Greystone, a leading national commercial real estate finance company, announced it has provided a $28,946,000 Fannie Mae DUS? loan for the acquisition of Sphere Apartments, a multifamily community located in Richmond, Virginia. The $28,946,000 financing features a five-year term with interest-only payments for the full-term of the loan.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.22%. ?The average 30-year fixed-rate mortgage is well below the year-to-date average of 6.62%, providing some sense of balance to the housing market,? said Sam Khater, Freddie Mac?s Chief Economist.
Affordability in the US housing market is expected to improve next year amid lower mortgage rates and muted price growth, News Corp's Realtor.com said in a report on Wednesday. The 30-year fixed mortgage rate in the US was 6.19% as of Dec. 4, compared with 7.04% in mid-January, Freddie Mac data showed.
Greystone, a leading national commercial real estate finance company, announced that it has assisted Cross River Bank in completing a $288 million non-agency CMBS securitization, backed by 59 loans secured by 67 properties across four states, and rated by Moody?s and Morningstar DBRS.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.19%. ?Mortgage rates decreased for the second straight week as we emerged from the Thanksgiving holiday,? said Sam Khater, Freddie Mac?s Chief Economist.
Greystone, a leading national commercial real estate finance company, has provided a $24,477,000 Fannie Mae DUS? loan to refinance Manchester at Wesleyan, a 328-unit garden-style apartment community located in Macon, Georgia.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.23%. ?Heading into the Thanksgiving holiday, mortgage rates decreased,? said Sam Khater, Freddie Mac?s Chief Economist.
UMH Properties, Inc. (UMH) announced that on November 25, 2025 it completed the addition of seven communities containing 1,765 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A., for total proceeds of approximately $91.8 million. Samuel A. Landy, President and Chief Executive Officer, commented ?We are proud to complete another addition to our Fannie Mae credit facility.
Freddie Mac today posted to its website its?Monthly Volume Summary for October 2025, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
The Federal Home Loan Bank of Indianapolis today announced it has awarded $34.1 million in affordable housing grants through its Affordable Housing Program. This year, FHLBank Indianapolis has awarded Affordable Housing Program grants to 43 housing projects, facilitating continued development of housing units that will be classified as affordable for low- to moderate-income households.
The FHFA's measure of home prices held steady in September after an unrevised 0.4% increase in the previous month, below a 0.2% gain expected in a survey compiled by Bloomberg. Prices were up 1.7% from a year earlier in September. For the third quarter as a whole, home prices were up 0.2% from Q2 and up 2.2% from Q3 2024, slower than a 3.1% four-quarter gain in the previous quarter.
Freddie Mac Multifamily?s loan purchase?cap for 2026 will be $88 billion. ?Freddie Mac Multifamily delivers essential liquidity to create affordable apartment supply around the country each and every year,? said Kevin Palmer, head of Multifamily for Freddie Mac. As was the case last year, for 2026, 50% of loans purchased must be mission-driven.
The Federal Home Loan Bank of New York announced today that Stephen S. Romaine has been elected by its Board of Directors to serve as Board vice chair for a two-year term that will commence on January 1, 2026.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.26%. ?Mortgage rates have been shifting within a narrow ten-basis point range over the last month. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
The Federal Home Loan Bank of New York announced today the results of the 2025 election for three positions on the FHLBNY?s Board of Directors whose terms will each commence on January 1, 2026.
Ponce Bank announced today that it has been awarded $50,000 through the Federal Home Loan Bank of New York Small Business Recovery Grant Program. The FHLBNY Small Business Recovery Grant Program provides member financial institutions with funds to assist small businesses and nonprofits within the FHLBNY district, which includes New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands.
Freddie Mac today announced next-generation automation technology to streamline and strengthen its Single-Family quality control process. ?Quality Control Advisor Plus will cut months off the current QC process for most lenders,? said Sonu Mittal, EVP and head of Single-Family Acquisitions at Freddie Mac.
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.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.24%. ?Rates for the 30-year and the 15-year fixed-rate mortgage essentially remained flat this week, but we did see purchase activity increase, which is encouraging,? said Sam Khater, Freddie Mac?s Chief Economist.
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.
KKR entered a multi-year private credit partnership with Sallie Mae, Sallie Mae said Wednesday. Under the partnership, KKR-managed credit funds and accounts will acquire an initial seed portfolio of Sallie Mae's private education loans and at least $2 billion in newly originated loans annually for an initial three-year term through KKR's asset-based finance strategy, Sallie Mae said.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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