The mortgage giant reported earnings of $2.8B in the first quarter
The 30-year fixed-rate mortgage averaged 2.98%, up slightly from last week’s 2.97%, according to Freddie Mac's Primary Mortgage Market Survey released Thursday
Eligible borrowers on average would see monthly savings between $100 and $250
The 12.2% gain represents an increase of $35K for a median-priced home that sold a year ago at $290K, according to data released Tuesday by the Federal Housing Finance Agency
Average mortgage interest rates for a 30-year fixed rate mortgage dropped to 2.97% for the week ending April 22, according to Freddie Mac’s Primary Mortgage Market Survey
2.3M homeowners still aren't making their monthly mortgage payments
Rising mortgage rates cause Fannie Mae and Freddie Mac to downwardly revise forecasts
The shortage of new homes is pushing up housing prices and threatening to slow down the entire economy, according to a report by Freddie Mac's chief economist
Mortgage rates drop nearly 10 basis points due to market imbalances, according to the latest Primary Mortgage Market Survey from Freddie Mac on Thursday
Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit
After 7 weeks of consecutive increases in mortgage rates, Freddie Mac's most recent survey shows a decrease, giving borrowers the chance to refinance
The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households
But Fannie Mae and Freddie Mac continue to extend options to avoid in-person appraisals
Upward pressure on rates still expected in the long term
The number of mortgages in forbearance dropped below 5% first time since the start of the pandemic