Search results
Results from the WOW.Com Content Network
Accessed December 17, 2024. Economic, Housing and Mortgage Market Outlook – November 2024, Freddie Mac. Accessed November 27, 2024. Primary Mortgage Market Survey, Freddie Mac. Accessed December ...
The Mortgage Bankers Association expects origination volume to total $2 trillion in 2024 and $2.3 trillion in 2025 – an increase driven by purchase applications.
The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.
The Homeowners Affordability and Stability Plan is a U.S. program announced on February 18, 2009, by U.S. President Barack Obama.According to the US Treasury Department, it is a $75 billion program to help up to nine million homeowners avoid foreclosure, which was supplemented by $200 billion in additional funding for Fannie Mae and Freddie Mac to purchase and more easily refinance mortgages. [1]
The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.
Average mortgage rates edge higher for 30-year and 15-year terms as of Wednesday, December 18, 2024, as the Federal Reserve is set to conclude its final policy session of the year.
Average mortgage rates for popular terms are finally inching down week over week as of Monday, December 2, 2024, with the 30-year fixed purchase rate retreating from 7.00%.
Accessed November 20, 2024. Economic, Housing and Mortgage Market Outlook – October 2024, Freddie Mac. Accessed October 22, 2024. Primary Mortgage Market Survey, Freddie Mac. Accessed November ...