U.S. single-family house prices increased solidly in December, despite improving supply, which together with elevated mortgage rates will continue to erode affordability.

Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Bill Pulte, the nominee for director of the Federal Housing Finance Committee,

The U.S. government may soon return Fannie Mae and Freddie Mac to private markets less than two decades after turmoil nearly toppled the mortgage industry.

Two mortgage giants essential to the U.S. housing market could be released from the government into the private sector. What that means for you.

Rewinding further, the 30-year average notched a high 7.37% last spring, so today's rates are significantly improved vs. 10 months ago. They're also 1.3 percentage points cheaper than the historic 23-year peak of 8.01% reached in October 2023.

Housing observers see an opportunity to fundamentally remake a system to close the gap on serving historically marginalized communities.

Fannie Mae and Freddie Mac support the U.S. mortgage market. The two were placed into a strict form of government oversight called "conservatorship" in 2008 as the global financial crisis mounted. This has at times limited Fannie's and Freddie's ability to raise capital.

KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K169 mortgage pass-through certificates and thr

U.S. mortgage rates dropped for another consecutive week. That's the word from Freddie Mac, which released its latest data. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.85% for the week ending Feb. 20 — down from 6.87% last week. A year ago, mortgage rates averaged 6.90%.

The median price for a single-family home increased more than 5 percent in January to $465,000, compared to a year ago.

But the company took a credit loss provision in the fourth quarter, deciding to add to its reserves because of new mortgage acquisitions to its portfolio.

Many experts say privatizing Freddie Mac and Fannie Mae could significantly alter the mortgage market. Fannie Mae and Freddie Mac help keep the mortgage market stable by buying home loans, selling mortgage-backed securities and establishing lending guidelines.