Fannie Mae Reminds Homeowners and Servicers of Options …
August 15, 2016 Fannie Mae Reminds Homeowners and Servicers of Options for Areas Affected by the Louisiana Flooding Pete Bakel 202-752-2034 WASHINGTON, DC – Fannie Mae (FNMA/OTC) is reminding those affected by the floods in Louisiana of the options available for mortgage assistance. Under Fannie Mae’s guidelines for single-family mortgages, servicers have the ability to […]
Freddie Mac August 2016 Outlook
MCLEAN, VA–(Marketwired – Aug 15, 2016) – Freddie Mac (OTCQB: FMCC) released today its monthly Outlook for August showing that for the first time since 2012, mortgage originations are expected to top $2 trillion in 2016. Low mortgage interest rates are spurring a burst of refinance activity, and strong home sales and house price growth […]
Mortgage rates for Friday, August 15
Mortgage rates are mixed today The average rate on 30-year fixed mortgages fell, the average rate on 15-year mortgages fell and the average rate on 5/1 ARMs rose. Rates on mortgages change daily, but overall, they are at near record lows. If you’re in the market to purchase or refinance, it’s a great time to […]
Home equity rates for Friday, August 15
Home equity rates fell today. The average rate on a 30K home equity loan fell, the average rate on a 50K home equity loan fell and the average rate on a 30K FICO-based HELOC fell. Rates on home equity may fluctuate, but it’s important to remember that they are currently around historic lows. If home […]
The 5 worst cities for underwater homes
© donvictorio/Shutterstock.com The 5 worst cities for underwater homes Nearly 12% of all U.S. homes with a mortgage were considered seriously underwater during the second quarter of 2016, according to ATTOM Data Solutions, the parent company of RealtyTrac. That’s a staggering 6.7 million properties. “Seriously underwater” means the homeowner has a loan-to-value, or LTV, ratio […]
Mortgage rates for Friday, August 12
Mortgage rates rose today. The average rate on 30-year fixed mortgages inched up, the average rate on 15-year mortgages rose and the average rate on 5/1 ARMs rose. Rates on mortgages change daily, but overall, they are at near record lows. If you’re in the market to purchase or refinance, it’s a great time to […]
Home equity rates for Friday, August 12
Home equity rates fell today. The average rate on a 30K home equity loan fell, the average rate on a 50K home equity loan fell and the average rate on a 30K FICO-based HELOC fell. Rates on home equity may fluctuate, but it’s important to remember that they are currently around historic lows. If home […]
Bernie Sanders buys 3rd home, for $575K
Does owning a vacation home make Bernie Sanders a 1-percenter? Probably not; he might be more like a 3.5-percenter.
Freddie Mac Prices New $2.25 Billion Five-Year Reference Notes(R) Security
Freddie Mac Prices New $2.25 Billion Five-Year Reference Notes(R) Security
Mortgage rates for Thursday, August 11
If you’re purchasing or refinancing, it’s a great time to lock in a rate.
