Freddie Mac
Mortgage rates are responding to the escalating war in Iran, jumping again for the second week in a row to reach a three-month high on the 30-year. Freddie Mac put the average at 6.22% for the week ending on Thursday, marking another disappointing development for prospective homebuyers standing on the sidelines waiting for rates to…
Prospective homebuyers might have to wait longer for mortgage rates to dip down after the Federal Reserve decided to maintain benchmark interest rates on Wednesday, despite some dissension on the central bank’s board of governors. The move marks the fifth consecutive meeting the Federal Reserve opted against cutting rates. This month’s meeting, however, marked the…
One of the most challenging things for first-time homebuyers is qualifying for a mortgage. Now, folks who have dipped their toes in the cryptocurrency game may soon have a little better luck qualifying if they borrow from Fannie Mae or Freddie Mac. William J. Pulte, director of the Federal Housing Finance Agency (FHFA), recently ordered…
By Ryan Casey Stephens, FPQP®Special Contributor Powerful narratives shape the world around us. How consumers feel about the real estate market can dramatically affect the balance of buyers and sellers in Dallas-Fort Worth. The good news is you have some ability to present the facts, and that is your most important tool as a real…
The Dallas-Fort Worth housing market continues to be stronger now than a year ago, according to two recent studies. The RE/MAX National Housing Report reveals Dallas-Fort Worth home sales were up 4.6 percent over last year. The August Zillow Real Estate Market Report showed a 4.1 percent increase for D/FW home values. RE/MAX also points…
