Freddie Mac

WASHINGTON -- The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to exploit...

Mortgage rates sank this week toward record lows, with lenders offering 30-year fixed home loans to solid borrowers at an average 3.41%, down from 3.43% a week ago, Freddie Mac’s weekly report showed. It was the lowest rate the survey has recorded...

Average interest rates on 30-year home loans fell to 3.41 percent this week, dropping below 3.5 percent for the second week in a row since January 24, Freddie Mac said Thursday. The average 30-year, fixed-rate mortgage first dropped to 3.43 percent last...

Bank of America Corp. has reached a record $500 million settlement with investors who claimed they were misled by its Countrywide unit into buying risky mortgage debt. The settlement is the largest to resolve federal class-action litigation over...

WASHINGTON — The regulatory, administrative state, which progressives champion, is generally a servant of the strong, for two reasons. It responds to financially powerful and politically sophisticated factions. And it encourages rent-seekers to...

WASHINGTON -- Economist Mark Zandi reportedly is being considered by the Obama administration to head the federal agency that oversees taxpayer-owned Fannie Mae and Freddie Mac as the White House seeks a candidate who could avoid Republican opposition...

WASHINGTON — The Federal Housing Administration helped stabilize the real estate market after the subprime bubble and lay the groundwork for the recovery — and now the bill for taxpayers might be coming due. The Obama administration's...

A popular government program enabling underwater borrowers who are current on their mortgages to refinance at lower rates will be extended for two more years.  The Obama administration's Home Affordable Refinance Program had been scheduled to expire...

Average interest rates on 30-year home loans fell to 3.43 percent this week, dropping below 3.5 percent for the first time since January 24, Freddie Mac said Thursday. The average 30-year, fixed-rate mortgage had been at 3.54 percent last week,  the...

Mortgage rates are at their lowest level since January, the widely watched Freddie Mac survey shows, with the average for a 30-year fixed-rate loan dropping to 3.43% this week from 3.54% a week ago. The survey of rates lenders are offering to solid...

First-time buyers make the housing wheel go 'round: As they segue from renting to owning, they set off the sequence of move-up purchases that, in theory, will help the overall market get well. These days, Hispanic consumers seem to be pushing that wheel...

Board-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...