Fannie Mae Underpins the Mortgage Market. Should the Government Sell It?
Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...
Antelope Valley Press5h
Average US rate on a 30-year mortgage fall
The average rate on a 30-year mortgage in the US eased for the third week in a row, a smidgen of relief for prospective home ...
Should you buy a home or rent in California? Consider these factors
For many people, the American Dream involves owning a home. Instead of paying thousands in rent each month and dealing with ...
Homeowners - particularly first-time buyers - are worryingly late on their mortgage payments
Delinquencies on Federal Housing Administration loans, typically used by first-time home buyers, rose 74 basis points in 2024. A basis point is one-hundredth of a percentage point. Delinquencies on ...
California’s balcony law and Fannie Mae standards could push condo fees higher
Fannie Mae and Freddie Mac tightened up their lending standards for financing condos after the Champlain Towers collapsed in ...
Finance & Commerce14h
Average rate on 30-year mortgage falls again to 6.89%
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective ...
The Treasury Secretary Says Trump Wants Long-Term Interest Rates to Fall—It May Take a While
Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.
Bessent Says Fannie-Freddie Release Depends on Mortgage Rates
Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and Freddie Mac, from their current conservatorship would depend on the ...
Mortgage rates drop slightly but remain near 7%
Mortgage application activity has been mixed as rates remain close to 7%. Refinancing applications rose 12% through Friday ...