Dodgers’ Freddie Freeman goes to emergency room for son’s health scare
Dodgers All-Star first baseman Freddie Freeman and his wife, Chelsea, experienced every parent’s worst nightmare on Wednesday when they had to take their young son to the emergency room. Chelsea posted on her Instagram Story on Wednesday that the couple’s 3-year-old son, Maximus, had suffered what she thought was a temporary form of synovitis, which […]
Mortgage rates lower as talk of interest rate cuts intensify: Freddie Mac
Mortgage rates are falling, but borrowers are hesitant in hopes that rates will fall further. (iStock) Mortgage rates fell further this week on reassurance that strong economic data and favorable inflation reports may finally lead the Federal Reserve to cut rates. According to Freddie Mac’s latest report, the average 30-year fixed-rate mortgage for the week […]
Mortgage rates trickle down, but home prices remain high: Freddie Mac
Mortgage rates didn’t fall much this week, offering no relief to buyers. (iStock) Prospective homebuyers didn’t get much reassurance about mortgage rates this week, with the average rate on a 30-year fixed-rate mortgage barely changing at 6.86% from 6.87%. Freddie Mac is. Last year, interest rates didn’t vary much, averaging 6.71% for a 30-year mortgage […]
Mortgage rates on the decline while applications rise: Freddie Mac
Mortgage rates are likely to continue to fall as the Federal Reserve has signaled it will start cutting interest rates. (iStock) Mortgage rates fell for a second straight week in response to positive economic data, according to Freddie Mac. According to Freddie Mac’s latest report, the average 30-year fixed-rate mortgage for the week ending June […]
Mortgage rates today Freddie Mac
Real estate investor Grant Cardon appeared on Fox & Friends to argue that now is the worst time in life to buy a house. Mortgage rates rose above the 7% threshold in the last report but fell to just below 7% this week. Interest rates remain high and are weighing on the housing market. Freddie […]
Mortgage rates tick up as Fed signals delay on interest rate cuts: Freddie Mac
Home buyers saw borrowing costs rise again last week. (iStock) After weeks of declines, mortgage rates reversed course this week, rising back above 7%, according to Freddie Mac. According to Freddie Mac’s latest report, the average 30-year fixed-rate mortgage for the week ending May 30 was 7.03%. Primary mortgage market researchThat’s up from an average […]
Freddie Mac proposes buying home equity loans
Government-backed mortgage securitizer Freddie Mac is considering whether to expand its portfolio of first-time mortgages and become a buyer of home-equity loans, a move that could offer borrowers more favorable terms than they can get in the private credit market. Public comment on the proposal, which closed less than a week ago, has drawn praise […]
Prosecutor Who Charged Officers In Freddie Gray Death Spared Prison Time After Fraud And Perjury Conviction
Baltimore City’s former top prosecutor was convicted of perjury and mortgage fraud but avoided prison time at his sentencing hearing on Thursday, the Associated Press reported. A federal judge has sentenced Marilyn Mosby, who gained national fame in 2015 when she accused police officers of involvement in Freddie Gray’s death, to 12 months of home […]
Mortgage rates dip lower on positive inflation news, hold at near 7%: Freddie Mac
Buyers in the market saw borrowing costs fall slightly this week. (iStock) Mortgage rates rose above 7% again this week, but Freddie Mac said April’s inflation numbers were a promising step toward relief. The average interest rate on a 30-year fixed-rate mortgage for the week ending May 16 was 7.02%, according to Freddie Mac’s latest […]
Mortgage rates dropped this week, but still sit above 7%: Freddie Mac
Interest rates on 30-year mortgages fell from 7.22% to 7.09%. (iStock) Mortgage rates have been rising steadily in recent weeks, but rates are finally starting to fall. As of May 9, the average 30-year fixed rate mortgage interest rate was 7.09%. Reported by Freddie Mac. This is a significant drop from last week, when interest […]