Mortgage rates rise for a 4th straight week
U.S. mortgage rates rose for a fourth straight week. The average for 30-year loans was 6.93%, up from 6.91% last week, Freddie Mac said in a statement Thursday. Borrowing costs near 7% are cutting deeper into buying power for house hunters and threaten to slam the brakes on a sales market that had gained some momentum in recent months.
Craig Phillips, who previously held positions at Morgan Stanley, BlackRock and the U.S. Department of the Treasury, will be ...
Fannie Mae and Freddie Mac, the government-backed mortgage giants, could be headed for privatization under Donald Trump‘s ...
The 30-year-mortage rate continues to climb as it hit its highest level since July on Thursday. The benchmark 30-year fixed-rate mortgage averaged 6.93%, up from last week when it averaged 6.91%, ...
Federal Home Loan Mortgage Corporation (Freddie Mac) may see big gains with privatization. Find out why FMCC stock could be a ...
The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, ...
The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining strong, it could keep going up.
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...
Freddie Mac’s (OTCQB: FMCC) newly released Outlook forecasts multifamily originations to rise in 2025, while predicting ...
Shares of Fannie Mae and Freddie Mac , the mortgage giants under U.S. government control since 2008, surged to multi-year ...
The strength of the economy — and persistent inflation — is doing no favors for buyers begging for a downturn in rates.
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