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The Math Behind Putting Less Than 20% Down

The Math Behind Putting Less Than 20% Down

Did you know that you could buy a home with a down payment of less than 20%? Lots of people do. Want to join them? Find out how all of the numbers add up.

Meet the Team: Real Estate Agent

Meet the Team: Real Estate Agent

You're going to be spending a lot of time with your agent so it's important to find someone who gets you.

Get the Real Scoop on Down Payments

Get the Real Scoop on Down Payments

Believe that you need to make a down payment of at least 20% to buy a home? You have lots of company. Putting down that much money upfront certainly has benefits, but it's not required.

Diversity at Work: When Collaboration Fuels Success

Diversity at Work: When Collaboration Fuels Success

Freddie Mac's Loan Advisor Suite benefits from different perspectives.

Why the 30-year Fixed Rate Wins 'Most Popular'

Why the 30-year Fixed Rate Wins 'Most Popular'

Of all of the mortgage products out there, the 30–year, fixed–rate mortgage reigns as the most popular. Find out why it's been the favorite for years.

Who Do I Call...For Mortgage Help After a HAMP Interest-rate Reset?

Who Do I Call...For Mortgage Help After a HAMP Interest-rate Reset?

Have you fallen behind on your monthly mortgage payments since the interest rate reset on your HAMP–modified loan and wondered if there's a way to help you get back on track?

The Importance of Affordable Housing and Homeownership

The Importance of Affordable Housing and Homeownership

In commemoration of Black History Month, Freddie Mac held a panel discussion on the company's commitment to affordable housing, particularly in the African American community.

Who Do I Call...If I Need Mortgage Help While I'm Unemployed?

Who Do I Call...If I Need Mortgage Help While I'm Unemployed?

Are you struggling financially because you lost your job and want to know whether there's a way to reduce the strain of trying to make your monthly mortgage payments until you find a new job?

Who Do I Call...If I Need to Move for a Military or Other Job Relocation?

Who Do I Call...If I Need to Move for a Military or Other Job Relocation?

Do you need to relocate within a tight timeframe because of a permanent change of military station or other job transfer and want to explore options for selling your home quickly?

The Cost of Moving In

The Cost of Moving In

Whether you're moving across town or across the country, you'll need to budget for the cost of transporting yourself and everything you own to a new home.

Who Do I Call...For Mortgage Help During Financial Hardship?

Who Do I Call...For Mortgage Help During Financial Hardship?

If a major event in your personal life has dealt a long–term blow to your finances, are you wondering whether you might have your monthly mortgage payment lowered to fit your reduced income?

3 Benefits of Credit Risk Transfer

3 Benefits of Credit Risk Transfer

Credit risk transfer is changing the way the U.S. residential housing market is funded. Learn about its 3 main benefits.

Improve Your Homebuying Odds: Get Pre-Approved

Improve Your Homebuying Odds: Get Pre-Approved

Anyone looking to buy — especially in a competitive market — should ask a reputable lender to pre–approve them for a mortgage.

This Tool Makes It Easier to Manage Your Money

This Tool Makes It Easier to Manage Your Money

If your resolution is to get into a new home this year, it's important to understand how to manage your money. In fact, this knowledge is valuable in any case.

Who Do I Call...About a Letter I Received from Freddie Mac?

Who Do I Call...About a Letter I Received from Freddie Mac?

Did you receive a letter from Freddie Mac with the subject, 'Borrower Notification: Freddie Mac Has Purchased Your Loan' but don't know what it means or what to do about it?

Borrowing Power to Increase Nationwide in 2017

Borrowing Power to Increase Nationwide in 2017

New rules mean you may be able to borrow more next year.

Considering A Manufactured Home?

Considering A Manufactured Home?

Forget what you think you know about manufactured homes. With prices averaging $71,300, they might just be the affordable housing option you're looking for.

What Do Homebuying and High School Have in Common?

What Do Homebuying and High School Have in Common?

