Freddie Mac
It’s been a minute since we checked in on mortgage rates, and there has been no shortage of heartburn in recent months. The downward trajectory of 2025 gave way to the inflationary pressures and economic uncertainty wrought by the war in Iran, dashing the hopes of homebuyers who thought better rates were on the way.…
Mortgage rates are responding to the escalating war in Iran, jumping again for the second week in a row to reach a three-month high on the 30-year. Freddie Mac put the average at 6.22% for the week ending on Thursday, marking another disappointing development for prospective homebuyers standing on the sidelines waiting for rates to…
Prospective homebuyers might have to wait longer for mortgage rates to dip down after the Federal Reserve decided to maintain benchmark interest rates on Wednesday, despite some dissension on the central bank’s board of governors. The move marks the fifth consecutive meeting the Federal Reserve opted against cutting rates. This month’s meeting, however, marked the…
One of the most challenging things for first-time homebuyers is qualifying for a mortgage. Now, folks who have dipped their toes in the cryptocurrency game may soon have a little better luck qualifying if they borrow from Fannie Mae or Freddie Mac. William J. Pulte, director of the Federal Housing Finance Agency (FHFA), recently ordered…
By Ryan Casey Stephens, FPQP®Special Contributor Powerful narratives shape the world around us. How consumers feel about the real estate market can dramatically affect the balance of buyers and sellers in Dallas-Fort Worth. The good news is you have some ability to present the facts, and that is your most important tool as a real…