Mortgage application activity remains high as rates stabilize. by Andrew Morrell July 11, 2019. Weekly mortgage applications fall; activity remains high. Mortgage application activity fell during the week ending July 5 compared to the previous week, although overall volume remained above levels seen at the same time last year.
Freddie Mac released today its monthly Outlook for September showing that housing remains a bright spot for the U.S. economy. Mortgage originations are expected to surge in the third quarter, and.
Following its affirmation of a AAA rating for the U.S., Fitch Ratings has affirmed the long-term issuer default ratings (IDRs) of Fannie Mae and Freddie Mac at AAA. The government-sponsored enterprises’ (GSEs) rating outlook remains stable, Fitch says. The rating agency says the continued material credit expenses from each firm’s legacy books of business and [.]
Freddie Mac outlook: Housing activity remains stale Megan Hopkins is a Reporter for HousingWire. She has worked as a reporter and copyeditor for publications such as the Baylor Lariat, Focus.
FHA to increase mortgage insurance premiums one quarter of one point Under the Obama administration plan, the FHA would have cut the annual mortgage insurance premiums for most borrowers by one-quarter of a percentage point, or 25 basis points. The cut was due to take.
This is according to weekly data compiled by Freddie Mac. The last time rates were this low. come with plenty of advanced notice. In the broader housing picture, the decline and positive outlook.
This month Freddie Mac’s Outlook looks back at where rates have been. lack of motivation for fixed-rate borrowers to refinance when rates rise. What remains is cash-out activity and refinances to.
After softening for much of 2018, the housing market remains stable after a boost from lower mortgage rates and slowing home price growth. More. More. Opinions, estimates, forecasts and other views contained in this document are those of Freddie Mac’s Economic & Housing Research group, do not.
Freddie Mac’s Multi-Indicator Market Index (MiMi), a gauge of housing stability, slid up just 0.03 points in its latest reading to -3.06, indicating the market is still on the weak side of the.
Freddie Mac. housing, world housing and affordable housing preservation. Before I move on from our guarantee businesses I want to make a quick point. Even as we expand access to credit the credit.
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According to Freddie Mac’s (FMCC) May Forecast, steady housing market growth is expected due to the positive impact of low mortgage rates, a strong labor market, low unemployment, and modest.