Tag Archives: Freddie Mac

The surge in mortgage rates seen last week has slowed slightly, as Freddie Mac expects rates to continue to increase, but at a more gradual pace.

Home purchase mortgage originations are anticipated to grow from $1.9 trillion in 2021 to $2.1 trillion in 2022, and $2.2 trillion in 2023, according to a new Freddie Mac forecast.

In breaking down 1.8 million appraisals over 2019-2020, the GSE investigates divergent appraisal values among Black and white borrowers.

After weeks of hovering just above the 3% mark, mortgage rates changed course for the second straight week, reaching highs last seen prior to the pandemic.

Nationally, mortgage credit availability was on the rise to close out 2021, hitting levels last seen in May 2021, yet 30% below pre-pandemic levels.

Inflationary concerns, spurred by continued labor and supply chain issues, forced mortgage rates to jump by 0.23% this week, as rates rose across all mortgage loan types.

In November, the Federal Housing Finance Agency announced its annual change to the conforming loan limit for loans purchased by Fannie Mae and Freddie Mac (GSEs). For 2022, it was announced that the limit increased by 18% to $647,200, ...

Mortgage rates hit levels last seen in May 2020 to kick off the new year, with affordability remaining a hurdle faced by many first-time buyers due to record-high prices.

After a few weeks of increases, mortgage rates took a slight dive this week, falling to 3.05% as refis again picked up despite a downtick in overall mortgage app volume.

Even with rates heading back down to the 3% mark, many single‐family home buyers are being outpriced with lumber costs again on the upswing.