The numbers: The housing sector continues to face headwinds. The 30-year fixed-rate mortgage averaged 7.08% as of Nov. 10, according to data released by Freddie Mac FMCC, +0.03% on Thursday. Read more
Tag: Mac
Inflation takes its toll on American finances as emergency funds run dry and mortgage rates surpass 7%, Freddie Mac says
Hi, MarketWatchers. Don’t miss these top stories. ‘The calm before the storm’: Employer healthcare premiums hold steady despite inflation, but experts warn that may not last Healthcare inflation will likely Read more
Mortgage rates surpass 7%, Freddie Mac says — ‘leading to greater stagnation in the housing market’
High mortgage rates continue to pressure the housing market, as the sector undergoes a deep slow down after two years of blockbuster growth. The 30-year fixed-rate mortgage averaged 7.08% as Read more
How last year’s housing market affected mortgage denials and what Fannie Mae, Freddie Mac using alternative credit scores means for potential homebuyers
Hi, MarketWatchers. Don’t miss these top stories. Fannie Mae, Freddie Mac to use alternative credit scores — what that means for potential homebuyers The federal government has approved two credit Read more
Fannie Mae, Freddie Mac to use alternative credit scores: What it means for homebuyers
NASHVILLE — The federal government is expanding how it collects credit scores, which may allow more Americans to potentially buy homes. The Federal Housing Finance Agency on Monday announced at the Read more
Mortgage rates hit 6.29%, Freddie Mac says and rents fell in August for the first time since November 2021
Hi, MarketWatchers. Don’t miss these top stories. Rents fell in August for the first time since November 2021, but tenants are still struggling. Here’s why. Rents dropped from July to Read more
Beer-flavored mac ’n’ cheese is now a thing
The item Goodles If You’re Hoppy and You Know It IPA-inspired Cheesy Mac, $17.99 for a four-pack or $45.99 for a 12-pack The back story Yes, your macaroni and cheese Read more
Apple stock gains as iPhone powers earnings beat past big decline in Mac sales
Apple Inc. battled through supply pressures to show continued revenue growth in its June quarter, with iPhone sales driving better-than-expected performance despite a surprise drop in Mac sales. The smartphone Read more