News

President Donald Trump congratulated House Speaker Mike Johnson on Thursday following the passage of the GOP budget bill. The ...
Analysts have said the move could send serious profits toward the government, while also warning it could slam mortgage rates.
Tariff and deficit concerns sparked Moody's to downgrade the US's credit rating last week, jolting bond markets and sending mortgage rates higher. They now average 6.86%, according to Freddie Mac.
The notion that the enterprises could be a source of revenue has led to a suggestion that the funds from a public offering ...
The Tunnel to Towers Foundation honored the family of Gunnery Sgt. John Fry by paying off their Lorena, Texas, home as part ...
Fannie and Freddie were once private companies. As the subprime bubble inflated in the early 2000s, they lowered their underwriting standards to remain competitive. When the bubble burst in 2008, ...
Rising prices, mortgage rates, put a chill on spring home buying season as April sales of previously occupied homes fall.
The average rate on the 30-year fixed mortgage rose this week to 6.86%, according to the latest Freddie Mac data released on Thursday. That is up from last week's reading of 6.81%.
Rates on 30-year refi mortgages jumped several points—triggered by bond prices that soared Wednesday in response to President ...
Jason Ruedy, Denver, CO, has noted a growing trend among homeowners who are merging their first and second mortgages in ...
President Donald Trump said Wednesday he is giving "very serious consideration" to taking Fannie Mae and Freddie Mac public, according to Bloomberg. The two mortgage giants have been under government ...
The move could generate $300 billion for the U.S. government but carries the risk of increasing mortgage rates for American ...