The average rate fell to 6.89% from 6.95% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.9%, ...
Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 6.89%, pulling back ...
Rates on new 30-year mortgages saw a notable drop Wednesday—lowering the flagship average to its cheapest level since before Christmas. Several other averages also dipped.
Mortgage application activity has been mixed as rates remain close to 7%. Refinancing applications rose 12% through Friday ...
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
For many people, the American Dream involves owning a home. Instead of paying thousands in rent each month and dealing with ...
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are ...
Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and Freddie Mac, from their current conservatorship would depend on the ...
Scott Turner says he plans to quickly launch a review to root out inefficiencies at the agency.