Former Obama adviser: Expect Biden to prioritize housing
Jim Parrott, a nonresident fellow at the Urban Institute, said housing is 'not an abstraction' for the president-elect at National Association of Realtors' Real Estate Forecast Summit
by Andrea V. Brambila Dec 11
Foreclosure filings decline as moratorium is extended through January
U.S. foreclosure filings decreased 14% in November 2020 from the month before and dropped 80% year over year
Mortgages in forbearance remained steady over Thanksgiving
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
Mortgage rates fall to record new low as home sales begin to sputter
The average rate for a 30-year, fixed-rate mortgage fell to 2.71%, the lowest number ever recorded by Freddie Mac's weekly survey of rates, which dates back to 1971
by Patrick Kearns Dec 3
Mortgage rates set new record low for 13th time in 2020
The average 30-year mortgage hit an all-time low of 2.72%, according to Freddie Mac
by Patrick Kearns Nov 19
David Brickman to leave Freddie Mac amid conservatorship woes
Freddie Mac CEO David Brickman's resignation will take effect on Jan. 8 as the enterprise continues its battle to exit a decade-long conservatorship
by Marian McPherson Nov 13
Mortgage rates hit another historic low amid electoral uncertainty
With 30-year, fixed-rate mortgages dropping to 2.78%, it's the 12th time this year that rates have hit a new low, according to data released Thursday by Freddie Mac
by Patrick Kearns Nov 5
Here's how Trump and Biden stack up on housing issues
The president and former vice president have sharply divergent views of how to handle things like housing affordability, discrimination and homelessness
by Jim Dalrymple II Nov 3
Low mortgage rates are propping up economy and propelling growth
The average rate for a 30-year, fixed-rate mortgage was 2.81%, a shave higher than last week's historic low of 2.8%, according to Freddie Mac's Primary Mortgage Market Survey
by Patrick Kearns Oct 29
inventory crisis
Prices increased 1.5% from July to August according to Federal Housing Finance Agency data, the largest increase since 1991
by Patrick Kearns Oct 27
Share of mortgages in forbearance drops to lowest level since April
Mortgages in forbearance decreased from 6.93% of servicers' portfolio volume to 6.87% during the week ending Sept. 20, according to the Mortgage Bankers Association
by Lillian Dickerson Sep 29
Mortgages in forbearance drop again, but that trend could reverse
As Congress continues to be at a standstill in passing a second stimulus bill to support Americans who have become unemployed as a result of the pandemic, it's likely forbearance rates could increase in upcoming weeks
by Lillian Dickerson Sep 14