Fannie and Freddie play crucial roles in the housing market—setting lending standards for home loans and owning or ...

The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...

The elevated mortgage rates, which can add hundreds of dollars a month in costs for borrowers, have discouraged home shoppers ...

The average rate on a 30-year mortgage in the U.S. ticked up this week to slightly above 7%, the highest level in eight ...

President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive ...

In the aftermath of the housing market bubble, the federal government placed Fannie Mae and Freddie Mac under a financial ...

The exit from mortgage lending and right sizing other support areas will result in an 8% reduction in workforce, the company said. WaFd also said it recorded a restructuring expense of $5.4 million ...

It also surpassed its affordable housing goals with record 2024 volume.

Average rate on a 30-year mortgage edges above 7%, according to Freddie Mac, reaching its highest level in 8 months.

Rates increased for a fifth straight week, but the latest inflation data could be a sign that relief is coming.

It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...

The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May, Freddie Mac reported on ...