The classic back-and-forth between renting and buying is not expected to cease anytime soon, but there may be a slight improvement in 2016.
Read More »Mortgage Rates Creep Even Lower Among Global Concerns
Mortgage rates have only headed one direction since the Fed's decision in December to raise rates by 0.25 percent. Freddie Mac says the falling rates reflect the tumultuous global economy and weak inflation.
Read More »Home Prices on Low-End Growing the Fastest
Home prices in the U.S. housing market has seen some major gains over the last few years, but you will be surprised to know that much of this growth is stemming from homes that are priced 75 percent or less of the median home price.
Read More »Cool Down: New Home Mortgage Applications Decline
In the last month of 2015, applications for new home purchases took a chill pill and decreased month-over-month. Could this be what economists meant by slow growth headed into 2016?
Read More »Freddie Mac Drops Billion-Dollar Suit Against Deloitte
Freddie Mac has dropped its lawsuit against Deloitte & Touche that accused the accounting firm of negligence regarding the auditing of certain mortgage loans the GSE purchased from now-defunct mortgage lender Taylor Bean & Whitaker.
Read More »Racing Ahead: Unexpected Markets Finish 2015 on Top
Homes sales finished 2015 in convincing fashion, following two straight months of sluggish sales. Read on to see which cities experienced the largest gains in 2015.
Read More »Citigroup Posts Best Yearly Income Since 2006; Wells Fargo Holds Steady
While the approaching date of December 25, 2015, meant it was beginning to look a lot like Christmas for many, for Citigroup it was beginning to look like the pre-crisis year of 2006.
Read More »Clayton Holdings Opens New Silicon Valley Office
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, recently announced that it has opened a consulting office in Silicon Valley.
Read More »Freddie Mac, Lenders One Partner to Help Mortgage Bankers in 2016
Freddie Mac and the Lenders One Mortgage Cooperative recently partnered to help mortgage bankers boost their business in 2016.
Read More »Multi-Generational Households Grow in Number
More U.S. families are opting to live together in one household for a number of reasons, but are these multi-generational homes hindering new household formation?
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