00:00 Brad Mortgage rates for the week ending March 27th are out. Yahoo Finance’s Claire Boston joins me now with the numbers. Hey Claire. 00:07 Claire Boston Hi Brad. So this week, the 30-year mortgage rate is at 6.65%, that is basically flat from 6.67% last week. And 15-year mortgage rates, they rose slightly to
The Trump administration has made some changes to two pillars of the American housing market: the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Or, as they’re better known, Fannie Mae and Freddie Mac. Last week the administration fired 14 members of the boards of directors at the two corporations. Fannie and
The most immediate risk is that it could disrupt the mortgage market and lead to an increase in the average rate for a 30-year mortgage, which is currently at 7 per cent read more The US government is weighing an executive order that could set in motion the privatisation of the two government-sponsored enterprises (GSEs)