Homeownership rate hits 51-year low
The homeownership rate fell to the lowest level since 1965. Hero Images/Getty Images The U.S. homeownership rate hit a 51-year low in the second quarter, falling to 62.9% compared with 63.5% in the first quarter and 63.4% in the year-earlier quarter, the Census Bureau reported Thursday. The last time the rate hit 62.9% was in […]
Freddie Mac Prices Tenth Guaranteed Multifamily Small Balance Loan Securitization of 2016
MCLEAN, VA–(Marketwired – Aug 2, 2016) – Freddie Mac (OTCQB: FMCC) announces the pricing of the SB20 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $268 million in Multifamily SB Certificates (SB20 Certificates), which are anticipated to […]
Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-F19
MCLEAN, VA–(Marketwired – Aug 2, 2016) – Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with predominantly 7-year terms. The approximately $1.1 billion in K Certificates (K-F19 Certificates) are expected to settle on or about August 17, 2016. K-F19 Pricing […]
Freddie Mac Releases Multifamily Mid-Year Outlook
MCLEAN, VA–(Marketwired – Aug 2, 2016) – The Freddie Mac (OTCQB: FMCC) Multifamily Research Group today released its Multifamily Mid-Year Outlook for 2016. A video preview along with the complete Outlook is available here. Outlook Highlights: Nationally, multifamily origination volumes are on track to increase seven percent and set a new annual record of $280 billion […]
Fannie Mae Prices Latest Connecticut Avenue Securities Risk …
August 02, 2016 Fannie Mae Prices Latest Connecticut Avenue Securities Risk Sharing Deal Reference Pool Loans Have LTVs Over 80 Percent Callie Dosberg 202-752-3117 WASHINGTON, DC – Fannie Mae (FNMA/OTC) has priced its latest credit risk sharing transaction under its Connecticut Avenue Securities™ (CAS) series, a $1.20 billion note offering scheduled to settle on Wednesday, […]
Mortgage rates for Tuesday, August 2
Mortgage rates dropped 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 lock […]
Home equity rates for Tuesday, August 2
Home equity rates mostly fell today. The average rate on a 30K home equity loan rose, 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 […]
Refinance rates for Tuesday, August 2
©Monkey Business Images/Shutterstock.com Refinance rates mostly inched up today. The average rate on 30-year fixed refinances rose, the average rate on 15-year refinances rose and the average rate on 10-year refinances fell. While rates on mortgage refinances change daily, overall, they are currently near historical lows. Be sure to shop around for the best refinance […]
Wells Fargo rates and news for Tuesday, August 2
Riley Arthur/Bankrate Wells Fargo’s rates are staying competitive on mortgages, auto loans and credit cards. Overall, rates on loans are historically low. Those seeking a loan will find it’s a good time to be in the market. Wells Fargo mortgage rates The rate on a 30-year fixed-rate loan from Wells Fargo is 3.625%, around a […]
Freddie Mac Reports Second Quarter 2016 Financial Results
MCLEAN, VA–(Marketwired – Aug 2, 2016) – Freddie Mac (OTCQB: FMCC) today reported its second quarter 2016 financial results and filed its quarterly Form 10-Q with the U.S. Securities and Exchange Commission (SEC). The company’s Form 10-Q and press release are available now on the company’s website, www.freddiemac.com/investors, along with the second quarter 2016 financial results […]
