Freddie Mac’s weekly rate survey shows the average rate on a 30-year fixed-rate loan was 6.87% for the week ending February ...

Fannie Mae and Freddie Mac each have their own eligibility requirements for mortgage approval. — Down payment. A minimum down payment of 3% is required. — Credit score. Both Fannie Mae and ...

On the income side, issues often emerge when the mortgage applicant is self-employed. The software is geared to W-2s — the wage-and-tax-statement from an employer — and might flag your file when you ...

The government-sponsored enterprises were not meant to remain in conservatorship permanently, but privatizing them once again must include a new set of rules that minimize market disruptions and ...

Fannie Mae and Freddie Mac tightened up their lending standards for financing condos after the Champlain Towers collapsed in ...

According to the latest data from Freddie Mac’s Primary Mortgage Market Survey, the average 15-year fixed mortgage rate is ...

Conforming conventional loans have requirements set by Fannie Mae and Freddie Mac. Editorial Note: Any opinions, analyses, reviews, or recommendations expressed in this article are the author’s ...

Now let’s focus on the intersection with Fannie Mae and Freddie Mac. And certainly, there is some overlap between the balcony law standards and requirements of the mortgage giants. Fannie Mae ...

An icon in the shape of a lightning bolt. Impact Link One of the first decisions you'll make when shopping for a home is what type of mortgage you'll use. Conventional mortgages — those not ...