Mortgage rates declined by one basis point this week, not enough to change the equation to bring consumers back into the housing market, Freddie Mac said.
In September, rates plunged to a two-year low, falling as far as 5.89%. But over the following three-plus months, the average surged almost 1.25 percentage points—before recently easing lower.
(Reuters) - Mortgage finance firm Freddie Mac said on Tuesday James Whitlinger, who has been filling in as its interim chief financial officer since June, has taken on the role permanently. In his ...