Archives

NEW YORK (CNNMoney.com) – Both Fannie Mae and Freddie Mac moved closer this past quarter toward paying back the $187 billion they received in bailout funds. Fannie reported a $10 billion profit [...]

If you are looking at high-priced homes you may require a larger loan, know in the industry as a “Jumbo Loan.”  If you need to borrow more than $417,000, this is the type of loan [...]

WASHINGTON, D.C. (Houston Business Journal) – Does Texas have fewer delinquent mortgages than other states? A new report says yes. According to the Federal Housing Finance Agency’s Foreclosure [...]

If you’re not behind on your mortgage payments but have been unable to get traditional refinancing because the value of your home has declined, you may be eligible to refinance through MHA’s Home [...]

Wondering why your neighbor that hasn’t paid a mortgage payment in a year is still living nextdoor or down the street from you?  You might not think it’s fair since you pay your [...]

WASHINGTON (Federal Housing Finance Agency) – The Federal Housing Finance Agency (FHFA) has set new objectives for the conservatorships of Fannie Mae and Freddie Mac. The three strategic goals [...]

You can find the original article at Market Watch. By Ronald D. Orol WASHINGTON (MarketWatch) – Freddie Mac on Friday announced that it was moving to help unemployed homeowners by expanding [...]

PLANO (HousingWire.com) – Many jobless homeowners unable to make their monthly mortgage payments will soon get a little help from Fannie Mae and Freddie Mac. The government-sponsored housing [...]

WASHINGTON, D.C. (Associated Press) – After hitting record lows last week, the average rates on 30- and 15-year fixed mortgages dropped again. According to Freddie Mac, the rate on a 30-year [...]

HOUSTON (Houston Business Journal) – Thirty-year mortgage rates fell to 4.78 percent Friday, hitting their lowest level since Freddie Mac started tracking rates in 1970. Adjustable-rate mortgages [...]