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A collection of news and information related to Freddie Mac published by this site and its partners.
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Is now a good time to refinance your mortgage?
MISHAWAKA – It’s been a bumpy economic ride lately, but perhaps one bright spot is the fact that interest rates are at a 50-year low. Those low rates are creating another rush to local lenders for some area homeowners considering refinancing...Tags: Finance, Politics, Elections, Real Estate, Human Interest
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Firm that threw foreclosure costume party closing
BUFFALO, N.Y. (AP) — An embattled New York foreclosure law firm that was criticized for a Halloween party that mocked the homeless and was recently shunned by Fannie Mae and Freddie Mac will close. A statement issued Monday originally said Steven...Tags: Entertainment Events, Halloween, Fannie Mae
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Key House Republican praises Obama housing plan
WASHINGTON (AP) — The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday. The GOP chairman of...Tags: Economy, Business and Finance, Financial and Business Services, Spencer Bachus, Washington, DC, Elections
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Rate on 30-year fixed mortgage dips to 4.71 pct.
NEW YORK (AP) — Rates on fixed mortgages dipped for the second straight week as Treasury yields fell. Freddie Mac says the average rate on the 30-year mortgage dropped to 4.71 percent this week from 4.77 percent the previous week. It hit a 40-year...Tags: Real Estate, Mortgages
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Rate on 30-year fixed mortgage dips to 4.77 pct.
NEW YORK (AP) — Rates on fixed mortgages dipped this week after rising steadily over the last two months. Freddie Mac says the average rate on the 30-year mortgage dropped to 4.77 percent from 4.86 percent the previous week. It hit a 40-year low...Tags: Real Estate, Mortgages
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Fixed mortgage rates fall to 2011 lows
NEW YORK (AP) — Fixed mortgage rates hit the lowest point of the year for the third straight week. Freddie Mac says the average rate on the 30-year loan fell to 4.60 percent from 4.61 percent. That's the lowest point since mid-December. The average...Tags: Real Estate, Homes, Mortgages
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Average rate on 30-year mortgage dips to 5 percent
NEW YORK (AP) — Fixed mortgage rates inched down this week, following a dip in Treasury yields. Freddie Mac says the average rate on a 30-year fixed mortgage slipped to 5 percent from 5.05 percent last week. It hit a 40-year low of 4.17 percent in...Tags: White House, Real Estate, Mortgages
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Mortgage underwriting rules eased for seniors with assets
WASHINGTON — Here's a heads-up for the growing ranks of seniors whose post-retirement monthly incomes aren't sufficient to qualify for a mortgage under today's tough underwriting standards: Thanks to a rule change by the largest players in the...Tags: Economy, Business and Finance, 401K, Interior Policy, Homes, Fannie Mae
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Foreign central banks' U.S. debt holdings fall: Fed
ReutersNEW YORK (Reuters) - Foreign central banks' overall holdings of U.S. marketable securities at the Federal Reserve fell in the latest week, data from the central bank showed on Thursday. The Fed said its holdings of U.S. securities kept for overseas...Tags: Federal Reserve, Fannie Mae, Central Bank
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Fed balance sheet expands in latest week
ReutersNEW YORK (Reuters) - The Federal Reserve's balance sheet expanded in the latest week on higher holdings of Treasuries and mortgage-backed securities, Fed data released on Thursday showed. The Fed's balance sheet - a broad gauge of its lending to the...Tags: Federal Reserve, Fannie Mae, Mortgages
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Average US rate on 30-year mortgage rises to 3.59 pct.; 15-year up to 2.77 pct.
AP Business WriterWASHINGTON (AP) — Average rates on fixed mortgages rose for the third straight week, hitting their highest levels since mid-March. Still, mortgage rates remained close to historic lows, a trend that should help sustain the housing recovery....Tags: Economy, Business and Finance, Financial and Business Services, Credit Ratings, Washington, DC, Federal Reserve
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Freddie Mac: Mortgage rates higher, 30-year fixed averages 3.59%
Mortgage rates have risen for the third week in a row, with Freddie Mac's survey of lenders pegging the average 30-year fixed-rate home loan at 3.59%, up from 3.51% last week. Fixed-rate 15-year mortgages -- popular during a recent boom in homeowners...Tags: Federal Reserve, Mortgages, Labor Markets, Ben Bernanke, Real Estate Sales
Aug 19, 2011
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Nov 21, 2011
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Mar 1, 2011
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Jan 13, 2011
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Jan 6, 2011
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May 26, 2011
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Feb 17, 2011
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May 23, 2013
|Story| Los Angeles Times
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| Reuters
May 23, 2013
|Story| AP Broadcast
May 23, 2013
|Story| Los Angeles Times
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