Counselors who can help you succeed. A high–school guidance counselor might have advised you on what you needed to do to graduate and the path you might take toward your future. A housing counselor can advise you on how to become and stay a homeowner.

A Down Payment of Less than 20% Is OK. Really.

A Down Payment of Less than 20% Is OK. Really.

Did you know that the average down payment among first–time homebuyers is 6% and it's 13–14% for repeat buyers, according to the National Association of Realtors®? It's possible to put down even less.

Baby Boomer Myths: Up-Close and Personal with Sean Becketti, Chief Economist

Baby Boomer Myths: Up-Close and Personal with Sean Becketti, Chief Economist

Baby Boomers comprise one-quarter of the population but own two-thirds of the housing wealth. Their decisions will reshape our housing market in the coming years. Freddie Mac's chief economist uses our latest survey results to bust some myths about 55+ homeowners and renters.

Sales on Track Despite Limited Housing Stock & Rising House Prices

Sales on Track Despite Limited Housing Stock & Rising House Prices

How are home sales looking now that we're more than half way through 2016?

Chris Boyle Wins HousingWire Women of Influence Kudos

Chris Boyle Wins HousingWire Women of Influence Kudos

Congratulations to Chris Boyle, Freddie Mac Single-Family SVP of Sales & Relationship Management, for being recognized among the housing industry's top 'Women of Influence' by HousingWire.

Many Returns of the Day, USDA!

Many Returns of the Day, USDA!

Congratulations to the U.S. Department of Agriculture (USDA) Rural Development on its Single-Family Housing Guaranteed Loan Program's 25th anniversary! Freddie Mac looks forward to working together even more closely over the next 25.

$650 Billion And Going Strong

$650 Billion And Going Strong

We're celebrating an important corporate milestone — the transfer of a significant amount of mortgage credit risk on $650 billion in unpaid principal balance of single-family and multifamily loans.

HARP: Two Ways to Save

HARP: Two Ways to Save

HARP, a federal program launched to help homeowners who owe more on their home than it's worth, helps borrowers save in two ways: through lower rates and lower terms. Find out if you're eligible for HARP and act fast as the program ends soon!

Beware of Phishers Trying to Hook Your Closing Costs

Beware of Phishers Trying to Hook Your Closing Costs

Homebuying season can be open season for scams. Don't get caught.

Calculating Ways Homeowners Can Save Money

Calculating Ways Homeowners Can Save Money

During the homebuying process, you're probably focused on all of the related costs. Why not think a bit about how you might save money once you're a homeowner? Freddie Mac's calculators and worksheets can help.

Chris Boyle Wins HousingWire Women of Influence Kudos

Chris Boyle Wins HousingWire Women of Influence Kudos

Congratulations to Chris Boyle, Freddie Mac Single-Family SVP of Sales & Relationship Management, for being recognized among the housing industry's top 'Women of Influence' by HousingWire.

Freddie Mac Earns Three Mortgage-Backed Securities Awards

Freddie Mac Earns Three Mortgage-Backed Securities Awards

For the second consecutive year Freddie Mac's Structured Agency Credit Risk (STACR®) debt notes have been named RMBS Deal of the Year by Global Capital, a leading financial news and data service covering the capital markets. Freddie Mac also earned top honors for Best Overall Securitization Issuer and Best RMBS Issuer.

Down Payments: There's Help for That

Down Payments: There's Help for That

'If only I could afford the down payment, I could buy that home.' You might be able to do both. An acceptable down payment might be smaller than you think (hint: less than 20%). On top of that, you might be eligible for down payment assistance.

Dear Seller, Pick Me

Dear Seller, Pick Me

Congratulations, you've found the home of your dreams! Before you submit an offer, you may want to include one thing to set you apart from the competition — a letter to the seller.

Take the Anxiety Out of Your First Home Offer

Take the Anxiety Out of Your First Home Offer

Here's how to put together an opening bid on a house without making yourself a nervous wreck.

