Tag Archives: freddie mac

Existing-Home Sales Inch 0.7 Percent Higher in September

WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, according to the … Continue reading

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Mortgage Rates Stuck in Holding Pattern

Daily Real Estate News | Friday, September 29, 2017 The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. “Rates held relatively flat this week,” says Freddie Mac Chief Economist Sean Becketti. “The 10-year Treasury … Continue reading

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New Program to Help Buyers Bypass Appraisals

Daily Real Estate News | Monday, August 21, 2017 Mortgage giant Freddie Mac has announced a new program allowing some home buyers to skip a traditional appraisal, which could lower the fees the buyers pay and speed up the closing … Continue reading

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Mortgage Rates Aren’t Budging

Daily Real Estate News | Friday, August 04, 2017 Mortgage rates have mostly held steady the past few weeks, with the 30-year fixed-rate loan still averaging below 4 percent. “The 10-year Treasury yield was relatively flat this week, as was … Continue reading

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Existing-Home Sales Retreat 1.8% in June

WASHINGTON (July 24, 2017) — Existing-home sales slipped in June as low supply kept homes selling at a near record pace but ultimately ended up muting overall activity, according to the National Association of Realtors®. Only the Midwest saw an … Continue reading

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Mortgage Rates Push Above 4% Average

Daily Real Estate News | Friday, July 14, 2017 Average mortgage rates are moving up, posting increases for the second consecutive week. “After fully absorbing the sharp increases in Treasury yields over the past couple of weeks, the 30-year mortgage … Continue reading

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Existing Home Sales Rise 1.1% in May; Median Sales Price Ascends to New High

WASHINGTON (June 21, 2017) — Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price to a new high while pushing down the median days a home is on … Continue reading

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Homeowners Cash in on Equity in Droves

Daily Real Estate News | Thursday, June 01, 2017 Homeowners may be reluctant to sell, but they still want to see a piece of that equity in their homes now. They’re cashing out in levels that have not been seen … Continue reading

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Mortgage Rates Set a New 2017 Low This Week

Daily Real Estate News | Friday, April 14, 2017 The 30-year fixed-rate mortgage continues to drop this week, setting a new low for 2017, Freddie Mac reports in its weekly mortgage market survey. This marks the fourth consecutive week that … Continue reading

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