FHFA Announces Increases in the 2023 Conforming Loan Limits
The new baseline conforming loan limit value for one-unit properties in 2023 will be $726,200, an increase of $79,000 from ...
Tag: Freddie Mac
Loans in Forbearance Increased Slightly to 0.7% in October
The total number of loans now in forbearance increased by 1 basis point from 0.69% to 0.7% as of October ...
Mortgage Rates Tumble as Data Suggests Inflation May Have Peaked
After a steady climb up and over the 7% mark, the latest mortgage rates tumbled this week on expectations that ...
Mortgage Rates Dip Under 7%
The average 30-year fixed-rate mortgage (FRM) edged down slightly this week to 6.95%, a drop from the previous week’s historic ...
FHFA Announces Targeted Pricing Changes to Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) announced in a release that it is making targeted changes to Fannie Mae and ...
Average 30-Year Fixed-Rate Mortgage Surpasses 7%
The average 30-year-fixed mortgage rate rose to its highest level in two decades this week, as inflation persists. Rates jumped ...
Freddie Mac Announces New Underwriting Innovation to Help Borrowers Qualify
Freddie Mac has announced the launch of a new feature to the underwriting process, designed to increase homeownership opportunities. Underwriting will ...
Mortgage Rates Slow Their Upward Trajectory
Mortgage rates continued toward the 7% mark this week, but slowing it’s upward trajectory with just a slight rise from ...
Mortgage Mix: Rates Climb as Forecasters Look Toward 2023
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. ...
Mortgage Rates Hit 2-Decade High
Mortgage rates climbed this week after briefly easing last week, rising to their highest level since 2002, according to Freddie ...
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