Who Let the Bugs In?

Who Let the Bugs In?

Spring has sprung and so have the bugs and rodents seeking to invade homes. Whether you are looking at homes to purchase or are a homeowner, there's no time like the present to inspect a home's exterior, especially after the long winter season, which can make it more inviting to house-hunting pests.

Your Top 3 Down Payment Myths Debunked

Your Top 3 Down Payment Myths Debunked

Today we're debunking the top 3 down payment myths in time for spring homebuying.

The Best Year in Home Sales Since 2007!

The Best Year in Home Sales Since 2007!

Expect home sales to carry this momentum forward in 2016.

Tips, Bits & Lists: It's a Wrap

Tips, Bits & Lists: It's a Wrap

Today we wrap up our 12 days of tips, bits & lists blog series with an overview of the financial obligations that come with homeownership.

Tiny Houses: Just Right for Retirement?

Tiny Houses: Just Right for Retirement?

Tiny houses and micro-units typically bring to mind Millennials and Generation Xers shrinking their housing costs and environmental impacts. But they could be gaining popularity among Baby Boomers, too.

Get Ready, Here Comes Winter

Get Ready, Here Comes Winter

Winter is off to a mild start in many places across the country but, depending on where you live, that'll change soon enough. So take this time to prepare yourself and your home for the wintry weather ahead.

Serious Delinquency Rate at 7 Year Low

Serious Delinquency Rate at 7 Year Low

Freddie Mac's single-family serious delinquency rate declined to 1.36% in November 2015, reaching its lowest level since October 2008.

Tips, Bits & Lists: Day 7

Tips, Bits & Lists: Day 7

Today in our tips, bits & lists blog series learn about the 7 factors that affect your mortgage interest rate.

More Homeowners Tap Equity

More Homeowners Tap Equity

An estimated $12.2 billion in net home equity was cashed out during the refinance of conventional prime-credit home mortgages in the third quarter.

Building a Better Housing Finance System

Building a Better Housing Finance System

A better housing finance system that's good for the industry, investors and America's taxpayers. This is how we're doing it.

 What Do Renters Save For: Tahiti or an Emergency Expense?

What Do Renters Save For: Tahiti or an Emergency Expense?

What are renters' savings priorities? We asked these questions and more in our quarterly renter survey.

The Closing Process: What to Expect

The Closing Process: What to Expect

You've saved for it, searched for it, found it, and negotiated over it. Finally, you're ready to take possession of it — your new home. Before that can happen, however, comes the closing process.

Financial Obligations: What to Expect

Financial Obligations: What to Expect

There are many financial obligations that come with homeownership. Here's what you can expect.

Home Inspections: What to Expect

Home Inspections: What to Expect

Home inspections are so important because they give you the opportunity to thoroughly inspect the home with a professional before you spend any of your hard-earned money to buy it. Here's what you can expect from yours.

Down Payments: What to Expect

Down Payments: What to Expect

If you're in the market to buy a home, your down payment is probably top of mind. Here's what you should expect.

Giving Credit Where Credit Is Due

Giving Credit Where Credit Is Due

It's International Credit Union Day – and we're giving credit where credit is due.

Making an Offer: What to Expect

Making an Offer: What to Expect

You've found the home you've been searching for and now it's time to make your offer. Learn what steps to expect in the process.

Your Team: What to Expect

Your Team: What to Expect

Learn what to expect from your home buying team.

Freddie Mac's support for student housing

Freddie Mac's support for student housing

Student housing is a growing sector of the multifamily market.

Freddie Mac Announces Relief for Eligible Borrowers, Employers, Employees in South Carolina Disaster Areas

Freddie Mac Announces Relief for Eligible Borrowers, Employers, Employees in South Carolina Disaster Areas

Borrowers whose home or place of business is in a disaster area, borrowers should immediately contact their mortgage servicer – the company to which they send their monthly mortgage payment.

