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Freddie Mac

(Credit: Christopher Furlong/Getty Images)

Qualifying For A Mortgage Is Easier Now, But Many Factors Affect Loan Approval

Fannie Mae and Freddie Mac, the companies that federally insure the majority of the nation’s mortgages, are relaxing their FICO score requirements, sometimes as low as 620.

08/05/2014

(credit: SAUL LOEB/AFP/GettyImages)

Making Sense Of Obama’s Housing Market

Is the Obama administration failing the housing market? Maybe.

03/06/2013

mortgages

3 On Your Side: Refinancing Your Mortgage

To refinance or not to refinance, for many homeowners these days, that’s the question. The interest on a 30-year fixed rate mortgage is now averaging 3.87 percent. So does it make sense to refinance? Or if you already have refinanced does it make sense to do it again?

02/13/2012

(credit: Alex Wong/Getty Images)

3-On Your Side: $25 Billion Mortgage Settlement Helps Some Homeowners

A landmark $25 billion settlement with the nation’s top mortgage lenders was hailed by government officials Thursday as long-overdue relief for victims of foreclosure abuses. But consumer advocates countered that far too few people will benefit.

02/09/2012

House

3 On Your Side: What The Rating Downgrade Means For The Housing Market

In addition to Standard and Poor’s cutting the AAA rating of the United States this week, it also cut the rating of government-backed mortgage brokers Fannie Mae and Freddie Mac.

08/09/2011

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