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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.
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
30-Year Mortgage Rate Drops to 6.09% After Fed Rate Cut
The decline in mortgage costs, influenced by expectations of the Federal Reserve’s rate moves, could revive interest in buying, selling and remortgaging, economists said.
Average mortgage rate falls
The rate fell to 6.09% after finishing last week at 6.20%, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.19%. The last time the average rate was this low was on February 2,
1d
Greystone Provides $41.5 Million in Freddie Mac Financing for Multifamily Property in Florida
Greystone, a leading national commercial real estate finance company, has provided a $41,535,000 Freddie Mac Optigo® loan to ...
Business Insider
2d
Freddie Mac Multifamily Apartment Investment Market Index Inches Up Nationwide in Second Quarter of 2024
MCLEAN, Va., Sept. 18, 2024 (GLOBE NEWSWIRE) -- The
Freddie
Mac
(OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) rose nationwide by 0.3% quarter over quarter and 2.2% year over ...
nationalmortgageprofessional.com
10d
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 ...
1d
on MSN
'I would get out there': Shark Tank's Barbara Corcoran says Fed rate cuts would cool mortgage rates, but there's a downside — why waiting to buy a home might not del…
Car insurance premiums in America are through the roof — and only getting worse. But 5 minutes could have you paying as ...
3d
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 ...
HousingWire
2d
Fannie and Freddie aren’t going private anytime soon, Mark Calabria says
The former FHFA director said that Donald Trump will try to privatize the GSEs if he’s reelected, but the move won’t happen ...
GlobeSt.com
11d
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 News
9d
Freddie Mac Names New CEO
Diana Reid leader brings more than four decades of capital markets and real estate experience to her new role.
HousingWire
10d
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 ...
7d
Trump allies are working on plans to privatize Fannie and Freddie, WSJ reports
Allies of Republican U.S. presidential candidate Donald Trumps and bankers have been discussing plans on ending U.S.
ConsumerAffairs
1d
Mortgage rates appear ready to slip below 6%
Maybe it’s just a coincidence, but the week the Federal Reserve cut its key interest rate for the first time in four years, ...
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