August Home Sales

August Home Sales

With summer now in the review mirror, how are home sales tracking so far this year?

Freddie Mac: First-Time Homebuyer Gains Hold Steady in 2015

Freddie Mac: First-Time Homebuyer Gains Hold Steady in 2015

According to the latest numbers, Freddie Mac financed affordable mortgages for nearly one million first-time homebuyers and over 4.5 million low- and moderate-income borrowers between 2009 and 2015.

Top 5 Concerns of Potential Homebuyers

Top 5 Concerns of Potential Homebuyers

What's the biggest concern about buying a home? Redfin posed that question to more than 3,500 households. Check out this year's top five and how they compare to last year's.

Help for Borrowers Struggling to Make Higher HAMP Payments

Help for Borrowers Struggling to Make Higher HAMP Payments

If higher HAMP payments have left you struggling, you may be eligible to have your loan re-modified.

The Best July for Home Sales Since 2006

The Best July for Home Sales Since 2006

How will home sales compare this year?

Where Are Homebuyers Hiding? In Single-Family Rentals

Where Are Homebuyers Hiding? In Single-Family Rentals

The housing industry is wondering who is America's next homebuyer? One group is people renting single-family properties, according to new Freddie Mac research.

Brass Tacks Facts: Test Your Knowledge

Brass Tacks Facts: Test Your Knowledge

Test your knowledge of mortgage essentials.

Remodeling? 6 Tips for Hiring Professionals

Remodeling? 6 Tips for Hiring Professionals

Chances are you'll need to hire professional help for at least part of your remodeling project. Keep these 6 in mind when hiring one:

Take Root Milwaukee Celebrates Fifth Year of Stabilizing Neighborhoods

Take Root Milwaukee Celebrates Fifth Year of Stabilizing Neighborhoods

Since Freddie Mac launched Take Root Milwaukee in 2010, the 32 member lenders, real estate firms, and government agencies have helped more than 16,400 residents buy a home, fix a home, build their finances, and avoid foreclosure.

Counseling Without the Couch: What a Housing Counselor Can Do for You

Counseling Without the Couch: What a Housing Counselor Can Do for You

A housing counselor can be a great ally for a homebuyer – especially for someone navigating the process for the first time.

Down Payment Hurdles May Be Easier to Clear Than You Thought

Down Payment Hurdles May Be Easier to Clear Than You Thought

Lack of funds for a down payment is the reason often given for not buying a home. Contrary to what some believe, the down payment doesn't need to be 20% or more of the purchase price. And for eligible homebuyers, financial help with the down payment is available.

10 States with the Highest Foreclosure Rates

10 States with the Highest Foreclosure Rates

The national foreclosure rate reached a 19-month high in May, according to real estate information company RealtyTrac. As reported in USA Today, the rise is largely the result of a bottleneck of older foreclosures finally being pushed through the process.

5 Tips to Help Recent Grads Build Credit

5 Tips to Help Recent Grads Build Credit

A good credit history matters a lot in reaching important goals in your life like buying a house or car, renting an apartment and to some degree even getting a job. Here are 5 tips to help recent grads build credit.

4 Reasons Home Sales Are Surging

4 Reasons Home Sales Are Surging

Reports the Associated Press: 'Home sales are on pace for their best year since 2007. First-time buyers are streaming back into the market.' Why all the activity now after so many years of sluggishness?

May Home Sales

May Home Sales

With new home sales data out for May, we're currently running 17,000 home sales (non-seasonally adjusted) above the May 2013 rate keeping us on track for the best year in home sales since 2007.

Get Ready, Set Before Going to Shop for Your First Home

Get Ready, Set Before Going to Shop for Your First Home

Buying your first home is a huge and often intimidating step. How to start? Read on for tips from the Independent Community Bankers of America.

Curb Appeal (to Game of Thrones fans)

Curb Appeal (to Game of Thrones fans)

Missing Game of Thrones already? Well, we found something that might cheer you up – and believe it or not, it's actually related to housing.

