Fannie Mae Announces Sale of Non-Performing Loans …

August 10, 2016 Fannie Mae Announces Sale of Non-Performing Loans, Including Community Impact Pools Callie Dosberg 202-752-3117 WASHINGTON, DC – Fannie Mae (FNMA/OTC) today announced its latest sale of non-performing loans, including the fifth Community Impact Pool that the company has offered. This smaller pool of loans is geographically-focused, high occupancy, and is being marketed […]

Mortgage rates for Wednesday, August 10

Mortgage rates are mixed today. The average rate on 30-year fixed mortgages rose, the average rate on 15-year mortgages rose and the average rate on 5/1 ARMs remained unchanged. 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 […]

Freddie Mac Announces the Issuance of a New Five-Year Reference Notes Security

MCLEAN, VA–(Marketwired – Aug 10, 2016) –  Freddie Mac (OTCQB: FMCC) announced today that it plans to issue a new five-year USD Reference Notes® security, CUSIP number 3137EAEC9, due on August 12, 2021. The issue will be priced on Thursday, August 11, 2016, and will settle on Friday, August 12, 2016, at benchmark size. The […]

Home equity rates for Wednesday, August 10

Home equity rates are mixed today. The average rate on a 30K home equity loan fell, the average rate on a 50K home equity loan remained unchanged and the average rate on a 30K FICO-based HELOC rose. While rates on home equity may fluctuate, but it’s important to remember that they are currently around historic […]

The 5 most expensive states to close on a home

mortgage Mortgage » Closing Costs » © ND700/Shutterstock.com Closing costs: 5 most expensive states Which 5 states had the most expensive mortgage closing costs in the nation in 2016? Find out. Bankrate.com conducted its exclusive 2016 survey of closing costs in the largest city in each state, plus Washington, D.C. See which states had the […]

Bankrate survey: Mortgage fees rise, but new regs help consumers

mortgage Mortgage » Closing Costs » Tetra Images/Getty Images Mortgage fees went up only slightly this year, an exclusive Bankrate.com survey finds, even as lenders complain that new federal regulations have dramatically increased their costs. The fees that lenders directly charge to borrowers rose 1.6% in 2016 compared with 2015, Bankrate’s survey of mortgage closing […]

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