FEED HOLDS ITS BENCHMARK RATE STEADY

FEED HOLDS ITS BENCHMARK RATE STEADY

September marked the start of football season for fans across the country. But investors and economists were focused on another team—the Federal Open Market Committee (FOMC), and whether it would hold its benchmark Federal Funds Rate steady. What Is the … Continue reading

SINGLE-FAMILY PROGRAM ANNOUNCEMENT

SINGLE-FAMILY PROGRAM ANNOUNCEMENT

Program Announcement – May 28, 2015  Please be advised the Housing Finance Commission expects to announce funding for a below-market House Key Opportunity Program on or about June 24 2015.  A formal announcement will go out upon program launch. The … Continue reading

HOUSING MAKES HEADLINES

HOUSING MAKES HEADLINES

In early January a sharp decline in interest rates, coupled with buzzing announcements to reductions on popular federally-insured home loans, resulted in both purchase and refinance volume at their highest in six years, according to a CNBC report. After rates … Continue reading

RATES SPUR REFINANCES AS BUYING SEASON BEGINS

RATES SPUR REFINANCES AS BUYING SEASON BEGINS

In early June, rates for 30-year fixed home loans were at their lowest in seven months, according to Freddie Mac. Rates had been on the decline for five weeks straight before hitting this year’s lowest yet. The window of opportunity … Continue reading