5 Tips for a Better Credit Score

5 Tips for a Better Credit Score

Your credit score influences a lender's decision to give you a single-family home mortgage loan – or not. These five tips can help you gain or maintain solid credit.

Spring Homebuying: Test Your Knowledge

Spring Homebuying: Test Your Knowledge

We hope you enjoyed our series on spring homebuying. Take today's quiz to test your knowledge.

What Home Means

What Home Means

In honor of National Homeownership Month and our important mission to make home possible we asked, 'What does home mean to you?' See what people from across the nation said.

5 Tips for House Hunting With Kids

5 Tips for House Hunting With Kids

Including your children in your home search can help them better adapt to change and ease anxiety. Here are 5 tips to help make your house hunt an enjoyable family task.

350,000 Mortgages: A Snapshot

350,000 Mortgages: A Snapshot

See what type of mortgages Freddie Mac funded in the first quarter.

4 Ways to Bridge the Cash Gap

4 Ways to Bridge the Cash Gap

Need help with cash for down payments and closing costs? Here are 4 ways to close that gap.

Use Your Assets

Use Your Assets

Good news for retiring Baby Boomers and other savvy homebuyers who have limited incomes but substantial financial assets – these will help you to qualify for a low-rate mortgage.

You've Got Questions? We've Got Answers

You've Got Questions? We've Got Answers

What's on your mind these days when it comes to housing? Thanks to our consumer response specialists who answer your questions every day, we've got a pretty good idea. Here are five of the questions they hear most often.

Heading into May, Momentum Builds for Home Sales

Heading into May, Momentum Builds for Home Sales

Last month, we indicated that April would be a make or break month for home sales. So, how are we doing?

Choosing a Neighborhood: 5 Considerations for First-time Buyers

Choosing a Neighborhood: 5 Considerations for First-time Buyers

Choosing a neighborhood is about more than location, location, location. These 5 considerations can help you buy a home that is a good fit, will serve you well and will be a good investment for your future.

Housing Stability Index Shows 60% of Top 100 U.S. Metro Markets Improving

Housing Stability Index Shows 60% of Top 100 U.S. Metro Markets Improving

MiMi now tracks the top 100 metro markets across the country.

The FYI on PMI

The FYI on PMI

Confused about PMI? Here's the FYI.

Mortgage Rates: Still the Deal of the Century

Mortgage Rates: Still the Deal of the Century

If you are in the market to buy a home, today's average mortgage rates are something to celebrate compared to almost any year since 1971.

4 Tips for Former Homeowners Returning to the Market

4 Tips for Former Homeowners Returning to the Market

Homeownership is becoming a possibility again for many families who lost their homes to foreclosure or short sale early in the Great Recession. For those who want to get back into the homeownership game, these four tips can help them prepare.

4 Tips for Nipping Closing Day Jitters

4 Tips for Nipping Closing Day Jitters

Follow these four tips to help you nip those closing day jitters.

No Foolin'

No Foolin'

We're not the only ones who believe that a 3% down mortgage product will help boost sales this spring homebuying season.

April, Make or Break for Home Sales

April, Make or Break for Home Sales

Pending home sales trend bodes well for best home sales since 2007.

3% Down Checklist

3% Down Checklist

Our checklist can help determine if our new 3% down mortgage is right for you.

Help for Borrowers Struggling to Make Higher HAMP Payments

Help for Borrowers Struggling to Make Higher HAMP Payments

If you're struggling to make a higher mortgage payment because of an interest rate reset on your HAMP modification, help is now available.

Homes from Seattle to Miami: Start Your Search Here

Homes from Seattle to Miami: Start Your Search Here

Are you looking for a 2 bed, 2 bath home in Seattle? Or perhaps you have your sights set on a 2 bed, 2 bath condo in Miami. HomeSteps® has homes just like these and more across the country – one of them may be the home you've been dreaming of.

