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25 02, 2013

Fannie Mae Prices $1.12 Billion Multifamily DUS REMIC (FNA 2013-M3) Under Its Fannie Mae GeMS™ Program

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WASHINGTON, Feb. 21, 2013 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA) priced its second Multifamily DUS® REMIC in 2013 totaling $1.12 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on February 15, 2013. "February has been a period of heavy supply, coupled with a [...]
25 02, 2013

U.S. 30-Year Mortgage Rates Rise to Highest Since August

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U.S. mortgage rates for 30-year fixed loans rose, increasing long-term borrowing costs after construction of single-family homes climbed to a four-year high. The average rate for a 30-year fixed mortgage was 3.56 percent in the week ended today, up from 3.53 percent and the highest level since Aug. 30, [...]
25 02, 2013

Average 30-Year Fixed-Rate Mortgage Up a Smidgen

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MCLEAN, VA--(Marketwire - Feb 21, 2013) - Freddie Mac ( OTC : FMCC ) today released the results of its Primary Mortgage Market Survey® (PMMS ® ), showing average fixed mortgage rates changing little over the past four weeks which is helping to spur new home construction. After being [...]
25 02, 2013

Freddie Mac Announces $1 Billion Reopening of 1.250% Seven-Year Reference Notes(R) Security

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MCLEAN, VA--(Marketwire - Feb 25, 2013) - Freddie Mac ( OTCQB : FMCC ) announced today that it plans to launch a $1 billion reopening of its 1.250% seven-year USD Reference Notes ® security that matures on October 2, 2019. The issue will price today, Monday, February 25, 2013, and [...]
10 02, 2013

Do You Think You Have a Loan Backed by Fannie Mae or Freddie Mac but Can’t Find It?

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Underwater homeowners who are feverishly looking for ways to refinance their home now have the opportunity to do this through the HARP Mortgage program.  The first step in determining eligibility is to see whether or not your loan is […]