Stories tagged: freddie mac
UPDATED: Thu., Aug. 8, 2019
U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016.
Thu., June 27, 2019
U.S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November …
Wed., March 27, 2019
President Donald Trump issued an order for the government to end its 10-year conservatorship of the mortgage companies Fannie Mae and Freddie Mac.
Thu., Jan. 31, 2019
U.S. long-term mortgage rates edged up after declining in recent weeks.
Fri., Dec. 22, 2017
WASHINGTON – The Federal Housing Finance Agency and U.S. Treasury Department said they have agreed to let mortgage giants Fannie Mae and Freddie Mac retain capital buffers of $3 billion …
Thu., Dec. 14, 2017
The rate on 30-year fixed-rate U.S. mortgages slipped to 3.93 percent this week.
Thu., Oct. 26, 2017
The costs of borrowing to buy a home increased slightly this week, but U.S. mortgage rates are still near relative lows.
Thu., July 13, 2017
Long-term U.S. mortgage rates rose this week for the second straight week. The benchmark 30-year rate surpassed the significant 4 percent level for the first time since May.
Thu., June 1, 2017
Long-term U.S. mortgage rates were flat to slightly lower this week, as the key 30-year rate marked a new low for the year.
Thu., April 27, 2017
Long-term U.S. mortgage rates rose this week for the first time in five weeks. The benchmark 30-year rate pushed back above the key threshold of 4 percent.
Fri., Feb. 17, 2017
Fannie Mae said Friday that it will pay the U.S. Treasury a $5.5 billion dividend next month after its profit doubled in its latest quarter.
Thu., Feb. 16, 2017
Long-term mortgage rates slipped again this week. Mortgage buyer Freddie Mac says the rate on 30-year, fixed-rate loans eased to 4.15 percent from 4.17 percent last week. The benchmark rate …
UPDATED: Tue., Jan. 31, 2017
A powerful housing trade group is wasting no time in pushing the Trump administration and Republican-led Congress to address one of the last unresolved issues from the financial crisis, outlining …
UPDATED: Mon., Jan. 30, 2017
Citigroup plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans.
Thu., Nov. 10, 2016
Long-term U.S. mortgage rates rose this week for a second straight week.
Wed., Aug. 24, 2016
U.S. homebuyers pulled back in July, as sales declined amid a shortage of available properties and steadily rising prices.
Thu., Aug. 4, 2016
g-term U.S. mortgage rates declined this week after rising for three straight weeks, continuing to lure prospective homebuyers.
Tue., Aug. 2, 2016
Mortgage giant Freddie Mac reported net income of $993 million for the second quarter, down sharply from the same period of 2015.
Thu., June 16, 2016
Concerns about the strength of the global economy plus the Federal Reserve’s decision this week to keep interest rates from rising have driven mortgage rates to the lowest level since …
Thu., June 9, 2016
Mortgage buyer Freddie Mac said Thursday the average 30-year fixed-rate mortgage slipped to 3.60 percent from 3.66 percent last week. That is well below its level a year ago of …
Thu., May 5, 2016
Mortgage giant Fannie Mae posted net income of $1.1 billion for the first quarter, down from a year ago as declining interest rates reduced the value of the financial instruments …
Thu., March 3, 2016
Average long-term U.S. mortgage rates rose this week for the first time in two months as global economic anxiety and market turbulence eased.
Thu., Feb. 18, 2016
Average long-term U.S. mortgage rates were unchanged this week, but remained at historically low levels amid worries about the global economy.
Thu., Feb. 18, 2016
Freddie Mac, the government-controlled mortgage company, said its net income jumped in the fourth quarter thanks to higher interest rates.
Tue., Nov. 17, 2015
Government backs more mortgages than prerecession, helping prop up sluggish housing market.
Fri., Jan. 11, 2013
Spokane city leaders allege they’ve been cheated out of hundreds of thousands of dollars in taxes by two high-profile financial insitutions – money the city would have used to fix …
Mon., Dec. 10, 2012
WASHINGTON — A government report finds median pay for nearly 2,000 senior managers at government-controlled Fannie Mae and Freddie Mac exceeded $200,000 last year.
Tue., Jan. 31, 2012
Freddie Mac, the taxpayer-owned mortgage giant, has placed multibillion-dollar bets that payoff if homeowners stay trapped in expensive mortgages with interest rates well above current rates.
Sun., May 15, 2011
PHILADELPHIA — Fixed mortgage rates remain below 5 percent, and these days fewer and fewer home buyers seem to be opting for adjustable-rate loans. But low fixed rates aren’t the …
Wed., Feb. 23, 2011
Not Seattle! Home prices in the “Queen City” of the Northwest were not supposed to go south. This isn’t Miami, Phoenix or Las Vegas, where suntanned speculators built big, borrowed …