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News from Freddie Mac

Stay current with all the latest and breaking news about Freddie Mac, compare headlines and perspectives between news sources on stories happening today. In total, 121 stories have been published about Freddie Mac which Ground News has aggregated in the past 3 months.

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Mortgage rates climb above 7% to highest level since May

US Economy · United States

Mortgage rates climb above 7% to highest level since May

48% Center coverage: 29 sources

Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges. The average rate on a standard, 30-year fixed mortgage was 7.04% in the week ending January 16, according to a survey of lenders released Thursday by Freddie Mac. It’s the fifth consecutive weekly increase and the highest level since May.See the Story

Trump Taps Private Equity Investor Bill Pulte To Lead Federal Housing Finance Agency - Federal Home Loan (OTC:FMCC), Federal National Mortgage (OTC:FNMA)

Donald Trump · United States

Trump Taps Private Equity Investor Bill Pulte To Lead Federal Housing Finance Agency - Federal Home Loan (OTC:FMCC), Federal National Mortgage (OTC:FNMA)

67% Center coverage: 3 sources

President-elect Donald Trump announced plans Thursday to nominate private equity CEO Bill Pulte as director of the Federal Housing Finance Agency (FHFA). What To Know: If Trump’s selection is confirmed, Pulte will become the top housing regulator, overseeing mortgage giants Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC), which have been in conservatorship since the 2008 financial crisis. The FHFA is expected to play an integral role in ant…See the Story

Biggest US banks ready mortgage relief for victims of Los Angeles wildfires

Wildfires · Los Angeles

Biggest US banks ready mortgage relief for victims of Los Angeles wildfires

100% Right coverage: 3 sources

JPMorgan Chase and Bank of America are easing mortgage repayment conditions for customers affected by the Los Angeles wildfires, as residents grapple with one of the most destructive natural disasters in the city’s history.See the Story

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