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The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, also eased.
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Homeowners scramble to refinance as U.S. mortgage rates hit two-year lows
Applications for mortgages rose sharply as homeowners and home buyers pounced on falling mortgage rates. The 30-year rate fell to the lowest level since September 2022 ahead of a highly anticipated rate cut by the Federal Reserve on Wednesday.
Mortgage Refinance Rates Shoot Up from 19-Month Low
After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year mortgages have all jumped higher.
30-year mortgage rate falls to two-year low
The interest rate for the most popular U.S. home loan fell last week to its lowest level in two years, on anticipation that the Federal Reserve would start cutting interest rates today, which it did by a half of a percentage point.
Mortgage rates creep closer to 6% — the lowest level since early 2023
The latest pullback in rates should help spur demand for refinancing and home purchase loans, said Sam Khater, Freddie Mac’s chief economist.
Mortgage rates continue to decline reviving purchase, refinance demand
Mortgage rates continued their downward trajectory, which helped revive the purchase and refinance demand for many consumers, according to the latest Freddie Mac Primary Mortgage Survey. The 30-year fixed-rate mortgages averaged 6.
3d
Appraiser BBG appoints new CEO after Freddie Mac freeze
Chris Roach will be stepping down as the CEO of the appraisal firm BBG and will be replaced by the firm’s CFO Bill Britain ...
HousingWire
2d
Fannie and Freddie aren’t going private anytime soon, Mark Calabria says
The former FHFA director said that Donald Trump will try to privatize the GSEs if he’s reelected, but the move won’t happen ...
1d
Greystone Provides $41.5 Million in Freddie Mac Financing for Multifamily Property in Florida
Greystone, a leading national commercial real estate finance company, has provided a $41,535,000 Freddie Mac Optigo® loan to ...
nationalmortgageprofessional.com
10d
Freddie Mac Names Diana Reid Its New CEO
Industry veteran Diana Reid has been appointed CEO by the government-sponsored enterprise’s (GSE) Board of Directors, to ...
1d
on MSN
'I would get out there': Shark Tank's Barbara Corcoran says Fed rate cuts would cool mortgage rates, but there's a downside — why waiting to buy a home might not del…
Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as ...
HousingWire
10d
Meet Diana Reid, the former PNC exec who was just hired to lead Freddie Mac
After several months of searching, Freddie Mac has found a new CEO by hiring former PNC Financial Services executive Diana ...
Business Insider
2d
Freddie Mac Multifamily Apartment Investment Market Index Inches Up Nationwide in Second Quarter of 2024
MCLEAN, Va., Sept. 18, 2024 (GLOBE NEWSWIRE) -- The
Freddie
Mac
(OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) rose nationwide by 0.3% quarter over quarter and 2.2% year over ...
10d
Freddie Mac Names Industry Leader Diana Reid CEO
Transition to take place immediatelyMCLEAN, Va., Sept. 10, 2024 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today announced that its ...
Multi-Housing News
9d
Freddie Mac Names New CEO
Diana Reid leader brings more than four decades of capital markets and real estate experience to her new role.
GlobeSt.com
12d
Freddie Mac's Guidelines for Underwriting Multifamily Properties With Solar Panels
Adding solar power to a multifamily property might seem like an easy choice. However, from
Freddie
Mac
's view, it was ...
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