Posts filtered by tags: Freddie Mac[x]


 

New “opportunity zones” give investors big tax breaks

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary From Freddie Mac’s weekly survey: The 30-year fixed averaged 4.37 percent, down four basis points from last week to the lowest level in a year. Thirty-year rates have increased just once in the past 14 weeks. The 15-year fixed rate averaged 3.81 percent, down three basis points from last week. The Mortgage Bankers Association reported a 3.7 percent decrease in loan application vo...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Pwc, San Diego, Mortgage, Freddie Mac, FHA, Uncle Sam, Inland Empire, Laguna Niguel, Mortgage Bankers Association, Timothy Lee


Sallie Mae Online Bank Account Review – High Interest Rates, No Monthly Fees

Sallie Mae is no longer just for student loans–it’s for savings and loans. In our Sallie Mae Online Bank Account Review, we’ll go through all the ways you can supercharge your savings with low fees and high-interest rates. Sallie Mae Online Bank Kevin Mercadante's rating 9.1 Fees 9.5 Interest R...
Tags: Utah, Marketing, Customer Service, Banking, Bank, Freddie Mac, FDIC, Sallie Mae, Fannie Mae, Upromise, Sallie Mae Bank, SLM Corporation, Navient Corporation, Kevin Mercadante, Sallie Mae Online Bank Account Review, Sallie Mae Online Bank Kevin Mercadante


Mortgage software company Ellie Mae to be acquired for $3.7B

Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech.
Tags: Radio, Mortgage, Acquisition, Freddie Mac, Ellie Mae, Fannie Mae, Equifax, Thoma Bravo, Markets & Economy, News Brief, Mortgage Origination


Thoma Bravo to take Ellie Mae private in $3.7 bln deal: Reuters

Private equity firm Thoma Bravo LLC is acquiring Ellie Mae Inc for $3.7 billion, the mortgage software company said on Tuesday. Ellie Mae shareholders will receive $99 in cash for each share they hold, representing a premium of 21 percent to the stock’s Monday closing price. Ellie Mae shares jumped 21 percent to $99.10 in early trade following the news. The Pleasanton, California-headquartered company provides a cloud-based platform for the mortgage finance industry and enables lenders to origin...
Tags: Trends, Tech, Jefferies, Reuters, Freddie Mac, Ellie Mae, Pleasanton California, Thoma Bravo LLC, Thoma Bravo, PE Deals, Ellie Mae Inc, Equifax Inc Genworth Mortgage Insurance Fannie Mae, Thoma Bravo Cooley, Kirkland Ellis Jefferies


NAR wants to replace Fannie Mae and Freddie Mac

The National Association of Realtors (NAR) wants to replace Fannie Mae and Freddie Mac with a new entity that would be private, but regulated like a utility, that the organization believes would ensure the mortgage industry keeps running long-term.
Tags: Radio, Freddie Mac, NAR, Fannie Mae, National Association of Realtors NAR


Realtors® Release New Vision for Fannie Mae, Freddie Mac Reform

Washington, D.C. – February 7, 2019 (nar.realtor) With over 400 people on hand for the National Association of Realtors®’ Housing Finance Reform Policy Forum, NAR today unveiled a new vision for reforming the GSEs. As featured speakers for the panel titled “NAR’s vision: A plan for secondary finance shaped in the aftermath of adversity for longevity,” co-authors Dr. Susan Wachter, Professor of Real Estate and Finance at the University of Pennsylvania, and Dr. Richard Cooperstein, head of Risk Ma...
Tags: Real Estate, Washington, America, Radio, University of Pennsylvania, Freddie Mac, Congressional, NAR, FHFA, Grand Hyatt, Fannie Mae, National Association of Realtors, Real Estate News, The National Association of Realtors, Real Estate and Finance, Middle America


Blame seniors, not millennials, for housing shortage: Study

Older Americans may be the ones contributing to the current housing shortage, an analysis by economists at Freddie Mac has found.
Tags: Technology, Radio, Predictive Analytics, Freddie Mac, Markets & Economy, News Brief, Realtor.com, Sam Khater


