WASHINGTON – The Biden administration is weighing a move to reduce mortgage costs For first time…
Tag: Mortgage Bank / Real Estate Credit
Mortgage rates fall after three weeks of hike
Mortgage rates fell this week, but remain near multiple-year highs, helping to make up for it.…
Mortgage rates continue to rise, up to 5.81%
Some lenders are already quoting rates of 6% or more as rates hit their highest level…
US current-home selling price hits record $407,600 in May
The average current home selling price exceeded $400,000 in May, setting a new record, as the…
US home equity hits record high – $27.8 trillion
Americans have more equity in homes than ever before. According to the Federal Reserve, total US…
Better.com misled investors ahead of stalled SPAC deal, former executive alleges
Online mortgage lender Better.com and its chief executive Vishal Garg allegedly misled investors in financial filings…
The New Math of Reverse Mortgages for Retirees
Regarded for years as a last resort for struggling seniors, reverse mortgages have received a makeover.…
Fed fears affect mortgage bonds, attract investors
Prices are falling for bonds backed by agency mortgage loans from state-owned lenders. fanny mae And…
opinion | Fannie Mae’s New Racial Prejudice
It was perhaps inevitable that the Biden administration would enlist housing giants Fannie Mae and Freddie…