Tag Archives: Freddie Mac

S&P CoreLogic Case-Shiller reported a deceleration in home prices nationwide, with markets in the western portion of the country reporting the most notable waning of home price growth.

Cake Mortgage CEO David Abelyan shares his perspective on what needs to be done in the market to help alleviate the affordability issue, and what products are ideal to assist first-time buyers.  

After falling back toward the 5%-mark, Freddie Mac reports that mortgage rates rose more than 40-basis points this week, as continued slowdown in economic growth weighs on the housing market.

Despite mortgage rates pulling back over the past month, numbers are down 59 basis points from the recent peak of 5.22% according to the latest Fannie Mae survey, they continue to anticipate a slowdown in home sales activity.

A new study from Freddie Mac found that nearly 60% of renters saw their rent increase over the past 12 months, with just 38% of those polled seeing an increase in their wages to offset this hike.

Following the up-and-down pattern of the 10-year Treasury, mortgage rates fell to 5.13% this week according to Freddie Mac, a week after shooting up to well above the 5% mark.

Housing starts fell further than anticipated in July, as multi-family becomes a bright spot with builders adapting to a growing rental market.

While several factors have played into affordability issues for many in attaining homeownership, Adam Mercado of ClearPath Lending stresses that timing and patience are key for this segment in today’s housing finance landscape.  

A week after bottoming out to a four-month-low, mortgage rates jumped back upward this week, climbing to 5.22% despite continued correction in the housing space.

Realtor.com reports that the inventory of for-sale homes increased across the 50 largest metros by 41% in July.