Fannie and Freddie play crucial roles in the housing market—setting lending standards for home loans and owning or ...
In the aftermath of the housing market bubble, the federal government placed Fannie Mae and Freddie Mac under a financial ...
Higher interest rates add to problems with affordability that have hammered the housing market for the last two years. Prices ...
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting ...
The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The ...
The average rate on a 30-year fixed mortgage reached 7.04% for the week ending January 16 — the highest level since May.
The interest rate on average fixed-rate 30-year home loan is more than 7%, the first time mortgage rates have been that high ...
The elevated mortgage rates have discouraged home shoppers, prolonging a national home sales slump that began in 2022.
The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining ...