Freddie Archive

66 Percent of First-time Home Buyers Make a Low Down Payment

Based on information gathered from the REALTORS® Confidence Index Survey in the months of December 2014–February 2015, 66 percent of first-time homebuyers made a down payment of 0 to 6 percent. [1] Although this is a decline from the...

Lenders Optimistic on Changes

In recent months, two changes were made to government financing that were intended to improve credit availability.  Mortgage lenders who took part in the 4th quarter Survey of Mortgage Originators agreed that both programs, the new 3% down payment...

Recent Oil Price Trends and What They Mean for the Housing Recovery

Crude oil prices are now trading at slightly below $50/barrel resulting in steep declines in gasoline prices. As of January 5, 2015, the U.S. Energy Information Administration (EIA) reported that the price of regular gasoline was $2.20 /gallon, the...

REALTOR® University Speaker Series: Dr. Nayantara Hensel

Dr. Nayantara Hensel, Associate Director of Policy and Research at the Federal Housing Finance Agency[1], gave an update on the status of the housing market in a presentation at the REALTOR® University Brown Bag Lunch Series recently.   A graduate...

Fannie and Freddie to Back Three Percent-Down Loans, Safely

Recently the FHFA announced that it would begin to allow the GSEs to finance loans with as little as 3% down payments.  This news was received with mixed reviews.  Some view it as an improvement in access for entry-level...