Freddie Mac News
Excerpt: Ben Bernanke's 'The Courage to Act'
Excerpted from The Courage to Act: A Memoir of A Crisis and Its Aftermath by Ben S. Bernanke. Copyright © 2015 by Ben S. Bernanke. With permission of the publisher, W. W. Norton & Company, Inc. All rights reserved. Prologue: I Can Still Stop This . . . It was 8:00 p.m. Tuesday, September 16, 2008.
Average mortgage rates little changed; 30-year at 3.90 pct
Long-term U.S. mortgage rates were unchanged to slightly lower this week, continuing a pattern of little movement in recent weeks. The rate on 30-year, fixed-rate mortgages declined to 3.90 percent from 3.93 percent last week.
What to Know About the Anticipated Increase in Interest Rates
Federal Reserve chairwoman finally laid some jitters of investors to rest when she said that interest rates are likely to rise later this year, which can affect everything from your savings to credit card fees. The Federal Reserve has kept short-term interest rates near zero since 2008, so many
What Households Should Know Following Fed Decision to Keep Interest Rates Unchanged
The Federal Reserve's decision today to keep interest rates unchanged may mean consumers can make some decisions while rates remain near zero. Mark Zandi, chief economist with Moody's, said he expects the Fed to begin raising rates before the year is over. "However, the longer they wait to begin
Giant Butter Cow, Sculpture Contest Draw Big Crowds at Iowa State Fair
ABC News' Charli James and Josh Haskell get an up-close look at impressive dairy designs.
How to Get Your Finances in Order Before You Buy a Home
To successfully buy a home these days, you'll need patience, resilience to rejection and sound financial planning. You don’t need to earn gobs of money to successfully purchase a home -- well, depending on your area. You do, however, need to have enough income left over after your proposed mortgage
Fannie Mae, Freddie Mac Bailout Risk Rising
Fannie Mae and Freddie Mac, entities that received $188 billion in bailout funds in 2008, are at risk again, according to the Federal Housing Finance Agency.
Obama Unveils Plan to Cut Federal Mortgage Rates
The economy is stirring gas prices are plunging. Stocks are near record levels and some good job numbers out today there's one sectors still lagging housing. Hello everyone I'm Michelle Franzen in New York President Obama has traveled the Phoenix Arizona. And is about to address that issue in just
These Are the Ways Today's Jobs Report Will Affect You
Whether or not you believe the labor market is improving, the folks at the Federal Reserve in Washington, D.C. are paying keen attention to make decisions that will affect your wallet. Depending on the strength of the jobs market and economy, our nation's central bank makes decisions that affect