Freddie Mac Announces First Automated Assessment of Direct Deposit Income
Freddie Mac announced the company will launch a new, automated capability that allows mortgage lenders to assess a prospective homebuyer’s ...
Tag: Freddie Mac
Fixed Rates for 30-Year Loans Continue Their Upward Momentum
Freddie Mac released its latest Primary Mortgage Market Survey (PMMS), which showed a notable uptick, as the 30-year fixed-rate mortgage (FRM) averaged 3.69%. ...
Freddie Mac Sets LIHTC Equity Record with $675 Million in Affordable Multifamily Housing Investments
In closing a record $675 million in Low-Income Housing Tax Credit (LIHTC) equity investments in 2021, Freddie Mac also announced ...
Multifamily Rent Gains Continue in January
Multifamily rent prices continued to rise in January, up $8 and reaching a U.S. average of $1,604, according to the ...
Mortgage Rates Remain Unchanged From Last Week
The 30-year fixed-rate mortgage averaged 3.55% this week, remaining unchanged from the previous week, according to Freddie Mac’s Primary Mortgage ...
Mortgage Rates Remain Flat
After a month of rising mortgage rate increases, this week’s data shows a flattening, according to Freddie Mac’s Primary Mortgage ...
Mortgage Rates Rise to Highest Level Since Onset of Pandemic
Mortgage rates continued their upward trajectory for the fourth straight week, rising to their highest level since the beginning of ...
Share of Mortgage Loans in Forbearance Decreases to 1.41% in December
The Mortgage Bankers Association’s (MBA) new monthly Loan Monitoring Survey release this week revealed that the total number of loans ...
Mortgage Rates Spike to Highest Level Since March 2020
Elevated inflation and the concerns over how federal officials intend to address it led to a significant surge in mortgage ...
Freddie Mac Multifamily 2022 Outlook Projects Another Strong Year for Multifamily Investment
Freddie Mac’s annual multifamily outlook estimates that overall multifamily origination volume will continue to grow in 2022 to between $475 ...
6 Key Numbers Buyers Must Examine Before Committing
“The rate should never be treated as a yes-or-no answer,” says Nick Nastos, founder of Chicago’s Property Shop. “I would be more concerned about a buyer closing with no emergency fund than one accepting a slightly higher rate with a manageable payment and cash still in the... Read more.
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