Freddie Mac

Mortgage Rates Holding Steady for Third Week in a row


Mortgage rates have been holding steady for the third week straight, according to recent real estate market data.  This week, thirty-year fixed-rate home loans averaged 4.51 percent with an average 0.8 point, which was up from 4.51 percent with an average 0.7 point from a week previous.  A year ago this same thirty-year fixed-rate mortgages … Continue reading Mortgage Rates Holding Steady for Third Week in a row

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Be Aware That Freddie Mac Has Introduced New Fees And Has Increased Others


Since home prices have continued to fall, Freddie Mac has determined that they are at a heightened risk of many more mortgage defaults and claims.  They report that there may be even more of a housing price decrease in 2009. In light of this news they have increased several fees and added new ones. One of their new fees is a 0.75% fee [...]

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