Items Tagged with 'Freddie Mac'

ARTICLES

  • Freddie Mac: Mortgage rates are virtually stagnant

    Sluggish construction activity deterring growth
    Mortgage rates remained flat this week, likely due to a lack of construction activity, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater said mortgage rates moved sideways, primarily because of the mixed bag of economic data released this week.
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  • Housing starts drop 12.3% in June

    Labor and supply holding construction back
    Housing starts fell 12.3% in June, indicating tariffs and taxes are a deterrence to continual growth, according to the latest report from the U.S. Census Bureau. LendingTree Chief Economist Tendayi Kapfidze said although 3-month average building permits are close to the highest level since 2007, labor shortages are weighing on building activity.
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  • Court of Appeals declares FHFA structure unconstitutional

    Majority opinion finds GSE regulator violates separation of powers
    For the third time in recent memory, a government agency borne out of the housing crisis has been declared unconstitutional by a federal court. The first two times it was the Consumer Financial Protection Bureau. But now, it’s the Federal Housing Finance Agency that has been found to be operating in violation of the Constitution.
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  • Housing finance reform should fix what’s broken

    What does housing finance reform look like?
    [Expert commentary] Nearly 10 years after Fannie Mae and Freddie Mac were placed into conservatorship, housing finance reform remains the single largest piece of unfinished business of the housing crisis. The failure of Fannie and Freddie, the taxpayer bailout and repayment that followed, and their unresolved conservatorship continue to demand final resolution, even if Congress does not.
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  • These are the best and worst markets for first-time homebuyers

    Check out which Oklahoma city is the best housing market
    WalletHub, a personal finance website, assessed factors like housing affordability, tax rates and crime rates to determine the most favorable housing markets for first-time homebuyers. As more Millennials become potential homebuyers, some of these markets might best suit their housing needs and some of them they may want to avoid.
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  • Freddie Mac: Mortgage rates moderately increase

    Higher wages and better benefits increase home affordability
    Rising employment and increasing wages led to a slight climb in mortgage rates, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says global trade tensions are keeping investors cautious, thus borrowing costs have become more affordable for potential homebuyers.
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  • Freddie Mac: ACIS loss coverage reaches $10B

    Second ACIS transaction to cover losses on HARP loans
    On Friday, Freddie Mac announced it obtained a new insurance policy under its Agency Credit Insurance Structure, which will provide a combined maximum limit of up to approximately $294 million of losses on single-family loans made under the Home Affordable Refinance Program.
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  • Freddie Mac: Mortgage rates decline again

    Rates continue to drop
    Mortgage rates continue their declining trend, according to Freddie Mac's latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says that after a rapid increase throughout most of the spring, mortgage rates have now declined in five of the past six weeks.
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  • Younger generation can’t afford to buy a home

    Paychecks aren’t keeping up with home prices, and first-time homebuyers are stuck
    We’ve come a long way since the 1950s – 20-somethings just aren’t getting hitched, moving to the burbs and popping out three kids like they used to. And good thing, because they couldn’t afford it. New research from Freddie Mac reveals homeownership rates among young adults has dropped and isn’t likely to pick up any time soon.
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