LGBTQ News

Mortgage rates rise again, but look poised to drop in the fall

The 30-year fixed-rate mortgage this week climbed to 6.96%, according to Freddie Mac. Housing economists said rate are likely on their way downward in the coming months.

logo.png  By LGBT  Aug 12, 2023

Freddie Mac releases 2023 stress test results

The stress test results for Freddie Mac show that an adverse scenario would affect its credit losses more than the 2022 test did.

logo.png  By LGBT  Aug 12, 2023

Mortgage delinquency rate falls to lowest level since 1979

The Mortgage Bankers Association (MBA) reported that the mortgage delinquency rate fell to its lowest level since it began tracking this metric 43 years ago, supporting claims the economy is on the cusp of a turnaround.

logo.png  By LGBT  Aug 12, 2023

Freddie Mac’s updates to the ACE + PDR valuation option

ACE+ PDR was originally a temporary offering. However, effective August 2, 2023, this offering has been added to the Single-Family Seller/Servicer Guide (Guide).

logo.png  By LGBT  Aug 12, 2023