Tag: Fannie Mae

Mortgage rates fell over the past week, despite inflation hitting a 13-year high. What’s going on?

Benchmark mortgage rates slid over the past week, without any clear reason for a decline, continuing the reprieve for price-sensitive home buyers. The 30-year fixed-rate...

Mortgage rates drop back below 3% — here’s how much Americans could save by refinancing

Benchmark mortgage rates again dropped below 3%, giving Americans yet another opportunity to refinance, and lock in historically low financing. The 30-year fixed-rate mortgage averaged...

Federal regulators want to ‘modernize’ home appraisals — that could put some consumers at a disadvantage

A federal watchdog agency is investigating ways to modernize the process used to determine how much a home is worth. The Federal Housing Finance Agency,...

‘It is just a road that could take several years.’ Prospects for a quick privatization of Fannie Mae and Freddie Mac dim following Mnuchin comments

Treasury Secretary Steven Mnuchin indicated that he wouldn’t let Fannie Mae and Freddie Mac exit conservatorship if they weren’t well capitalized enough. Photo by Mandel...

Weekend reads: $500,000 and a retirement problem

ISTOCK/GETTY IMAGES Everybody’s financial scenario heading into retirement is different. This encompasses more than levels of savings or income — emotions come into play. What...

Mortgage rates fall to new record low — here’s why some loan applicants won’t be offered them

Mortgage rates have dipped to a record low for the second time in as many months amid the global coronavirus outbreak. The 30-year fixed-rate mortgage...

3 million Americans are skipping mortgage payments, but Fannie Mae and Freddie Mac will cut mortgage servicers a break

As the number of Americans requesting forbearance on their home loans rises, Fannie Mae FNMA, -1.81% and Freddie Mac FMCC, -1.53% are relaxing rules for...