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U.S. housing market needs 1.5 million more homes, Freddie Mac finds
Fast Company Magazine· 16 hours agoThe U.S. housing market is short at least 760,000 for-sale housing units and short another 760,000...
Higher interest rates have created 63 'problem banks' and $517 billion in unrealized losses, FDIC...
Business Insider via Yahoo Finance· 40 minutes agoMortgage rates have been on the rise since the start of the year, with the 30-year fixed mortgage...
Daily mortgage rates for June 4, 2024: Rates hold relatively steady on popular terms
AOL· 15 hours agoSee average mortgage rates for today, for a 30-year fixed mortgage, 15-year fixed, jumbo loans,...
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
FOX Business· 4 days agoMortgage rates reversed course this week and headed north of 7% again, following several weeks of...
Mortgage rates snap three-week pullback, pushing average rate on a 30-year home loan back above 7%
Associated Press via AOL· 5 days agoThe rate rose to 7.03% from 6.94% last week, mortgage buyer Freddie Mac said Thursday. Higher...
Mack Real Estate Group Faces Foreclosures
The Real Deal· 15 hours agoThe lenders lodged the complaints on behalf of the bondholders on the securitized debt.
Mortgage rates post biggest jump in over a month as the market dials back expectations of Fed rate...
Market Watch· 5 days agoOne basis point is equal to one hundredth of a percentage point.Freddie Mac’s weekly report on...
Home prices are falling at the fastest pace since 2022 as stubborn interest rates slash demand
Business Insider via Yahoo Finance· 1 day agoThe 30-year fixed mortgage rate has ticked higher, spiking past 7% in the last week of May,...
Nonbank Hometown Lenders files for bankruptcy
HousingWire via Yahoo Finance· 8 hours agoIndependent mortgage banker Hometown Lenders has filed for Chapter 11 bankruptcy protection in Alabama, blaming the Federal Reserve's policy to curb...
GSEs update Flex Modification program, target 20% P&I reduction - HousingWire
HousingWire· 6 days agoFannie Mae and Freddie Mac on Wednesday announced an update to one of their loss-mitigation...
