Tag: Freddie Mac
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Average rate on a 30-year mortgage in the US slips to 6.81%
The average rate on a 30-year mortgage in the U.S. eased this week, though it remains near 7% after mostly...
Freddie Mac Reports 6.84% Mortgage Rate As Grant Cardone Warns Of Homeownership Crisis
Grant Cardone is getting vocal about housing. The real estate mogul and entrepreneur took to Twitter...
Billionaire Investor Bill Ackman’s Election Bet Could Hit Big After Trump’s Victory
Many investors tried to position their portfolios based on which candidate they thought might win the U.S. presidential election. Billionaire...
Freddie and Fannie’s Zombie Preferreds Surge on Trump Win
(Bloomberg) -- Shares of long-moribund preferred stock issued by Fannie Mae and Freddie Mac surged on Wednesday amid speculation that...
Fannie Mae says it suffered losses from commercial mortgage fraud
The crackdown on commercial mortgage fraud is heating up. Fannie Mae confirmed for the first time an ongoing investigation into...