Freddie Archive

Fannie and Freddie Mistakes

Fannie Mae and Freddie Mac: the mere mention of them arouses passionate anger in many people.  Rightly so.  These two entities, which had taxpayer guarantees, ran their businesses as if they were privately owned.  Fannie and Freddie made huge...

Demand Pulled Forward, Or Breakout Growth?

The housing market in the Washington metro area eased in March, but fundamentals remain strong.  Because of distortions in recent years, it is difficult to know definitively if sales for the entirety of 2012 will outpace 2011.  However, demand...

Mortgage Rates

Each day the Research staff takes a look at recently released economic indicators, addressing what these indicators mean for REALTORS® and their clients. Today’s update discusses mortgage rates....

Principle Reductions Grow

There were several interesting insights published in last week’s report from the Office of the Comptroller of the Currency. In particular, the share of loan modifications that incorporate principle reduction has grown steadily over the last year. Typically an...

Government Home Price Data Shows Growth in Some States

The government price index put out by FHFA that uses Fannie and Freddie loan data on home purchases showed that prices were roughly steady from the 3rd to 4th quarters nationally, slipping only 0.1 percent.  From the 4th quarter...