KeyBank arranges $50.2 million Freddie Mac first mortgage loan

Randolph, MA KeyBank Real Estate Capital has arranged a $50.2 million Freddie Mac first mortgage loan for Residences at Great Pond, a recently constructed apartment complex. The 234-unit, mid-rise complex is comprised of four, six-story residential buildings on 16.7 acres....
Tags: Radio, Freddie Mac, KeyBank, Randolph MA KeyBank Real Estate Capital


Congress must act in wake of massive mortgage data breach 

Mortgage borrowers are more of a sitting duck than you could ever have imagined. A recently discovered security lapse exposed more than a decade’s worth of highly sensitive mortgage data from the likes of CitiFinancial, HSBC Life Insurance, Wells Fargo, CapitalOne and the U.S. Department of Housing and Urban Development. Zack Whittaker, security editor of TechCrunch, recently broke the story, explaining how millions of documents were mishandled and exposed. In a follow story, TechCrunch reported...
Tags: Business, Real Estate, Congress, Housing, Sport, Fbi, Soccer, Mortgage, Freddie Mac, Charlie, U S Department of Housing and Urban Development, Laguna Niguel, Whittaker, Fannie Freddie, Ginnie Mae, Consumer Finance Protection Bureau


Freddie Mac: Aging in Place Causing Available Housing Shortage

In 2019, the United States will fall short of meeting its housing needs by roughly 2.5 million units, while simultaneously members of the millennial generation are buying fewer homes at this point in their lives compared with previous generations at similar periods in their lives. While aging in place is touted as the preferred solution for many older households, it could be to blame for a major housing shortage ahead, according to a new report from Freddie Mac. As seniors continue to prefer ...
Tags: Featured, Finance, Data, United States, Freddie Mac, U S Census Bureau, Freddie Mac As


Realtors® to Again Lead Industry Talks on Fannie Mae, Freddie Mac Reform

NAR’s first annual policy forum will unveil a new comprehensive vision for GSE reform. Washington. D.C. – February 1, 2019 (nar.realtor) On February 7, dozens of industry stakeholders and hundreds of invested attendees will gather for the National Association of Realtors®’ first-annual Policy Forum at the Grand Hyatt in Washington. As Congress and the Federal Housing Finance Agency work to develop a framework for GSE reform, NAR will bring together some of the most engaged and influential fig...
Tags: Real Estate, Congress, Washington, America, Radio, University of Pennsylvania, Freddie Mac, NAR, Grand Hyatt, Fannie Mae, National Association of Realtors, Real Estate News, Company Inc, Federal Housing Finance Agency, Fannie, Real Estate and Finance


The Best Interest Rates for February 2019

F inding the best interest rates is a lot easier today than it was even a few years ago. Here at Dough Roller, we track rates on everything from checking and savings accounts to mortgages to CDs. It occurred to me, however, that there was no one single page on the site where you could find the top rate for each type of account. So we created this page, updated monthly, to track the highest (or lowest) rates available. Deal of the Day : CIT Bank is offering a fantastic 2.45% APY on their Saving...
Tags: Marketing, Banking, Lendingtree, Freddie Mac, FDIC, CIT Bank, FNBO Direct, Ally Bank, Best Credit Card Interest Rates Credit Cards, Goldman Sachs Bank USA, Mercantil Bank, APY Goldman Sachs Bank USA, Goldman Sachs USA, BBVA Compass Money Market Account, APY State Farm Bank Money Market Account, HSBC Direct Savings


This Week: The US Slips Down A Step In Global Corruption Index

Experts, analysts and businesspeople polled by an international anti-corruption group perceive the United States as more corrupt than its been in years, Transparency International indicated in its annual global corruption index released this week. For the first time since 2011, the U.S. has fallen out of the world’s 20 best-performing countries on the group’s public sector corruption index, according to Reuters, which flagged the report. Importantly, the index measures perceptions of corrupti...
Tags: News, Washington, White House, US, Barack Obama, United States, Treasury, Bp, Epa, Volkswagen, Interior Department, The Washington Post, Gulf, Trump, Reuters, Malheur National Wildlife Refuge


