The SCOOP! Blog Read Amazing Insights.

Mortgage rates in the U.S. have risen this year and are expected to continue doing so, but the conflict between Russia and Ukraine could throw a wild card into those projections.The 30-year fixed-rate mortgage climbed by 37 basis points over the first two full weeks of February, according to Fred...

Buyers are getting preapproved for mortgages to better compete in a fast-paced housing market and to be mortgage-ready as soon as they are ready to make an offer. However, preapproval doesn’t lock in their mortgage rate, which can continue to rise.Some buyers are finding that after their offer is...

The 30-year fixed-rate mortgage reversed course this week and decreased to an average of 3.89%, Freddie Mac reports. However, with expectations of even higher inflation on the horizon, mortgage rates likely will resume their upward trek over the coming weeks, Nadia Evangelou, senior economist and...

You’re in the final stages of selling your home: it’s time for the home appraisal. But when the buyer shares the appraisal report, it shows your home value as less than your sales price. What do you do now? Learn about what could have caused the lower appraisal and your options for moving ahead w...

Home prices are rapidly rising, but rental prices are as well, and at a faster pace. In more than half of the nation’s largest U.S. metros, Americans likely will find buying a starter home more affordable than renting, according to a newly released report from realtor.com®.Median rental prices ro...

Borrowing costs are climbing: The 30-year fixed-rate mortgage rose to a 3.92% average this week, Freddie Mac reports.“Mortgage rates jumped again due to high inflation and stronger than expected consumer spending,” says Sam Khater, Freddie Mac’s chief economist. “The 30-year fixed-rate mortgage i...

A lot of sellers don't listen to their real estate agents, so we'll tell you what your agent wants to say but can't say to you and this is it - your agent can't get you the price you want unless your home is in pristine move-in condition.That means no sticking drawers in the kitchen. No leaning f...

Everything we do at Freddie Mac is in service of our mission — Making Home Possible. Our earnings, increased capital, focus on risk management and committed team served this mission and the nation well in 2021.We interpret our mission expansively, and our financial results for the year highlight ...

Once your loan application is submitted the application is reviewed “as is.”  This means the information appearing on the application is valid at the time it was completed. If things change while your loan is being processed, there can be some delays as the current information is documented and v...

One of the biggest benefits of owning a home is the opportunity to build wealth over time, and you do this through building home equity. We break down what home equity is, how to build it and what you can do with it.What is home equity?Put simply, your home's equity is the difference between how ...