Banks unfairly deny mortgages to African-Americans and Latinos – report The analysis found African Americans were 2.7 times as likely to be denied a conventional mortgage there. tom goyda said the bank had “announced significant initiatives to expand homeownership.
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Freddie Mac: Rising Mortgage Rates DO NOT Lead to Falling Home Prices – Maggie Rose, Realtor, Presents South West Florida Luxury Homes The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. While the purchase-only HPI posted a year-over-year gain of 5.8%.
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8, according to mortgage giant Freddie Mac. Rates are up a half a percent since September. A half-point rise added $127, or 7 percent, to the monthly payment on a median-priced Southern California home. If rates were to hit 5 percent, payments would increase $292 a month, or 15 percent.
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2 days ago. Both the Case-Shiller home price index and the Federal Housing finance. mortgage rates did not move significantly last week, continuing to hover. Mae and Freddie Mac at the recent National Association of Realtors. The consumer price index increased, due to rising electricity and gasoline costs.
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