Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen dramatically this year, homebuyers across the country should see this decline as welcome news. Freddie Mac reports that the average 30-year…
When discussing our Florida real estate forecast for the next two years, you must understand there are many different scenarios that could play out. Not even my crystal ball can predict what lies ahead for real estate, especially over the next two years, but let’s get together and delve a little deeper with facts and…
USA Today calls it “the most sweeping overhaul since the housing crash in 2008.” The three-year strategy focuses on underwriting, appraisals and support programs. WASHINGTON – Fannie Mae and Freddie Mac are implementing big reforms aimed at helping those in disadvantaged communities become homeowners and making sure homebuyers of color stay owners. The initiative from the two…
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