Freddie Archive

Low Rates, But Who Can Get Them?

The average rate for a 30-year fixed rate mortgage hit another all-time low last week according to Freddie Mac. Last week’s average rate was 3.49 percent, breaking the 3.5 percent threshold and more than a full point below the...

Add Jobs: Adopt Reasonable Credit Requirements for Residential Mortgages

The Great Recession is over, but we are still short on jobs.  In responding to the Realtors® Confidence Index NAR members indicate that credit standards continue to be unreasonably tight.  The level of home sales appears to be held...

HARP Still Hamstrung

The administration introduced HARP 2.0 in the fall, which among other things eliminated the loan-to-value limits on certain loans refinanced by Fannie Mae and Freddie Mac.  Those changes were put in place in March and appear to have made...

Cutting Through the Red Tape

The concept of utilizing a large scale refinance program to aid the ailing housing market and to stimulate the economy has been floating around since 2008 (1). Since then, rates eased below 4.0%, yet millions of Americans have not...

Government Home Price Data Shows National Growth

NAR Research’s Home Price Monitor Series reviews national home prices by examining several widely cited national measurements. It is released monthly and allows REALTORS® to gain insight into the recent performance of national prices, factors affecting that performance, and...