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Ask a real estate pro: Loan modifications to get easier
Sentinel CorrespondentBoard-certified real estate lawyer Gary M. Singer writes about the housing market at SunSentinel.com/housekeys each Friday. To ask him a question, click here. Q: I heard about a new program in which mortgage companies Fannie Mae and Freddie Mac will do...Tags: Mortgages, Realty, Justice System, Legal Services, Fannie Mae
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Buying foreclosures requires patience, and a little more money
It's still possible to buy a foreclosure and make it the home of your dreams. It's just harder these days. Investors, both individuals and national corporations, are rushing into the market with the intent of turning foreclosed properties into cash-...
Tags: Foreclosures, Federal Housing Administration, Property, Real Estate Sellers, Rentals
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Mortgage interest rates dip slightly
Sun SentinelAverage interest rates on both 15-year and 30-year home loans dropped slightly this week, Freddie Mac said Thursday. The average 30-year, fixed-rate home loan declined to 3.54 percent after it had increased to 3.57 percent last week, the secondary...Tags: Money and Monetary Policy, Economy, Business and Finance, Finance, Loans
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Freddie Mac: 30-year mortgage rate falls from 3.57% to 3.54%
Mortgage rates dropped slightly during the first half of this week in reaction to news of slower growth in the economy, with lenders offering the 30-year fixed-rate loan at an average 3.54%, down from 3.57% a week ago, according to Freddie Mac’s...Tags: Mortgages, Automatic Data Processing, Inc., Financial and Business Services, Consumers, Bankrate Incorporated
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30-year mortgage rates drop, but still above 3.5%
Sun SentinelAverage interest rates on 30-year home loans dropped to 3.51 percent this week, but remained above 3.5 percent for the fifth week in five months, Freddie Mac said Thursday. The average 30-year, fixed-rate home loan was at 3.56 percent last week, the...Tags: Loans
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Fannie Mae posts record annual profit of $17.2 billion
WASHINGTON — Taxpayer-owned Fannie Mae and Freddie Mac are back in the black, but it's unlikely to keep the nation's housing finance giants from being dismantled. Boosted by the recovery in the housing market, Fannie Mae on Tuesday reported a...
Tags: Politics, Realty, Financial and Business Services, Federal Housing Administration, Companies and Corporations
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Rescued Fannie Mae posts record profit as housing market rebounds
WASHINGTON -- Bailed-out Fannie Mae on Tuesday reported a record $17.2 billion profit for 2012, driven by the housing-market recovery and a big settlement with Bank of America related to soured mortgages during the subprime boom. The housing finance...
Tags: Mortgages, Federal Bailout Funds, Bank of America Corp., Economy, Business and Finance, Countrywide Financial Corp.
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Mortgage rates increase slightly as demand for homes rise
Sun SentinelAverage interest rates on both 15-year and 30-year home loans rose slightly this week as the spring home buying season began, Freddie Mac said Thursday. The average 30-year, fixed-rate home loan increased to 3.57 percent after it dropped to 3.54 percent...Tags: Real Estate Sales, Mortgages, Loans
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Freddie Mac: 30-year fixed mortgage rate at 3.57%, up slightly
Borrowers with solid credit were being offered 30-year fixed home loans at an average 3.57% this week, up from 3.54% a week ago, according to Freddie Mac's latest survey. The average offering rate for a 15-year mortgage -- a popular option for those...Tags: Mortgages, Financial and Business Services, Economy, Business and Finance, Finance
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30-year mortgage interest rates inch up slightly to 3.56%
Sun SentinelAverage interest rates on 30-year home loans increased slightly to 3.56 percent this week, remaining above 3.5 percent for the fourth week in five months, but still near record lows, Freddie Mac said Thursday. The average 30-year, fixed-rate home loan...Tags: Money and Monetary Policy, Economy, Business and Finance, Finance, Loans
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New rules to govern Illinois foreclosures
The Illinois Supreme Court on Friday announced new rules governing mortgage foreclosures that will require lenders to prove to judges that they have exhausted all efforts to help a borrower before seeking a foreclosure judgment against the homeowner. The...
Tags: Foreclosures, Financial and Business Services, Lisa Madigan, U.S. Consumer Financial Protection Bureau, Justice System
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Freddie Mac: 30-year mortgage rate rises slightly to 3.56%
Lenders were offering 30-year fixed mortgages at an average 3.56% this week, up slightly from last week, while the 15-year fixed loan held steady at 2.77%, according to Freddie Mac’s weekly survey. Start rates on adjustable mortgages were flat...
Tags: Mortgages
Apr 4, 2013
|Story| South Florida Sun-Sentinel
Apr 5, 2013
|Column| Chicago Tribune
Apr 4, 2013
|Story| South Florida Sun-Sentinel
Apr 4, 2013
|Story| Los Angeles Times
Feb 28, 2013
|Story| South Florida Sun-Sentinel
Apr 2, 2013
|Story| Los Angeles Times
Apr 2, 2013
|Story| Los Angeles Times
Mar 28, 2013
|Story| South Florida Sun-Sentinel
Mar 28, 2013
|Story| Los Angeles Times
Feb 21, 2013
|Story| South Florida Sun-Sentinel
Feb 22, 2013
|Story| Chicago Tribune
Feb 21, 2013
|Story| Los Angeles Times
Original site for Freddie Mac topic gallery.