Consider a bridge loan to avoid in a fire sale

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary From Freddie Mac’s weekly survey: The 30-year fixed averaged 4.46 percent, increasing one basis point from last week. The 15-year fixed rate also increased one basis point from last week landing at 3.89 percent. Rates have been flat for four weeks. The Mortgage Bankers Association reported a 3 percent decrease in loan application volume from the previous week. Bottom line: Assumi...
Tags: Business, Real Estate, Housing, Los Angeles, Sport, Soccer, Mortgage, Orange, Southern California, Freddie Mac, FHA, Laguna Niguel, National Association of Realtors, Mortgage Bankers Association, Orange Counties, Steven Thomas


A glance at US mortgage rates

Long-term U.S. mortgage rates edged up after declining in recent weeks, according to mortgage buyer Freddie Mac. [Author: [email protected]]
Tags: Business, US, Freddie Mac


US average mortgage rates edge up; 30-year at 4.46 percent

WASHINGTON (AP) — U.S. long-term mortgage rates edged up after declining in recent weeks.Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year, fixed-rate mortgage rose to 4.46 percent, from 4.45... [Author: [email protected]]
Tags: Business, Washington, US, Ap, Freddie Mac


Trump tax law gives landlords 20% tax break

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take. Rate news summary From Freddie Mac’s weekly survey: The 30-year fixed averaged 4.45 percent, unchanged from the last two weeks. The 15-year fixed rate also remained unchanged, holding at 3.88 percent. The Mortgage Bankers Association reported a 2.7 percent decrease in loan application volume from the previous week. Bottom line: Assuming a borrower gets the average 30-year fixed rate on a conformin...
Tags: Business, Real Estate, Taxes, Housing, Los Angeles, Sport, Soccer, Mortgage, Orange, Irs, Southern California, Trump, Freddie Mac, Internal Revenue Service, FHA, Laguna Niguel


With Fed Pulling the Reins, Housing to Level Out

With the Federal Reserve indicating a looser policy, the housing market is on a path toward plateauing, according to analysts at Fannie Mae. Fannie Mae’s Economic and Strategic Research Group expects the Fed to hike interest rates once this year, according to its forecast for January, recently released. If so, the decision could give housing a lift, as affordability for beleaguered homebuyers improves. The economy is expected to grow 2.2 percent this year, decelerating due to the fiscal stimulus...
Tags: News, Interest Rates, Housing Market, Economy, Radio, National, Federal Reserve, Mortgage Rates, Latest News, Fed, Duncan, Freddie Mac, Fannie Mae, National Association of Realtors, Doug Duncan, Suzanne De Vita


US average mortgage rates steady; 30-year stays at 4.45 pct.

WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week for the second straight week, sticking at their lowest levels in nine months after six weeks of decline.Mortgage buyer Freddie Mac said Thursday the average rate... [Author: [email protected]]
Tags: Business, Washington, US, Ap, Freddie Mac


Deep Dive for Existing-Home Sales, Falling 6.4 Percent

After gaining ground in November and October, existing-home sales fell last month, dropping 6.4 percent to 4.99 million, the National Association of REALTORS® (NAR) reports. On an annual basis, sales toppled 10.3 percent. Inventory month-to-month slid, as well, but has improved since last year, according to NAR. December inventory was 1.55 million, down from 1.74 million in November but up from 1.46 million in December 2017. “The housing market is obviously very sensitive to mortgage rates,” s...
Tags: News, Housing Market, Radio, National, Latest News, Freddie Mac, COLUMBUS Ohio, NAR, National Association of Realtors, Midland Texas, Yun, Odessa Texas, Real Estate Market, Lawrence Yun, Buying/Selling, Home Prices


