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freddie-mac

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investopedia.com

world13 days agoDeveloping

Fannie Mae and Freddie Mac to Incorporate Rent and Utility Payments in Credit Scores

Fannie Mae and Freddie Mac will allow credit scores that include on-time rent and utility payments for mortgage qualification. The Federal Housing Finance Agency announced the policy change, which aims to expand access to homeownership. Similar updates are planned for Federal Hou…

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finance26 days ago

Freddie Mac Reports Decline in 30-Year and 15-Year Fixed Mortgage Rates for Week Ending April 9

Freddie Mac reported that the average 30-year fixed-rate mortgage decreased to 6.37% for the week ending April 9, down from 6.46% the previous week. The 15-year fixed-rate mortgage averaged 5.74%, a slight decline from 5.77%. These rates reflect weekly surveys of lenders by the g…

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