Reports that exceeded expectations kept rates low: economist. CHICAGO (MarketWatch) — Economic reports that were better than expected kept mortgage rates low this week, Freddie Mac’s chief economist said on Thursday. The 30-year fixed-rate mortgage averaged 5.22% for the week ending Aug. 6, down from 5.25% last week and 6.52% a year ago,
In fact, Freddie Mac chief economist sam Khater said low mortgage rates and stronger wage growth translate into better home sales in the coming months, along with better than expected refinance.
Well housing activity remains near historical lows, Freddie Mac is taking a more optimistic view: There’s still plenty of room to grow. This glass-half-full viewpoint was reflected in the GSE’s.
The Economist offers authoritative insight and opinion on international news, politics, business, finance, science, technology and the connections between them.. Why Fannie Mae and Freddie Mac.
Mercury Network: There’s no need to freak out about Collateral Underwriter Top 4 Deal Killers for Homebuyers – nashvillehotproperties.com – The underwriter is the person who ultimately determines whether or not you are an acceptable credit risk. He or she will assess your ability to repay the loan, your credit, and the collateral used to secure the mortgage – in this case the collateral is the home.
Those of us in Real Estate have seen this coming all year! According to Freddie Mac: "The housing market will turn around in the second half of 2011" And the second half of the year is just 2 days away, so NOW is the time people!First time home buyers. buy NOW! Move-up buyers. sell and buy NOW!
The measure, based on properties with loans backed by mortgage financiers Fannie Mae or Freddie Mac, has declined for. “I think the economy will be reasonably robust in the second quarter and the.
Freddie mac economist sees sunny economy in second half Greetings this Holiday Season.As we wind down the year of 2011, and reflect upon the experiences, some good, some not so, and yet some wonderful, we need to make sure that we understand clearly, that we’re learning, improving our knowledge on and off the court, grasping leadership.
Sen. Paul threatens to hold up Janet Yellen nomination ‘Sen. Rand Paul (R-Ky.) has threatened to block the nomination of Janet Yellen to chair the Federal Reserve, CNBC reported Friday’. ‘Citing a source close to Paul, CNBC wrote that the Kentucky Republican "is insisting on a vote on his Fed transparency bill, and has informed Senate leadership of his intentions."
Contents House chair waters leads Reach critical mass Sees sunny economy 30-year fixed-rate average slipped Worker alleges CFPB ‘trail of victims’. An employee at the Consumer Financial Protection Bureau on Wednesday charged that there is a widespread culture of discrimination and retaliation at the agency, alleging that parts of the bureau are plagued by racialRead More
Progress Residential prices first REO-to-rental securitization for $10 million. Investor/Landlord Co. first forms a REIT and raises $5 million in debt and $5 1 (american homes 4 rent closes 7.7m Securitization, 2014) 2 (Bloomberg Terminal, 2014) 3 (Whelan & Demos, 2013) "Colony says it delayed its IPO because of the bad timing, and indicated that the company will try again when the market improves."
Nearly half of borrowers who refinanced their homes in the first quarter chose the cash-out option, according to data released this week by Freddie Mac. That is the. economists are disgraced (See.