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The Latest Breaking News from Freddie Mac

Average US rate on a 30-year mortgage slips to 8-week low after fifth-straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the busiest time of the year for home sales

The Independent UK

How the Federal Reserve impacts mortgage rates

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.

Fortune

If you’re struggling due to the LA wildfires, you might be able to request mortgage forbearance. Here’s how

JPMorgan Chase and Bank of America have programs offering mortgage relief to homeowners impacted by the California wildfires.

Fortune

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Home Builders Say Cancellations Are Climbing As Mortgage Rates Continue To Rise

Freddie Mac said Thursday that the average 30-year fixed-rate mortgage rose above 7%

International Business Times

Legendary Investor Bill Ackman Likes These 2 Stocks. Should You?

Billionaire investor Bill Ackman is betting on government-sponsored enterprises Fannie Mae and Freddie Mac, predicting they have "large asymmetric upside."

Barchart

Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase

The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July

The Independent UK

30-Year Mortgage Rates Now Highest Since July: Freddie Mac

The rate averaged 6.93%, up from 6.91% last week. It has been trending upward for the past four weeks.

International Business Times

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Bill Ackman’s Bold Case for Fannie Mae and Freddie Mac

Bill Ackman predicts massive gains for Fannie Mae (OTC: FNMA) and Freddie Mac (OTC: FMCC) if they exit conservatorship under a second Trump term.

MarketBeat

Mortgage Rates Rise For Third Consecutive Week

Mortgage rates have climbed to a six-month high, impacting the housing market with affordability challenges and potential slowdown in activity.

Top News

Mortgage Rates Climb To Nearly 7% In Latest Report

Freddie Mac data shows mortgage rates at nearly 7%, highest in six months, impacting homebuyers.

Top News

Billionaire Bill Ackman says he expects Trump to privatize the nation’s two largest government-owned lenders

The Trump-supporting financier said he believes the president-elect will remove lenders Fannie Mae and Freddie Mac from conservatorship

The Independent UK

Mark Calabria on Mortgages, Interest Rates, and Debt

Fannie Mae and Freddie Mac distort the housing market, explains Mike Pence's former chief economist.

Reason

Mortgage Rates Ease, Boosting Homebuyer Demand

Recent decrease in U.S. mortgage rates boosts homebuyer demand, but challenges persist in the housing market.

Top News

Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

The average rate on a 30-year mortgage in the U.S. has eased for the third week in a row

The Independent UK

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Benzinga

Ka-Ching! Schwazze's Cannabis Accounting Bloopers And Other Historic Missteps That Shook Up Big Business

While Schwazze's issue may seem minor compared to past scandals, it serves as a reminder of how easily financial mistakes can spiral.

Top News

FHFA Increases Conforming Loan Limit To 6,500 For 2025

FHFA raises conforming loan limits to 6,500 for single-family homes in response to increasing home prices.

The Independent UK

Average rate on a 30-year mortgage in the US rises to highest level since July

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July

Top News

US Mortgage Rates On The Rise Despite Expected Fed Rate Cut

US mortgage rates have increased, impacting potential homebuyers despite expectations of a rate cut.

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news in one place.

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Top News

Mortgage Rates Rise For Fifth Consecutive Week In The U.S.

Learn about the recent rise in U.S. mortgage rates and their impact on borrowers and the housing market.

Top News

Debate Over Privatizing Fannie Mae And Freddie Mac

The debate over privatizing Fannie Mae and Freddie Mac and its implications on mortgage rates and the housing market.

Fortune

Inflation hasn't been defeated yet because the housing crisis could bring it back

"One area where inflation could resurge is housing inflation in an environment where the fundamental mismatch of supply and demand remains a major challenge for the housing market."

Fortune

When it comes to mortgage rates, this may be as good as it gets for a while

"MBA’s forecast is for longer-term rates, including mortgage rates, to remain within a relatively narrow range over the next year."

The Conversation

What are halal mortgages?

The growth of “halal mortgages” over the past 20 years has expanded financial access to homeownership for many Muslims. Halal mortgages provide interest-free loans in keeping with Islamic beliefs.

Fortune

Mortgage rates sink closer to pivotal magic number

The average 30-year fixed weekly mortgage rate dropped to 6.2% on Thursday.

Fortune

The outlook for home prices has zig zagged dramatically again

According to Freddie Mac's latest forecast, home prices will rise 2.1% in 2024 and 0.6% in 2025.

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