5 Tips for First-time Homebuyers

5 Tips for First-time Homebuyers

Buying a home is an exciting experience, but it can also be overwhelming if you don't understand the entire mortgage process. Check out these five tips from Bankrate.com to make it easier.

The Dress, the WeaselPecker and Housing Data

The Dress, the WeaselPecker and Housing Data

See how home sales perform this spring with our new interactive housing tracker.

5 Tips for First-time Homebuyers

5 Tips for First-time Homebuyers

Buying a home is an exciting experience, but it can also be overwhelming if you don't understand the entire mortgage process. Check out these five tips from Bankrate.com to make it easier.

87% of U.S. Homes Qualify for Down Payment Assistance

87% of U.S. Homes Qualify for Down Payment Assistance

You could get down payment help for more than 68 million homes across the country.

3 Ways Your Tax Refund Can Bring You Closer to Homeownership

3 Ways Your Tax Refund Can Bring You Closer to Homeownership

Over the course of the next few months, nearly 8 out of 10 tax filers will get a refund. Here are three ways yours could bring you closer to making your dream of homeownership a reality.

How Many First Responders Own Homes?

How Many First Responders Own Homes?

Most firefighters, police and paramedics are homeowners, says a new Freddie Mac analysis of data from the U.S. Census and Bureau of Labor Statistics.

Punxsutawney Phil's Prediction

Punxsutawney Phil's Prediction

Today is Groundhog Day. And in a time honored tradition, all eyes were on Punxsutawney Phil. Is spring coming early or is it still 6 weeks away?

Serious Delinquency Rate at Six Year Low

Serious Delinquency Rate at Six Year Low

Freddie Mac's single-family serious delinquency rate declined to 1.88% at December 31, 2014, reaching its lowest level since January 2009.

4 Tips for Buying a HomeSteps Home

4 Tips for Buying a HomeSteps Home

HomeSteps homes are definitely worth a look if you're shopping for a home. Buying one is even easier with these 4 tips.

Nearly 50% of Homebuyers Aren't Shopping Around

Nearly 50% of Homebuyers Aren't Shopping Around

A recent study by the Consumer Financial Protection Bureau and the Federal Housing Finance Agency found that almost half of U.S. homebuyers fail to shop around for mortgages.

Best Bang for the Condo Buck

Best Bang for the Condo Buck

In today's purchase market, condos could be the answer for many first-time homebuyers and those with lower and/or limited incomes. See where you get the best bang for your buck.

3% Down: More Questions Answered

3% Down: More Questions Answered

Since lenders will soon begin taking applications, today we're answering more questions about our new 3% down mortgage - Home Possible Advantage.

In Good Faith

In Good Faith

Closing costs average about $2,539 – so it's important to understand what your costs will be before you commit to the loan. That's where the Good Faith Estimate comes in.

Where Does the Secondary Mortgage Market Go from Here?

Where Does the Secondary Mortgage Market Go from Here?

Freddie Mac CEO Donald H. Layton met this week with mortgage bankers at their annual conference. Learn his thoughts on what may be ahead for the secondary market and its many stakeholders.

More Possible Home Possible

More Possible Home Possible

Next month, enhancements to Freddie Mac's Home Possible® Mortgages will make more homes possible for families nationwide.

How One Family Found Answers and Hope

How One Family Found Answers and Hope

Ryan and Linda felt discouraged. They didn't know where to turn for help in keeping their Phoenix-area home. Then a friend suggested contacting a housing counselor.

The Rising Generation of Hispanic Homebuyers

The Rising Generation of Hispanic Homebuyers

If you are wondering who tomorrow's homebuyers will be, look no further than the nation's fastest-growing population segment — Hispanics.

Seriously Delinquent Rate Reaches Lowest Point in Five Years

Seriously Delinquent Rate Reaches Lowest Point in Five Years

The decline in Freddie Mac's single-family seriously delinquent rate to below 2% is good news for homeowners.

