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Fannie and Freddie were once private companies. As the subprime bubble inflated in the early 2000s, they lowered their underwriting standards to remain competitive. When the bubble burst in 2008, ...
Rates on 30-year refi mortgages jumped several points—triggered by bond prices that soared Wednesday in response to President ...
Jason Ruedy, Denver, CO, has noted a growing trend among homeowners who are merging their first and second mortgages in ...
The average rate on a 30-year mortgage in the U.S. climbed this week to its highest level since mid-February, a setback for ...
The average rate on a 30-year mortgage has remained relatively close to its high so far this year of just above 7%, which it set in mid-January. The average rate’s low point so far was five weeks ago, ...
Average mortgage refinance rates have been volleying between 6.5% and 7% as fears of both higher inflation and an economic ...
Rates on 30-year refi mortgages continue bobbing, moving up and down in mostly tiny increments. Several refi loan types saw ...
When the Fed hiked rates in 2022 and 2023, the interest rates on most consumer loans quickly followed ... balances are also at record highs. Mortgage rates don't directly track the Fed, but ...