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U.S. housing market needs 1.5 million more homes, Freddie Mac finds
Fast Company Magazine· 12 hours agoThe U.S. housing market is short at least 760,000 for-sale housing units and short another 760,000...
Daily mortgage rates for June 4, 2024: Rates hold relatively steady on popular terms
AOL· 11 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...
Mack Real Estate Group Faces Foreclosures
The Real Deal· 11 hours agoThe lenders lodged the complaints on behalf of the bondholders on the securitized debt.
Nonbank Hometown Lenders files for bankruptcy
HousingWire via Yahoo Finance· 4 hours agoIndependent mortgage banker Hometown Lenders has filed for Chapter 11 bankruptcy protection in Alabama, blaming the Federal Reserve's policy to curb...
How Long Will Interest Rates Stay High?
GoBankingRates via AOL· 2 days agoHigher Interest Rates: Quick Take According to Freddie Mac’s weekly mortgage rate report released on May 23, the average rate for a 30-year fixed-rate...
How much equity do you need to refinance?
Bankrate via AOL· 1 hour agoRefinances for low- to no-equity mortgages For those who are underwater on a home loan (in other words, you owe more than the home is worth) or have...
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· 23 hours agoThe 30-year fixed mortgage rate has ticked higher, spiking past 7% in the last week of May,...
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...