US housing market into a 1980s-style recession, Wells Fargo warns
Strategists compared the current slowdown in activity to the 1980s, when the Fed's aggressive inter…
George Glover
2 mins read
Housing has never been this unaffordable - and home prices are only going to keep rising, Goldman Sachs says
Homes are even less affordable now than they were before the 2008 crash. Low supply will drive pric…
George Glover
3 mins read
The government's response to making homeownership more attainable is buying $1 million mortgages
Fannie Mae and Freddie Mac are required by law to pay $1 million per home in some areas. Like every…
Ben Winck
2 mins read
Mortgage rates post their biggest weekly fall since 2008, providing minor relief to buyers, Freddie Mac says
The average rate on the 30-year fixed loan fell to 5.3%, down from 5.7% last week, Freddie Mac repo…
Zahra Tayeb
1 min read
The housing market is at 'rock bottom,' says Redfin's CEO, as high rates and prices take their toll
Sales volumes "couldn't be worse," Glenn Kelman told MarketWatch, meaning the only people moving "a…
Joseph Wilkins
2 mins read
Middle class Americans are moving straight into fire and drought because they can't afford to live in the cities that are safer from climate change
Rather than leaving areas at high risk of natural disasters and other climate issues, more American…
Eliza Relman
1 min read
Over 80% of Americans think it's a bad time to buy a house
Four out of five people say it's a "bad time to buy" a new home, according to Fannie Mae, as mortga…
George Glover
1 min read
Mortgage payments are 19% more expensive than last year as home prices continue surging, Redfin says
The monthly mortgage payment for a typical US home was $2,605 during the month of July, Redfin data…
Jennifer Sor
2 mins read
US government entities Fannie Mae and Freddie Mac were just cleared to purchase mortgages of over $1 million for the first time because home prices are still so high
With US home prices climbing by more than 12% in the year through September, so too can the size o…
Kelsey Neubauer
1 min read
Mortgage giants Fannie Mae and Freddie Mac plunge 45% after Supreme Court ruling gives Biden power to remove director
Following the ruling, The New York Times reported that President Joe Biden plans to replace FHFA di…
Matthew Fox
2 mins read
The US is facing a shortage of nearly 4 million homes as builders struggle to meet exploding demand
The supply crunch increased 52% from 2018 through 2020, according to data from Freddie Mac, which s…
Grace Kay
8 mins read
It's official: Gen Z is the Hustle Generation
Contrary to what grouchy Boomers think, Gen Z is actually juggling more jobs and side hustles than …
Eve Upton-Clark
3 mins read
A Maine senator lays out why everyone should be a YIMBY: Building more housing could bring families extra income and help solve the labor shortage
"This is a national crisis that's really impinging the rebuilding of the economy," King told Inside…
Eliza Relman
2 mins read
US mortgage rates tumble to 15th record low of the year as housing market rallies
Homebuilder sentiments remain optimistic and "purchase demand shows no real signs of waning," Fredd…
Ben Winck
1 min read
Mortgage rates hit 12th record low of 2020, further fueling a booming US housing market
The average rate for a 30-year fixed mortgage fell to 2.78%, the lowest in Freddie Mac data going b…