Last month’s historic Brexit vote drove mortgage rates down near historic lows and brought a flurry of refinancing activity. According to Freddie Mac, however, the post-Brexit volatility is tapering off.
Read More »55+ Crowd Shuns Conventional Logic in Housing
Americans 55 and older remain a major piece of the U.S. housing market and will continue to be for a long time, because they aren’t playing by conventional logic.
Read More »HARP Delinquency Rates Lower Across the Board
Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.
Read More »Voters Believe Housing in America Needs Serious Fixing
Voters are widely dissatisfied with access to housing and mortgages and they believe the system is rigged against those who can't borrow money, according to a recent survey.
Read More »Mortgage Rates Steady After Rollercoaster Ride
After a short ride on the rollercoaster triggered by June’s Brexit vote, mortgage rates have steadied and applications are up.
Read More »Foreign Troubles Create Robust Buyers’ Market In U.S.
Recent international market blockbusters like China’s slowing economy and the U.K.’s decision to leave the European Union were significant enough for Freddie Mac to revise what it had expected to happen in the U.S. economy.
Read More »Freddie Mac: Lessons Learned from the Crisis
The mortgage servicing industry has become stronger and more efficient in a post-crisis world, according to Freddie Mac.
Read More »Already Low Mortgage Rates Drop Even Lower
The current 30-year FRM average rate is only 10 basis points higher than its all-time low; Freddie Mac attributed this to continued fallout from the U.K.’s Brexit vote two weeks ago.
Read More »FHFA Reports Progress on Single Security Initiative
According to the FHFA, the GSEs intend to begin implementing the Common Securitization Platform software later this year.
Read More »Freddie Mac’s Mortgage Portfolio Sees More Contraction
The unpaid balance of the GSE's mortgage-related investments portfolio is now well below its required call for the full year of 2016.
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