Government Shutdown’s Reverse Mortgage Impact, Big and Small

The partial shutdown of the United States federal government that is currently in effect has become the longest one in history, ending its 30th consecutive day on Monday and having widespread ramifications for over 800,000 federal workers and dozens of federal agencies. While direct ramifications to the production of reverse mortgage business have been minimal according to originators, the shutdown’s effects on different aspects of reverse business can still be felt, particularly when looking...
Tags: Featured, Congress, Washington, Finance, White House, Regulation, United States, New York Times, Hud, SEC, Products, Aba, U.s. Government, Freddie Mac, FHA, Urban Institute


GAO-19-239, Housing Finance: Prolonged Conservatorships of Fannie Mae and Freddie Mac Prompt Need for Reform, January 18, 2019

What GAO Found Federal support of the housing finance market remains significant even though the market has largely recovered since the 2007–2009 financial crisis. While down from the peak in...
Tags: GAO, Freddie Mac, Fannie Mae


What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC]

Some Highlights: The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. CoreLogic predicts home prices to appreciate by […]
Tags: Radio, Freddie Mac, Market Information, real estate San Jose


US average mortgage rates steady; 30-year stays at 4.45 pct.

WASHINGTON (AP) — U.S. long-term mortgage rates held steady this week, after falling for six straight weeks to reach their lowest levels in nine months.Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, fixed-rate... [Author: [email protected]]
Tags: Business, Washington, US, Ap, Freddie Mac


U.S. Home Affordability Drops To More Than 10-Year Low In Q4 2018

But Affordability Improves From Previous Quarter in 58 Percent of Local Housing Markets; Wage Growth Outpacing Home Price Growth in 22 Percent of Markets, Including San Diego, Brooklyn, Seattle, San Jose and Manhattan Irvine, CA – Dec. 20, 2018 (PRNewswire) ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q4 2018 U.S. Home Affordability Report, which shows that the U.S. median home price in the fourth quarter was at the least affordable level since Q3 2...
Tags: Real Estate, News, US, Radio, Bureau of Labor Statistics, Brooklyn, Seattle, Freddie Mac, Orange County California, Daren Blomquist, Real Estate News, San Bernardino County California, U S Bureau of Labor Statistics, Los Angeles County California, Monterey County California, San Diego County California


What the government shutdown means for your mortgage

By Holden Lewis, NerdWallet.com The partial federal government shutdown is complicating the already complicated process of getting and managing a mortgage. For one thing, the political storm is like severe weather at a major airport: You can expect minor delays or worse. And if you’re among the 800,000 federal employees going without a regular paycheck, it could mean trouble making a house payment. ICYMI: Lenders coming to aid of workers affected by government shutdown Here’s how the shutdown ...
Tags: New York City, Usda, Sport, Soccer, Va, St Louis, Irs, Wells Fargo, U S Department of Agriculture, Federal Emergency Management Agency, Freddie Mac, Coast Guard, FHA, JPMorgan Chase, Freddie, Federal Housing Administration


The Cost Across Time [INFOGRAPHIC]

Some Highlights: With interest rates still around 4.5%, now is a great time to look back at where rates have been over the last 40 years. Rates are projected to climb to 5.0% by this time next year according to Freddie Mac. The impact your interest rate makes on your monthly mortgage cost is significant! […]
Tags: Radio, Freddie Mac, Market Information, real estate San Jose, Cost Across Time


A glance at US mortgage rates

Long-term U.S. mortgage rates fell this week, reaching their lowest levels in nine months, according to mortgage buyer Freddie Mac, [Author: [email protected]]
Tags: Business, US, Freddie Mac


US average mortgage rates fall; 30-year at 4.45 percent

WASHINGTON (AP) — U.S. long-term mortgage rates continued to fall this week, reaching their lowest levels in nine months. The decline in home borrowing rates in recent weeks has been a spur to prospective homebuyers, reflected in a spike in applications for mortgages. Mortgage buyer Freddie Mac says the average rate on the benchmark 30-year, […]
Tags: Business, News, Washington, US, Ap, Nation, Freddie Mac


Is the Recent Dip in Interest Rates Here to Stay?

Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August to close out the year at 4.55%, according to Freddie Mac’s Primary Mortgage Market Survey. After the first week of 2019, rates have continued their downward […]
Tags: Radio, Freddie Mac, Market Information, real estate San Jose