Fannie Mae Mortgage Interest Rates
Fannie Mae and Freddie Mac are the two government-sponsored enterprises (gse) working to expand home ownership across the country. For several years now the housing market has been booming, due to increased opportunity through entities like the two GSEs, pricing, and other factors.
Fannie Mae previously raised the benchmark interest rate from 4.0% to 4.125% on April 14, but is now dropping it back down. fannie mae announced the change Thursday in an email sent to its servicers.
According to loan software company Ellie Mae, the 30-year mortgage rate averaged 4.41% in June (the most recent data available).
The monthly summary report contains information about Fannie Mae’s monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate.
Fannie Mae, Freddie Mac set new all-time low mortgage modification interest rate – Continuing a trend that’s seen the benchmark interest rate set by Fannie Mae and Freddie Mac for standard mortgage modifications fall consistently over the last eight months, the government-sponsored.
. mortgage loans, known as 'jumbo' loans, had a higher interest rate. fees (also known as g-fees) for the loans bought by Fannie Mae and.
Will Home Mortgage Rates Go Down . can’t go lower than 2 percent no matter how far the index falls. mortgage rates vary daily and the rate depends on numerous factors, including a borrower’s credit profile, the size of the loan and.