Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Freddie Mac

Housing Beat: Mortgage Rates Hit 5% Level While Property Taxes Inch Higher

The week in housing was one of great challenges, with mortgage rates cracking the 5% level while homeowners faced an uptick in property taxes and state attorneys general demanded that mortgage servicers drop their convenience fees charged to borrowers.

US long-term mortgage rates rise; 30-year loan reaches 5%

US long-term mortgage rates rise; 30-year loan reaches 5%

Long-term U.S. mortgage rates continued to climb this week as the key 30-year loan rate reached 5% for the first time in more than a decade amid persistent high inflation

The Independent UK

Mortgage rates hit 5%, highest in more than a decade

Mortgage rates hit 5%, highest in more than a decade

It's going to be hard for first-time buyers to afford a house.

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Housing Beat: Mortgage Rates Keep Climbing; Disney's Affordable Housing Project

Mortgage rates are continuing their upward motion while potential homebuyers and sellers face a shifting housing market and the affordable housing sector welcomes a well-known new participant.

Mortgage interest rates are rising. If you’re looking at adjustable-rate loans, know the risks

A few years after risky mortgages and related investments led to a global financial collapse, the Federal Reserve put out a handbook to help consumers make smarter choices about their home loan options. The focus was on adjustable-rate mortgages, whose exotic variants were among the prime culprits in the meltdown.

Los Angeles Times

The Crisis In Housing, Part 4: Waiting For A Crypto Future

Compared to other sectors of the wider economy, the housing and mortgage industries have traditionally been slower to embrace cutting-edge technologies and digital solutions. A myriad of reasons explain this pokey response to evolving change, ranging from the sector’s conservative risk tolerance to a lack of standardization in many evolving technologies.

Housing Beat: Records Broken For Single-Family And Condo Prices; The 'R' Word Gets Raised

The latest data news from the housing market included new records being achieved in single-family home and condominium sales, the 30-year fixed-rate mortgage crashing through the 4.5% level, and a warning from a prominent industry economist on the potential for a recession created by the Federal Reserve.

inkl

Read news from The Economist, FT, and more,
with one subscription

Housing Beat: Mortgage Rates Soar, Mortgage Applications Sink

Housing Beat: Mortgage Rates Soar, Mortgage Applications Sink

This week's housing and mortgage industry data is something of a seesaw ride, with mortgage rates, millennial homebuying and the mortgage delinquency rate rising while mortgage applications and a major builder's output did not.

Buying or selling a condo? 6 key takeaways from new US mortgage rules prompted by Surfside collapse

In the wake of the Champlain Towers South collapse in Surfside, Florida last year, the two federally chartered agencies that back most residential mortgages in the country, Freddie Mac and Fannie Mae, have instituted new rules requiring lenders to verify the condition of condominium buildings before approving loans.

Housing Market Seesaw: Mortgage Rates Soar While Housing Starts Drop

Housing Market Seesaw: Mortgage Rates Soar While Housing Starts Drop

Mortgage rates have spiked as a result of rising inflation and stronger than expected consumer spending, according to new data released by Freddie Mac (OTCQB: FMCC). While mortgage rates were on the rise, housing starts were in decline, based on the latest federal data.

Florida condo collapse drives Fannie Mae to toughen loan standards on older buildings

Buying a condo in an older South Florida high-rise? For people who want to finance their deal, it’ll be getting tougher to take out a loan backed by Fannie Mae or Freddie Mac, the government-sponsored enterprises that make mortgages available to low- to moderate-income borrowers.

Tribune News Service

1 … 8 9 10 11

People

From analysis to the latest developments in health,
read the most diverse news in one place.

inkl

Organisations

US Federal Reserve

Consumer Financial Protection Bureau

inkl

Read news from The Economist, FT, and more,
with one subscription

Places

397,431 stories

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play