Years ago, a 20% down payment was a requirement for obtaining a mortgage loan. Putting that much money down made it less likely that borrowers would simply default on their home loans and gave lenders a measure of security and collateral in the case of fo
Jun 07, 2018 | First-time Homebuyers
Economic Commentary Employment Report Analysis At first blush, it appeared that the jobs report was disappointing. The addition of 142,000 jobs in August was much less than the average of over two hundred thousand for
Sep 16, 2014 |
Home Affordable Refinance Program® (HARP) Return to index If Freddie Mac owns your mortgage and you are timely with your mortgage payments but unable to refinance because you have little or no equity in the home, you may be able to refinance to a lowe
Jul 22, 2014 |
Economic Commentary Still Work To Be Done As the euphoria wears off in the aftermath of our stellar June employment release, we realize that there is still work to be done in order to fully recover from the financial c
Jul 15, 2014 |
Federal Reserve Press Release – Gumped Information received since the Federal Open Market Committee met in October indicates that economic activity is expanding at a moderate pace. Labor market conditions have shown further improvement; the unemploymen
May 19, 2014 |