freddie mac

Potential homebuyers found further relief on Thursday after mortgage rates fell in the U.S. for the fifth consecutive week. The average rate for a 30-year loan fell to 7.22%, down from 7.29% last week, said Freddie Mac, the mortgage-backed securities broker. Although conditions for buyers appear to...

Over the past few weeks, there has been a decline in mortgage rates. Despite this drop, the expense associated with borrowing remains high. The 30-year fixed mortgage rate averaged 7.29% for the week ending Nov. 22, according to Freddie Mac's Primary Mortgage Market...

Existing home sales saw a decline of 0.7% in August, reaching a seasonally adjusted annual rate of 4.04 million, marking a 15.3% drop from the previous year. The dip in home sales comes as median existing-home sales prices climbed 3.9% from a year ago to $407,100, marking the third consecutive...

The baseline conforming loan ceiling for mortgages sponsored by Fannie Mae and Freddie Mac in 2023 will be $726,200, up 12.21%, or $79,000, from 2022, according to a report issued Tuesday by the Federal Housing Finance Agency (FHFA).What Happened: The federal government will support mortgage loans...

Mortgage rates dropped significantly last week as a result of U.S. Bureau of Labor Statistics statistics that showed inflation had slowed in October, which is a boon for potential home buyers. According to Freddie Mac, the 30-year fixed rate average dropped by 47 basis points, from 7.08%...

Mortgage rates dropped significantly last week as a result of U.S. Bureau of Labor Statistics statistics showing that inflation had slowed in October, which is good news for potential home buyers as well as the economy as a whole. According to Mortgage News Daily, the 30-year fixed rate average...

U.S. house prices rose 17.7% from the second quarter of 2021 to the second quarter of 2022, according to the Federal Housing Finance Agency House Price Index (FHFA). House prices were up 4% compared to the first quarter of 2022. FHFA’s seasonally adjusted monthly index for June was up 0....

The month of July saw $37.3 billion in trading volume for stocks that trade on the OTCQK and OTCQB. While some of the stocks that trade over-the-counter are considered penny stocks based on their share price, they are also some of the largest companies in the world and represent a diverse list...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Nearly $24 billion worth of shares traded on OTC Markets last month, down about 2% from December. There were a number of significant...

This article is from Benzinga’s Partner Content team Roughly 5.7 billion shares traded on the OTCQX Best Market in August, the most transparent of OTC Markets’ three tiers. That volume was 3.5x the volume on the second tier, the OTCQB Venture Market, which had 1.6 billion shares trade...

Since former hedge fund manager Whitney Tilson made a bullish call on Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) on Sept. 5, the two stocks are each up more than 40%. In his newsletter this week, Tilson reiterated his bullish stance that GSE...

This post is from Benzinga's Partner Content team More than 4 billion shares—or $7.7 billion—exchanged hands on the OTCQX Best Market and OTCQB Venture Market in July. These were the most active individual securities on each of the top tiers of OTC Markets.  OTCQX Market ...

Owning your home comes with many great benefits. It certainly is the biggest asset for most people. Building equity through appreciated value is a lot like having a savings account — savings that are available to you as a cash-out refinance. This is nothing new; homeowners have always been...

With the second half of 2019 well underway, let’s take a look back at 10 numbers that defined the activity on OTC Markets through the first six months of the year.  1) 187 The number of securities that joined the OTCQX and OTCQB Markets in the first half of the year—60 joined...

Fannie Mae, Freddie Mac and Ginnie Mae control about 70% of single-family mortgage originations. Although they are not quick to change the qualification standards, the government-sponsored enterprises frequently play with the debt-to-income ratio, or DTI.  What The Ratio Means For...