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On The Mortgage FrontFreddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 7.08% as of Oct. 27, up from last week when it averaged 6.94%. The 15-year fixed-rate mortgage averaged 6.36% up from last week when it averaged 6.23%. And the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 5.96%, up from last week when it averaged 5.71%. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you're ready to be matched with ...
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This week, the housing market saw a continued climb in mortgage rates while existing home sales continued falling. On The Mortgage FrontFreddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.94% as of Oct. 20, up from last week when it averaged 6.92%. The 15-year fixed-rate mortgage averaged 6.23%, up from last week when it averaged 6.09%. And the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 5.71%, down from last week when it averaged 5.81%. Q3 2022 hedge fund letters, conferences and more Find A Qualified Financial AdvisorEach advisor has been vette...
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The Community Home Lenders Association, a national trade association representing small and midsized independent mortgage bankers (IMBs), was surprised last January to see the Treasury Department and the Federal Housing Finance Agency (FHFA) adopt a number of restrictions on Fannie Mae and Freddie Mac loans as part of a revised PSPA agreement that governs their Treasury line of credit. Q1 2021 hedge fund letters, conferences and more Restrictions On Fannie Mae And Freddie Mac LoansThe restrictions capped: (1) the percentage of so-called “higher risk” loans at 6 percent of their home purchase l...
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