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Freddie Mac

A collection of news and information related to Freddie Mac published by this site and its partners.

Top Freddie Mac Articles

Displaying items 109-120
  • Mortgage rates make a slight shuffle

    Mortgage rates make a slight shuffle
    Average fixed mortgage rates pretty much danced in place this week, according to Freddie Mac's weekly survey. The average rate on a 30-year loan was 4.15 percent, compared with 4.12 percent last week and 4.51 percent in the same week a year ago. On...
  • Freddie Mac: Mortgage rates tick higher; 30-year fixed averages 4.15%

    Freddie Mac: Mortgage rates tick higher; 30-year fixed averages 4.15%
    A favorable jobs report pushed mortgage rates slightly higher in this week’s survey of lenders by Freddie Mac, with the average for a 30-year fixed loan rising to 4.15% from 4.12% last week. Mortgage lenders were offering 15-year fixed loans at an...
  • Mortgage market shows promising gains in second quarter

    Mortgage market shows promising gains in second quarter
    The mortgage market, beaten down by higher interest rates and weak home sales, is showing signs of perking up. After hitting a 14-year low in the first three months of this year, second-quarter home lending was much stronger than analysts expected,...
  • End corporate welfare as we know it

    End corporate welfare as we know it
    Imagine that you were at home on a weekend afternoon and the doorbell rang and a representative from Boeing stood at the door with a tin cup asking you to contribute $10 to the Fortune 100 company so it can sell more products overseas. It's a good bet you...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Some homeowners miss out on housing recovery

    Some homeowners miss out on housing recovery
    Scott and Caroline Schmauderer know all the acronyms and the nitty-gritty details of the federal government's various programs to help homeowners like themselves, whose plans were derailed by the housing bust. They read up on loan modifications, but...
  • Citi to pay $7 billion to settle mortgage securities probe

    Citi to pay $7 billion to settle mortgage securities probe
    Citigroup Inc has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in the run-up to the financial crisis, including the largest civil fraud penalty ever levied by the U.S. Justice Department....
  • California said to share in U.S. mortgage settlement with Citigroup

    California said to share in U.S. mortgage settlement with Citigroup
    California will share in the U.S. Justice Department's multibillion-dollar settlement with Citigroup Inc. over defective mortgage investments the Wall Street giant peddled during the housing boom, according to people briefed on the negotiations. New...
  • Citi settlement will recoup Illinois pension losses

    Illinois will receive $84 million as part of a national $7 billion settlement resolving allegations by federal and state authorities that Citigroup Inc. sold risky mortgage-backed securities that harmed investors, which included pension systems and...
  • Turned Down in the Past? Refinancing May be Easier Now

    (StatePoint) If you're a homeowner, you probably know that refinancing could mean lower monthly payments, lower interest rates and a shorter-term loan. However, if your mortgage is underwater, a refinance is hard to come by and you may have been turned...
  • Debunking the Myths about Homeownership

    (StatePoint) As a result of the recent housing crisis, many potential homebuyers, especially first-timers, are hesitant to enter the market. But if you're holding back, evaluate why. Experts say your reasons may be based on myth. "Buying a home is more...
  • Condos are becoming FHA no-lending zones

    Condos are becoming FHA no-lending zones
    For young first-time buyers, people with modest down-payment cash or seniors who want to tap their equity using a reverse mortgage, it's a growing problem: They cannot use Federal Housing Administration financing in condominiums. It's not that these...