Freddie Mac

Freddie Mac’s New 3% Down Program

Today, Freddie Mac is scheduled to start buying mortgages with down payments of only three percent – the first time down payments have been this low on Freddie Mac loans in nearly five years. The program is called Freddie Mac Home Possible AdvantageSM. In a recent Executive Perspectives, Dave Lowman EVP, Single-Family Business Freddie Mac, …

Freddie Mac’s New 3% Down Program Read More »

home value

Breaking News: Fannie and Freddie formally announce 3% Down Programs

Yesterday, HousingWire reported that both Fannie Mae and Freddie Mac formally announced their 3% down options on home purchases. Fannie Mae’s plan will be effective December 13, 2014 while the Freddie Mac plan will be available March 23, 2015. The HW article quotes FHFA Director Mel Watt: “The new lending guidelines released today by Fannie …

Breaking News: Fannie and Freddie formally announce 3% Down Programs Read More »

Freddie Mac: Doubtful Rates Will Return to Recent Lows

The Neuse Realty sales force team believe that the following article is on point about Freddie Mac’s prediction for home interest rates. “One thing seems certain: we aren’t likely to see average 30-year fixed mortgage rates return to the historic lows experienced in 2012.” – Freddie Mac, March 24, 2014 There are those that hope …

Freddie Mac: Doubtful Rates Will Return to Recent Lows Read More »

Scroll to Top