Freddie Mac

Jan 9, 2014

Recent housing drop likely not signaling trend

In recent weeks, there has been a noticeable drop in home sales in certain areas. This has raised the level of concern of many consumers who think this is a […]

Jan 6, 2014

Mortgage changes debut

Come Jan. 10, it may become more difficult for homeowners to obtain a mortgage. That’s when a host of new rules come into effect. Most notable among the changes for […]

Jan 2, 2014

Annual housing production rate tops 1 million

Strong increases in both single-family and multifamily starts raised our nationwide housing production 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released […]

Dec 26, 2013

Average US 30-year mortgage rises to 4.48 percent

WASHINGTON  — Average U.S. rates for fixed mortgages crept higher this week but remained low by historical standards. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year […]

Dec 26, 2013

Is Web traffic a good bot, or a bad bot?

The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking […]

Dec 19, 2013

Income of $125,000 needed to buy San Francisco home

The income required to purchase a median-priced home in today’s market depends largely on location and varies quite a bit across the country. In Cleveland, you could earn $22,000 a […]

Dec 10, 2013

Seniors healthier when they own home

A new study has revealed that seniors who own their homes are much more likely to enjoy good health and a generally good life during their senior years than those […]

Dec 9, 2013

2014 housing market looks ‘good’, but lending may tighten

CHARLOTTE – The year ahead will be “good, not great” for the housing market, with an anticipated 5 percent growth in housing sales from 2013, according to forecast Freddie Mac’s […]

Dec 2, 2013

Bank of America to pay Freddie Mac $404 million

CHARLOTTE — Bank of America will pay $404 million to mortgage buyer Freddie Mac to settle all remaining claims over home loans sold in the previous decade. The Charlotte, N.C., […]

Oct 1, 2013

Wells settles with Freddie on mortgage claims

Wells Fargo & Co. has agreed to an $869 million settlement with Freddie Mac over claims on home loans it sold to the government-controlled mortgage finance company.

Sep 26, 2013

Average US 30-year mortgage rate down to 4.32 pct.

Average U.S. rates on fixed mortgages fell this week to their lowest point in two months. The decline follows the Federal Reserve's decision last week to hold off slowing its monthly bond purchases.

Sep 26, 2013

Citi paying $395M to Freddie for mortgage claims

Citigroup Inc. has agreed to pay $395 million to Freddie Mac to settle claims on home loans it sold to the government-controlled mortgage finance company.

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