‘Jumbo’ Loans Getting Smaller

Friday, January 23rd, 2009 Posted in Uncategorized | Comments Off

Those jumbo loans that came with lower interest rates and smaller down payments may disappear any day now. The Federal Housing Administration, Fannie Mae and Freddie Mac earlier this year announced ... Read more..

December Round Up: Rates Hit New Low

Wednesday, January 14th, 2009 Posted in Uncategorized | Comments Off

In Freddie Mac's results of its Primary Mortgage Market Survey the 30-year fixed-rate mortgage (FRM) averaged 5.14 percent with an average 0.8 point for the week ending December 24, 2008, ... Read more..

Fix Housing First Coalition Seeks To Revive Economy

Monday, January 12th, 2009 Posted in Uncategorized | Comments Off

  The National Association of Home Builders (NAHB) is spearheading Fix Housing First, one of the largest coalitions of housing advocates ever assembled in the United States, to push for ... Read more..

Quick! Take That Low-Interest-Rate Holiday

Friday, January 9th, 2009 Posted in Uncategorized | Comments Off

  One holiday Blue Light Special appears to be working. Interest rates are as low as they been since Freddie Mac started tracking them, refinancing applications are soaring and home ... Read more..

Investor Report: Rethinking Controversial Limits

Friday, January 2nd, 2009 Posted in Uncategorized | Comments Off

Here's some potentially good news for investors from the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. James Lockhart, who runs the agency, says there's been some "re-thinking" ... Read more..

November Round Up: Rates Falling

Tuesday, December 2nd, 2008 Posted in Uncategorized | Comments Off

In Freddie Mac's results of its Primary Mortgage Market Survey the 30-year fixed-rate mortgage averaged 5.97 percent with an average 0.7 point for the week ending November 26, 2008, down ... Read more..

FHA Still Going Strong

Monday, November 17th, 2008 Posted in Uncategorized | Comments Off

The country's top housing official has an urgent message for potential home buyers: You may have heard that the credit markets were "frozen," but FHA has been open for business ... Read more..

October Round Up: Rates Tick Up

Monday, November 3rd, 2008 Posted in Uncategorized | Comments Off

In Freddie Mac's results of its Primary Mortgage Market Survey (PMMS) the 30-year fixed-rate mortgage (FRM) averaged 6.46 percent with an average 0.7 point for the week ending October 30, ... Read more..

September Round Up: Mortgage Rates Up

Sunday, October 5th, 2008 Posted in Uncategorized | Comments Off

In Freddie Mac's results of its Primary Mortgage Market Survey (PMMS) the 30-year fixed-rate mortgage (FRM) averaged 6.09 percent with an average 0.7 point for the week ending September 25, ... Read more..

Long-Term Mortgage Rates Barely Move this Week

Saturday, October 4th, 2008 Posted in Uncategorized | Comments Off

McLEAN, VA -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 6.10 percent with an average ... Read more..