California closing costs
mortgage Mortgage » Closing Costs » United States » Loan amount: $200,000 California closing costs Average origination fees charged by lenders $937 Average third-party fees $896 Average origination plus third-party fees $1,834 Itemized fee averagesBelow are listed the averages for fees. Added up, they do not equal the averages listed above. That’s because each lender […]
Freddie Mac Issues Dodd-Frank Stress Test Results
MCLEAN, VA–(Marketwired – Aug 8, 2016) – Freddie Mac (OTCQB: FMCC) today issued the company’s stress test results for the severely adverse scenario conducted under FHFA’s rule implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act. Dodd-Frank requires certain financial companies with more than $10 billion in assets to perform annual stress tests to […]
Statements – Stress Test Results | Fannie Mae
August 08, 2016 Stress Test Results Pete Bakel 202-752-2034 As required under the Dodd-Frank legislation, Fannie Mae (FNMA/OTC) conducted a stress test reflecting three hypothetical economic scenarios. The results of the severely adverse scenario were published today by the Federal Housing Finance Agency (FHFA) and Fannie Mae. The hypothetical severely adverse scenario was created by […]
Freddie Mac Multifamily Launches Green Advantage(SM) to Promote Affordable, Resource-Efficient Rentals
MCLEAN, VA–(Marketwired – Aug 8, 2016) – Freddie Mac (OTCQB: FMCC) today launched the Freddie Mac Multifamily Green Advantage(SM), a flexible, cost-effective suite of offerings to finance resource-efficient multifamily rental housing that is available with most Freddie Mac multifamily loan products. Under Green Advantage, borrowers can choose either Green Up(SM) or Green Up Plus(SM) to […]
Mortgage rates for Monday, August 8
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 fell. 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 Monday, August 8
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. Home equity rates may fluctuate, but it’s important to remember that they are currently around historic lows. If home improvement […]
News Release – Home Purchase Sentiment Index Surpasses …
August 08, 2016 Home Purchase Sentiment Index Surpasses Survey High, Reaching 86.5 in July HPSI Returns to Gradual Upward Trend As Housing Market Indicators and Wages Pick Up; Possible Shift Among Millennials Toward Buying Rather than Renting Jennifer Lucas 202-752-6497 WASHINGTON, DC – Fannie Mae’s Home Purchase Sentiment Index® (HPSI) increased 3.3 points to 86.5 […]
Private reverse mortgage in the family
mortgage Taking cash out of your home through a reverse mortgage can be expensive. Closing costs, lender fees and certain mortgage insurance costs must be paid upfront, and you face interest charges and ongoing mortgage insurance premiums over time. And, a 2015 report from the Consumer Financial Protection Bureau said the potential risks of reverse […]
Larry Bird sinks price to unload his fab Florida home
Larry Bird: Bruce Glikas/Getty Images; House: Realtor.com Price: $4.6 million Naples, Florida Amenities 6,007 square feet 4 bedrooms 6 baths Pool with tiki hut NBA Hall of Famer Larry Bird is banking on a longshot to sell his waterfront home in Florida and has dunked the asking price by $200,000 after 3 years on the […]
Mortgage rates for Friday, August 5
Mortgage rates fell again 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 fell. 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 […]
