Why you need Fannie and Freddie
Mortgage giants Fannie Mae and Freddie Mac backed 4 in every 5 mortgage loans originated last year.
Investors driving up prices
In some areas of the country, institutional buyers are pricing individuals out of the market.
Posted in Mortgages
Tagged buyers, individual, institutional, Mortgages, sales
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Could FHA require bailout?
Projected losses of the mortgage insurance agency could be worse than estimated.
Jobs report is just kinda blah
Today's employment report for May is unlikely to do anything to mortgage rates.
Posted in Mortgages
Tagged economy, mortgage rates, Mortgages
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Lack of workers hampers housing
Homebuilders are scrambling to meet demand with too few workers.
Invest cautiously in mortgages
Certain muni bonds are showing record levels of mortgage delinquencies.
Posted in Mortgages
Tagged bonds, delinquencies, Housing Finance Agency, Mortgages, municipal
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Mortgage rates skyrocket
It is possible the 30-year fixed will jump above 4 percent pretty soon.
Posted in Mortgages
Tagged mortgage, mortgage rates, Mortgages, news
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Home prices on a tear
Annual price increases are pointing toward a sustained housing recovery.
Realtors get a boost in pay
Another indicator of an improving housing market: Realtor income is up.
Could QM hurt mortgage borrowers?
The rule that defines what a safe mortgage is could restrict credit.