August 9, 2010 Comments Off on Gov’t likely to keep big mortgage market role
WASHINGTON — Keeping Fannie Mae and Freddie Mac in business will cost taxpayers billions. But getting the federal government out of the mortgage business would cost home buyers dearly, in the form of higher interest rates.
Tagged with: Fannie Mae Freddie Mac taxpayers
Read More »July 27, 2010 Comments Off on Conference set on Fannie, Freddie
WASHINGTON, D.C. — The Obama administration, which has been under fire for not developing a concrete plan for mortgage giants Fannie Mae and Freddie Mac, says it will hold a conference in next month to discuss their future.
Tagged with: Fannie Mae Freddie Mac mortgage
Read More »June 24, 2010 Comments Off on Mortgage rates at lowest point since at least 1971
WASHINGTON, D.C. — Mortgage rates fell this week to the lowest level on records dating to 1971, giving consumers added incentive to lock in low payments for home purchases and refinanced loans.
Tagged with: Freddie Mac mortgage rates
Read More »June 17, 2010 Comments Off on Freddie Mac: Rates up from yearly low
NEW YORK CITY — Rates on 30-year fixed mortgages backed off from yearly lows this week, but still remain historically cheap. Mortgage finance company Freddie Mac says the average rate ...
Tagged with: Freddie Mac mortgage rates
Read More »June 10, 2010 Comments Off on Freddie Mac: Mortgage rates hit low for year
WASHINGTON — Rates on 30-year fixed mortgages fell this week to the lowest level of the year and were barely shy of the all-time low. Mortgage finance company Freddie Mac says the average rate ...
Tagged with: Freddie Mac mortgage rates
Read More »May 27, 2010 Comments Off on Mortgage rates hit year low
WASHINGTON, D.C. — Mortgage rates have fallen to the lowest level of the year as investors poured money into the safe haven of U.S. government securities.
Tagged with: Federal Reserve Freddie Mac mortgage rates
Read More »April 8, 2010 Comments Off on Rates on 30-year loans rise to 5.21 percent
WASHINGTON, D.C. — Rates for 30-year home loans surged last week, rising to the highest level in eight months due to the improving economy and the end of a government push to keep rates low.
Tagged with: Economy Federal Reserve Freddie Mac mortgage rates Mortgages
Read More »March 16, 2010 Comments Off on Fed holds interest rates at record lows
WASHINGTON, D.C. — The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment.
Tagged with: Dow Jones Economy Fannie Mae Fed Federal Reserve Freddie Mac inflation interest rates job market Treasury bonds
Read More »March 11, 2010 Comments Off on Mortgage rates remain below 5 percent
WASHINGTON, D.C. — Mortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been ...
Tagged with: Federal Reserve Freddie Mac mortgage rates
Read More »February 24, 2010 Comments Off on Freddie Mac issues foreclosure warning
WASHINGTON, D.C. — Freddie Mac lost almost $26 billion last year, ominous news for taxpayers who are footing the bill to rescue the mortgage finance company and its sibling Fannie Mae.
Tagged with: Fannie Mae Foreclosures Freddie Mac
Read More »
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
NY Daily Record Since 1908