Archive for August, 2014


Freddie Mac: Average 30-year mortgage rate levels off at 4.1%

The average rate for a 30-year fixed mortgage leveled off this week at a record low for the year — 4.1%, the same as last week, a Freddie Mac survey showed. The 15-year fixed mortgage averaged 3.25%, up from 3.23% last week, said Freddie Mac, which asks lenders about the terms they are offering to […]

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Fannie Mae, Freddie Mac: FHFA Proposes 2015-2017 Housing Goals

The Federal Housing Finance Agency (FHFA) today proposed a rule that would establish housing goals for Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) (the Enterprises) for 2015 through 2017.  FHFA is requesting comment on all aspects of the proposed rule.  The Housing and […]

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Watt Plans to Maintain Level of Fannie-Freddie Lending to Poor

Fannie Mae (FNMA) and Freddie Mac would maintain current levels of home-mortgage purchases meant to spur lending to lower-income borrowers though 2017 under a proposal released by the Federal Housing Finance Agency. FHFA, the government overseer for the U.S.-owned mortgage giants, said today it is seeking public feedback on a plan that would keep lending […]

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US pending home sales rebound

Washington (AFP) – US pending home sales rebounded last month to their highest levels in nearly a year, the National Association of Realtors said Thursday, in report providing further evidence of a steadying housing market. The NAR’s pending home sales index surged 3.3 percent in July to 105.9, its highest level since August 2013. The […]

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US pending home sales rebound to one-year high

US pending home sales rebounded last month to their highest levels in nearly a year, the National Association of Realtors said on Thursday (Aug 28), in report providing further evidence of a steadying housing market. PHOTOS An exterior view of a house with a pending home sale sign in Palo Alto, California, USA. (AP/Paul Sakuma) […]

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Local Realtor up for national award

SANTA ROSA BEACH — A local Realtor has been selected as a finalist for REALTOR Magazine’s 2014 Good Neighbor Awards. Tricia Carlisle-Northcutt of Santa Rosa Beach’s Beach Properties of Florida, was one of 10 finalists selected for the Good Neighbor Awards. Carlisle-Northcutt founded the Children’s Volunteer Health Network, which provides free medical, dental, vision and […]

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Pending Sales of U.S. Existing Homes Increase More Than Forecast

Contracts to purchase previously owned homes rose more than forecast in July, a sign of renewed momentum in residential real estate. The pending home sales index gained 3.3 percent after a 1.3 percent decrease in June that was larger than initially reported, the National Association of Realtors said today in Washington. The median projection in […]

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Fannie Mae’s $170M Mansion-Office Is Up for Sale

Image via Shutterstock Fannie Mae, the renowned public-private mortgage backing company, announced to its employees Thursday that it plans to sell its massive, estate-like D.C. headquarters, along with four of its other locations, as it seeks to relocate to a single location closer to downtown. The company’s decision puts nearly $170 million in real estate […]

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Out on Their Fannies: Fannie Mae Unloading Huge Headquarters

[Photo by Flickr user NCinDC] It’s true, the enormous brick landmark that has withstood a hundred thousand withering glares will not be home to Fannie Mae for much longer. What’s more, the public-private mortgage backer is also unloading its two Van Ness buildings and moving everyone into one single (and probably less architecturally impressive) space […]

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Fannie Mae Is Selling Its Gigantic Wisconsin Avenue Headquarters

The Fannie Mae headquarters is seen July 10, 2008 in Washington, DC. Shares in Fannie Mae and Freddie Mac have dropped to their lowest levels in 17 years. (Photo by Mark Wilson/Getty Images) Fannie Mae plans to sells it gigantic Northwest D.C. headquarters. As the Wall Street Journal reports, the company plans to consolidate its […]

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