- Taxpayers bail out Freddie Mac, which responds by raising mortgage rates sharply higher http://biz.yahoo.com/ap/080724/mortgage_rates.html?.v=2 3 comments reddit.com
- U.S. new home sales shine in June; business activity picks up. The fundamentals for housing, which accounts for just over 3% of economy, remain favorable. The 30-year fixed mortgage rate is averaging 3.01%, close to a 49-year low, according to data from mortgage finance agency Freddie Mac. https://www.reuters.com/article/us-usa-economy-housing/u-s-new-home-sales-shine-in-june-business-activity-picks-up-iduskcn24p1t0 3 comments economy
- Bob Corker (noted insider trader) is pushing for a private solution to Fannie Mae and Freddie Mac that would harm American through higher mortgage rates and short terms https://www.bloomberg.com/news/articles/2017-03-29/senators-warn-fhfa-against-suspending-fannie-freddie-dividends 9 comments politics