Today’s Mortgage Refinance Rates
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The average 30-year fixed mortgage rate sits at 6.19%, down from 6.54% a year ago. While that decline represents some welcome relief for homebuyers, economists at Fannie Mae and the Mortgage Bankers Association (MBA) believe most of the short-term mortgage ...
Fannie Mae's ESR Group revised its 2025 mortgage rate outlook to 6.3%, slightly boosting single-family originations. The updated forecast also adjusts home sales and GDP growth expectations, reflecting a more optimistic economic outlook. AI Summary Fannie ...
The government-sponsored enterprise has a key forecast for homebuyers. As the inflation rate grew in 2022, the Federal Reserve responded by hiking the federal funds rate to make borrowing more expensive and to slow down consumer demand. This aggressive ...
Fannie Mae and Freddie Mac have added billions of dollars of mortgage-backed securities and home loans to their balance sheets in recent months, fueling speculation that they’re trying to push down lending rates and boost their profitability ahead of a potential public offering.
President Donald Trump is “opportunistically evaluating” taking Fannie Mae and Freddie Mac public as early as the end of the year, says Federal Housing Finance Agency (FHFA) chief William Pulte.
There's good and bad news for home shoppers hoping for lower mortgage rates in 2026 — they're likely to fall more in the new year but shouldn't drop much below 6.0%, if they reach that. But the decrease may help you afford a home .
Six percent is considered by many to be the rate that will awaken the market from its current doldrums. Home buyers who are waiting for loan rates to drop to 6% before jumping back into the market will get their wish. But they’ll likely have to continue ...
Fannie Mae’s Selling Guide expands renovation loan limits, ADU eligibility and manufactured home financing for broader access.
WASHINGTON, Sept. 27, 2023 /PRNewswire/ -- Fannie Mae (FNMA) (OTCQB: FNMA) today announced the winning bidder for its twenty-first Community Impact Pool (CIP) of non-performing loans. The transaction is expected to close on November 17, 2023, and includes ...
UMH Properties, Inc. recently added seven manufactured home communities with 1,765 sites to its Fannie Mae credit facility through Wells Fargo, securing an interest-only US$91.8 million loan at a fixed 5.
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