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William Pulte, Chairman of the Board of Fannie Mae and Freddie Mac, said on July 11, “I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for ...
Many members of Gen Z have shown a willingness to make some short-term sacrifices in order to buy a home. Some 30% of Gen Z homeowners in the 2025 survey reported taking on a second job to raise money ...
For years, lenders have used only the FICO score, from Fair Isaac Corp. — a metric that generally excludes such things as ...
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Money Talks News on MSNBillionaire's $1B Bet Could Send Your Mortgage Rates SoaringThe Trump administration is considering privatizing Fannie Mae and Freddie Mac to cut federal deficits. First-time buyers and ...
A major shift is coming to the mortgage industry, and it could make homeownership more accessible for first-time buyers.
MCCLEAN, Va. (AP) — The average rate on a 30-year U.S. mortgage edged up this week, ending a five-week decline in borrowing costs for homebuyers. The long-term rate ticked up to 6.72% from 6.67% last ...
The regulator for Fannie and Freddie wants to reduce the use of FICO for housing credit, while factoring in borrowers’ rent ...
President Donald Trump's administration announced this week that mortgages sold to Fannie Mae and Freddie Mac will now accept ...
Americans facing housing challenges may benefit from new FHFA policy that counts rent payments toward mortgage qualification, ...
Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...
A cloud of uncertainty has hovered over the future of Fannie Mae and Freddie Mac during the first half of 2025. The Trump ...
Don’t let financial fear hold you back from starting the homebuying process. Here’s everything you need to know to feel prepared, empowered and ready to make your move.
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