Highlights
A collection of news and information related to Freddie Mac published by this site and its partners.
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Stronger economy causes mortgage rate increase
If you're in the market to buy a home, you may not want to drag your feet. Those record low fixed mortgage rates aren't so low anymore. The federal reserve bought billions of dollars in bonds and securities to boost the housing market, which allowed...
Tags: Finance, Money and Monetary Policy, Economy, Business and Finance, Real Estate, Services and Shopping
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Citizens' $52M takeout deal triggers Heritage rating review
Citizens Property Insurance Corp.'s controversial new takeout deal that will send as many as 60,000 policies and up to $52 million to Heritage Property and Casualty Co. has triggered a review of the St. Petersburg-based private company's financial rating....Tags: Government, Rick Scott, Finance, Insurance, Economy, Business and Finance
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Refinancing into shorter mortgages appears to grow more popular
WASHINGTON — The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant...Tags: Windsor (Hartford, Connecticut), The Washington Post, Finance, Economy, Business and Finance, Money and Monetary Policy
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Consumer Sentiment in U.S. Fell in June From Six-Year High
Consumer confidence in June eased from a six-year high as progress in the labor market supported Americans' views of the economic outlook. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment declined to 82.7 in June from...Tags: Employment, Finance, Stamford, Money and Monetary Policy, Career and Workplace
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Growing appeal for 10-year mortgages
The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant niche option, are now...Tags: Fannie Mae, Banking, Finance, Money and Monetary Policy, Economy, Business and Finance
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Home prices in Cook County show uptick
Home values in Illinois' most populous county are improving, but the gains may be smaller than would-be sellers are expecting. First-quarter prices of single-family homes in Cook County increased 3.5 percent from 2012's first quarter and rose 3.2...
Tags: Condos, Chicago Real Estate, Religion and Belief, Real Estate, Homes
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Mortgage rates rise again, now more than 1/2 point higher
Sun SentinelInterest rates on average 30-year fixed loans rose for the sixth week in a row and is now just shy of 4 percent as loans are at their highest in more than a year, Freddie Mac said Thursday. The average 30-year fixed mortgage rate was at 3.98 percent...Tags: Mortgages, Financial and Business Services
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6-week rise sends mortgage rates near 4%
Tribune reporterThe average interest rate on a 30-year, fixed-rate mortgage loan moved ever closer to the 4 percent mark, posting the sixth consecutive weekly increase in that popular mortgage product. Freddie Mac reported Thursday the average rate was 3.98 percent this...Tags: Mortgages, Federal Reserve
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Freddie Mac: 30-year mortgage rate rises to 3.98%, 14-month high
Are 30-year fixed-rate mortgages with interest rates beginning with a “3” soon to become something found only in the history books? That prospect appeared more likely Thursday, as Freddie Mac reported that the average rate that lenders...
Tags: Credit Ratings, Mortgages, Federal Reserve
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Housing market needs private capital
Illinois is experiencing a fragile housing recovery, as growing optimism among potential homebuyers has led to a 20 percent growth in purchases this year. But while we’re on our way toward recovery, some disturbing trends highlight the need for...Tags: Fannie Mae, Banking, Finance, Economy, Business and Finance, Real Estate
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Proposed home finance reform could restrict Wells Fargo lending
A bipartisan Senate effort to shut down Fannie Mae and Freddie Mac could curtail Wells Fargo & Co.’s enormous home lending business by restricting the bank’s ability to issue certain mortgage-backed securities. The proposal, spearheaded by...
Tags: Fannie Mae, Finance, Economy, Business and Finance, Derivative Securities, Mortgages
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If John Paulson wins on Fannie Mae, America loses
For years, the White House and many lawmakers have been saying the government needs to put Fannie Mae and Freddie Mac out of their misery. Yet they live on. And now their stock charts look like electrocardiograms. Both companies' common shares are up...Tags: Companies and Corporations, Finance, Mark R. Warner, Economy, Business and Finance, Bloomberg L.P.
Jun 16, 2013
|Story| WSBT-TV
Jun 12, 2013
|Story| South Florida Sun-Sentinel
Jun 14, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Allentown Morning Call
Jun 15, 2013
|Story| Hartford Courant
Jun 13, 2013
|Story| Chicago Tribune
Jun 13, 2013
|Story| South Florida Sun-Sentinel
Jun 13, 2013
|Story| Chicago Tribune
Jun 13, 2013
|Story| Los Angeles Times
Jun 11, 2013
|Story| Chicago Tribune
Jun 7, 2013
|Story| Los Angeles Times
Jun 7, 2013
|Column| Allentown Morning Call
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