Highlights
A collection of news and information related to Freddie Mac published by this site and its partners.
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Sticking with variable-rate mortgage might not be so bad
Real Estate MattersBy Ilyce Glink and Samuel J. Tamkin Q: I owe more on my mortgage than what my house is worth. And, unfortunately, my loan isn't owned by Freddie Mac or Fannie Mae, and it is an adjustable rate. What are my options to refinance my loan into a fixed...Tags: Ilyce Glink, Economy, Business and Finance, Chicago Mortgages, Financial and Business Services, Fannie Mae
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Chicago, federal agency square off in court over vacant building ordinance
The city of Chicago's frustration in dealing with the vacant, foreclosed homes that are causing blight in its neighborhoods was on full display in federal court Wednesday as city attorneys argued that Fannie Mae and Freddie Mac should have to follow its...
Tags: Chicago Mortgages, Financial and Business Services, Crime, Law and Justice, Fannie Mae, Lawyers
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Heritage adds more cash, maintains rating
Heritage Property and Casualty Insurance Co. added millions of dollars to its ability to pay hurricane-season claims and increased its cash surplus in order to maintain its A-Exceptional score with an insurance industry ratings agency. Last week...Tags: Economy, Business and Finance, Insurance, Fannie Mae, Finance, Florida Legislature
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Web Winners: Sites to help you set financial goals
The Philadelphia InquirerPersonal financial success however you define it is more likely if you've set goals and have a plan to reach them. Oh, and you'll need a job, too. Get some advice on setting goals (and getting a job) from these sites. You've grown up. You may or may...Tags: Equifax Incorporated, The Philadelphia Inquirer, Credit and Debt, Fannie Mae, Finance
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Huge home price gains expected to moderate as supply increases
Dramatic double-digit percentage home price gains have raised concerns of a new housing bubble, but those eye-popping increases should moderate by the end of this year as more supply comes on the market, according to a national real estate data firm....
Tags: Inventories, Rentals, Land Price, Credit Ratings, Real Estate Buyers
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Era of falling interest rates appears to be over
For all the mixed messages from the Fed and the uncertainty that has roiled financial markets recently, one thing looks very clear: The era of declining interest rates is over. After three decades in which borrowing costs for Americans have pretty...
Tags: Ben Bernanke, Financial and Business Services, Consumer Confidence, JPMorgan Chase & Co., Finance
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Housing Starts in U.S. Increased in May to 914,000 Annual Rate
June 18 (Bloomberg) -- Beginning construction of new U.S. homes increased in May and permits to build single-family houses rose to a five-year high, extending a rebound that is helping shore up the expansion. Housing starts climbed 6.8 percent, less than...Tags: Corporate Officers, Companies and Corporations, Ben Bernanke, House Building, Financial and Business Services
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Stronger economy causes mortgage rate increase
If you're in the market to buy a home, you may not want to drag your feet. Those record low fixed mortgage rates aren't so low anymore. The federal reserve bought billions of dollars in bonds and securities to boost the housing market, which allowed...
Tags: Economy, Business and Finance, Financial and Business Services, Finance, Money and Monetary Policy, Services and Shopping
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Growing appeal for 10-year mortgages
The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant niche option, are now...Tags: Economy, Business and Finance, Fannie Mae, Finance, Federal Reserve, Money and Monetary Policy
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Refinancing into shorter mortgages appears to grow more popular
WASHINGTON — The refinancing boom may be cooling down, but the move to shorter mortgages — especially 10-year loans among pre-retirees — appears to be accelerating. Some community banks say 10-year mortgages, once an insignificant...
Tags: The Washington Post, Fannie Mae, Finance, Rockville (Bethlehem, Pennsylvania), Banking
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Consumer Sentiment in U.S. Fell in June From Six-Year High
Consumer confidence in June eased from a six-year high as progress in the labor market supported Americans' views of the economic outlook. The Thomson Reuters/University of Michigan preliminary index of consumer sentiment declined to 82.7 in June from...Tags: Stamford, Consumer Confidence, Finance, Labor Markets, Consumers
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Freddie Mac: 30-year mortgage rate rises to 3.98%, 14-month high
Are 30-year fixed-rate mortgages with interest rates beginning with a “3” soon to become something found only in the history books? That prospect appeared more likely Thursday, as Freddie Mac reported that the average rate that lenders...
Tags: Federal Reserve, Credit Ratings, Mortgages
Jun 20, 2013
|Column| Tribune Media Services
Jun 20, 2013
|Story| Chicago Tribune
Jun 19, 2013
|Story| South Florida Sun-Sentinel
Jun 19, 2013
|Story| McClatchy-Tribune
Jun 19, 2013
|Story| Los Angeles Times
Jun 18, 2013
|Story| Los Angeles Times
Jun 18, 2013
|Story| Allentown Morning Call
Jun 16, 2013
|Story| WSBT-TV
Jun 15, 2013
|Story| Hartford Courant
Jun 14, 2013
|Story| Los Angeles Times
Jun 14, 2013
|Story| Allentown Morning Call
Jun 13, 2013
|Story| Los Angeles Times
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