Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...
The average rate for a 15-year mortgage, popular with homeowners looking to refinance to a lower rate, also decreased.
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%, ...
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 president’s focus on the 10-year Treasury note is part of Trump’s efforts to bring down mortgage rates, a campaign ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
A year ago, it averaged 5.94%, Freddie Mac said. Mortgage rates are influenced by several factors, including how the bond market reacts to the Federal Reserve’s interest rate policy decisions.
Mortgage rates have been stable over the last month and incoming data suggest the economy remains on firm footing. Even ...
Freddie Mac chief economist Sam Khater in a statement ... Inflation remains stubbornly high and the Federal Reserve already looks poised to cut interest rates fewer times than initially expected ...