For home shoppers, the Fed’s big rate cut is likely just a small step towards affording a home
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come.
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Average rate on 30-year mortgage falls to 6.09%, according to Freddie Mac, hovering at lowest level since February 2023
Here's how far mortgage rates have dropped already this year
After years of high mortgage rates that left countless would-be homeowners on the sidelines, the tide is finally turning in favor of those looking to enter the housing market. This week, the Federal Reserve slashed its benchmark rate by 50 basis points,
The average 30-year mortgage rate has fallen to its lowest level since February 2023
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their loans to a lower rate, also eased.
Mortgage rates fall to lowest level in two years: Here’s how much money you need to buy a $400,000 home
Mortgage rates fell to the lowest level in two years a day after the Federal Reserve cut its benchmark interest rate. The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, according to data released by Freddie Mac on Thursday.
Mortgage rates dip to lowest level since early 2023 after Fed rate cut
Mortgage rates declined to their lowest level since February 2023 after the Federal Reserve instituted a significant interest rate cut. In the past week, the standard 30-year, fixed-rate mortgage averaged 6.
Appraiser BBG appoints new CEO after Freddie Mac freeze
Chris Roach will be stepping down as the CEO of the appraisal firm BBG and will be replaced by the firm’s CFO Bill Britain ...
Trump Allies Are Working on Plans to Privatize Fannie and Freddie, WSJ Reports
(Reuters) - Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U ...
Freddie Mac taps former PNC exec Diana Reid as its new CEO
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HousingWire12d
Meet Diana Reid, the former PNC exec who was just hired to lead Freddie Mac
After several months of searching, Freddie Mac has found a new CEO by hiring former PNC Financial Services executive Diana ...
nationalmortgageprofessional.com12d
Freddie Mac Names Diana Reid Its New CEO
Industry veteran Diana Reid has been appointed CEO by the government-sponsored enterprise’s (GSE) Board of Directors, to ...
Freddie Mac Home Possible Mortgages: What You Need to Know
Learn more about the advantages and drawbacks of Freddie Mac Home Possible and how to qualify to help you decide if it's ...
GlobeSt.com13d
Freddie Mac's Guidelines for Underwriting Multifamily Properties With Solar Panels
Adding solar power to a multifamily property might seem like an easy choice. However, from Freddie Mac's view, it was ...
Multi-Housing News11d
Freddie Mac Names New CEO
Diana Reid leader brings more than four decades of capital markets and real estate experience to her new role.
Greystone Provides $41.5 Million in Freddie Mac Financing for Multifamily Property in Florida
NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has ...
Commercial Observer12d
Freddie Mac Names Diana Reid CEO
Diana Reid, who previously spent nearly 12 years leading PNC’s real estate business division, was named the company's new ...
GlobeSt.com2d
Multifamily Investment Conditions Mixed as Market Works to Stabilize
Second-quarter multifamily apartment investment conditions were mixed across the country with 14 markets up, nine markets ...