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 jumbo mortgages for their portfolios, has created a situation in ...

Tagged with: Fannie Mae Federal Housing Administration Federal Housing Finance Agency Freddie Mac Jim Woodard Quicken Loans

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 year and still afford a house, but in San Francisco, ...

Tagged with: Clear Capital Freddie Mac Jim Woodard National Association of Realtors Zillow

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 who rent their residences. The study was sponsored by the ...

Tagged with: Dodd-Frank Act Fannie Mae Freddie Mac Jim Woodard

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 Chief Economist Frank Nofthat delivered to an audience of real ...

Tagged with: Charlotte Regional Realtor Association Eric Locher Fannie Mae Freddie Mac

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., bank says the deal resolves claims on loans sold from ...

Tagged with: Bank of America Freddie Mac

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.

Tagged with: Freddie Mac settlement

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.

Tagged with: Federal Reserve Freddie Mac

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.

Tagged with: Freddie Mac

Earlier this year we built our retirement home in a newer community which has a small lake as its focal point. A few months after we moved in, the homeowners association said the contractor had to install a guardrail on the lake side of the access road.We feel we were deceived as the guardrail blocks the view of the lake from our patio, which was a big selling point.

Tagged with: Freddie Mac Homeowners Association

Many analysts now predict a slower growth rate in housing prices. Prices will definitely rise, but at a slower rate than was predicted.

Tagged with: CoreLogic Fannie Mae Freddie Mac RealtyTrac Zillow