The average 30-year fixed-rate mortgage rose to 6.30% for the week ending April 30, 2026, up from 6.23% the prior week, Freddie Mac?? said Thursday. The 15-year fixed rate also rose, averaging 5.64%, compared with 5.58% last week.
On Wednesday, Freddie Mac and Fannie Mae announced their acceptance of mortgages evaluated using VantageScore 4.0 to reduce costs for American homebuyers and stimulate competition in the mortgage credit-scoring market. The mortgage housing behemoths will initiate?a limited roll-out to approved?lenders.
Major U.S. indexes closed Monday on a mixed note, with the Dow Jones Industrial Average rising 0.1% to 45,216.14, while the S&P 500 fell 0.39% to 6,343.72 and the Nasdaq declined 0.7% to 20,794.64. These are the top stocks that gained the attention of retail traders and investors through the day: Micron?s stock fell 9.88%, closing at $321.80. It reached an intraday high of $362.81 and a l...
Fannie Mae and Freddie Mac shares are climbing sharply on Monday as two of the most influential investors in modern markets ? Bill Ackman and Michael Burry ? publicly argue that the mortgage giants are among the most mispriced opportunities available today.
Mortgage rates are rising again, and Dave Ramsey is warning Americans that navigating today's housing market without professional help could be a costly mistake. The 30-year fixed-rate mortgage averaged 6.38% for the week ending March 26, according to Freddie Mac , up from 6.22% the prior week.
Economist Peter Schiff is sounding the alarm over a new housing finance initiative. Fannie Mae is entering the crypto-backed mortgage space through a strategic partnership. Under the program, borrowers obtain a conventional mortgage for the property. Schiff took to X on Friday to criticize the government-sponsored enterprise involvement.
Fannie Mae is stepping into crypto-backed housing finance through a new partnership that lets borrowers use digital assets to help fund their next home purchase. Better Home & Finance Holding Co. (BETR) and Coinbase Global Inc. (COIN) are at the center of the rollout.
Fannie Mae will accept crypto-backed mortgages for the first time through a new product from Better Home & Finance and Coinbase that lets home buyers pledge Bitcoin or USDC as collateral.
Billionaire hedge fund manager?Bill Ackman is set to introduce a fresh proposal for mortgage-finance titans?Fannie Mae?and?Freddie Mac?on Tuesday, Nov. 18. What Happened:?Ackman is scheduled to detail his plan during a livestream event.
Federal Housing Finance Agency chief Bill Pulte called the proposed 50-year mortgage a ?complete game changer. In a note published Nov. 10, UBS analysts John Lovallo, Spencer Kaufman, and Matthew Johnson said extending a traditional 30-year mortgage to 50 years could roughly double the total interest a borrower pays over the life of the loan, reported Bloomberg.
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