Freddie Mac
- Stock MarketKarl Daniel 2 weeks ago
‘The pandemic boom in home sales is over’: Mortgage rates soar to highest level since 2009 as the Fed pressures the housing market
Mortgage rates are skyrocketing thanks to the Fed, but buyers who can tough out this difficult, changing market will be…
Read More » - BankingKarl Daniel 2 weeks ago
Mortgage rates surge to highest level since 2009
Following a brief one-week lull, mortgage rates surged upward again at a rapid pace, with the 30-year average now at…
Read More » - Stock MarketKarl Daniel 3 weeks ago
‘I think we’re in the final innings.’ Pimco’s Kiesel thinks the housing market has hit its top
Mark Kiesel is thinking of selling his California home and becoming a renter. Families looking to buy a home make…
Read More » - Stock MarketKarl Daniel 3 weeks ago
‘Buyers of a median-price home are looking at a monthly mortgage payment that is almost 50% higher than it was a year ago.’ The 30-year mortgage rate dips slightly to 5.1%
The interest rate on the country’s benchmark mortgage product edged downward for the first time since early March, but that…
Read More » - Stock MarketKarl Daniel April 21, 2022
Mortgage rates rise above 5% for the first time since 2011. Is the seller’s market over?
Mortgage rates have increased for seven consecutive weeks, creating openings for buyers who have managed to withstand this tough housing…
Read More » - Stock MarketKarl Daniel April 15, 2022
Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain
Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5%…
Read More » - Stock MarketKarl Daniel April 4, 2022
Here’s how much a 40-year mortgage would save you each month vs. a 30-year loan. And the ultimate cost.
The U.S. home-financing market has been dominated by the 30-year fixed-rate mortgage loan for decades. Now some key players in…
Read More » - Stock MarketKarl Daniel April 2, 2022
Mortgage rates zoom past 4.5% — here’s what home buyers need to know
Mortgages rates keep climbing, and that poses a major challenge for families looking to score a deal during the busy…
Read More » - Stock MarketKarl Daniel March 31, 2022
A 40-year mortgage? This Fed official thinks it’s a good idea
Should the federal government start backing mortgages even longer than 30 years? Philadelphia Federal Reserve Bank president Patrick Harker thinks…
Read More » - Stock MarketKarl Daniel March 24, 2022
‘Mortgage rates are likely to push toward 5% before the end of the year’: Rates soar to highest level in over 3 years, putting pressure on home buyers
Mortgage rates are racing toward 5% as the Federal Reserve’s expected trajectory for future rate hikes becomes clearer. The average…
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