53% of Americans Believe House Prices Will Rise in Coming Year

53% of Americans Believe House Prices Will Rise in Coming Year

When asked if home prices in general would go up, down or stay the same over the next 12 months, the vast majority (84%) of Americans said that they expected them to rise or stay the same. Read about other key findings in Bankrate's September 2014 Financial Security Index.

Your HAMP Modification Interest Rate May Reset This Year

Your HAMP Modification Interest Rate May Reset This Year

If you received a HAMP loan modification in 2009, the interest rate on your mortgage may have or will soon reset to a higher rate. Find out how much.

Home Searches Made Easier

Home Searches Made Easier

Home searching just got easier with HomeSteps.com's Home Search Account. Register today.

Housing Markets Stabilizing, Fundamentals Normalizing

Housing Markets Stabilizing, Fundamentals Normalizing

The newly updated Multi-Indicator Market IndexSM (MiMiSM) shows the U.S. housing market continuing to plod along with most markets still generally weak, while those with stronger local economies and favorable demographics continue to improve at a much stronger pace.

Mortgage Fraud: Most Active States & Schemes

Mortgage Fraud: Most Active States & Schemes

The five most active states for mortgage fraud, and the most active schemes, according to Freddie Mac's fraud investigators.

529: It's not Just for College Savings

529: It's not Just for College Savings

529 is not just a college savings plan. It's also the amount of the reduction in your monthly mortgage payment had you completed a Home Affordable Mortgage Program (HAMP) loan modification over the last five years. Learn if HAMP is right for you.

Nearly 30% of Housing Metros Unaffordable

Nearly 30% of Housing Metros Unaffordable

With the latest data, 47 of the 163 metros are now unaffordable. While that's only 29% of markets, these markets represent roughly 44% of households in our sample.

The Math Challenge: Whether to Rent or Buy?

The Math Challenge: Whether to Rent or Buy?

Find out which is the better option when the monthly payment is the same.

Who's Who?

Who's Who?

The homebuying process: It's exciting, can be intimidating and there are a lot of people involved. The good news? All these people work hard to make your experience as smooth as possible, including several that will hold your hand throughout the process. Let us introduce you.

How Do Mortgage Fraudsters Find Their Targets?

How Do Mortgage Fraudsters Find Their Targets?

Borrower desperation simplifies the fraudsters' job to the point where all they have to do is advertise a promise and post a phone number or e-mail address.

Cash-Out Refinancing Ticks Higher As Boom Ends

Cash-Out Refinancing Ticks Higher As Boom Ends

The share of borrowers refinancing fell below 50 percent for the first time since the third quarter of 2008. This represents the longest boom since Freddie Mac started its quarterly Refinance Report in 1990.

HARP: It's the Real Deal

HARP: It's the Real Deal

Today, we're swatting down one of the answers we hear most when we ask eligible borrowers why they haven't HARPed: They think it's a scam. Here's why it's not.

Home Sales Pace Slows in June

Home Sales Pace Slows in June

The housing recovery continues to slog forward, with some markets improving but most remaining flat. This latest reading on new home sales is yet another sign of this slog.

Help Around the Corner and Across the Country

Help Around the Corner and Across the Country

Whether you're struggling with your mortgage or hoping to buy a home, Freddie Mac's Borrower Help Centers and Borrower Help Network offer you trustworthy, one-to-one help.

Housing Markets Slog Forward

Housing Markets Slog Forward

Based on the latest release of MiMi more markets moved into their stable range of housing activity including Salt Lake City, Los Angeles, Nashville and Pittsburgh metro areas as well as Idaho and Utah states.

Taking Responsibility

Taking Responsibility

While shopping for your home is fun and exciting, it's important to remember the responsibilities and financial commitments you'll have as a homeowner. Saving for your down payment and signing on the dotted line are simply the first steps to homeownership.

Are you Leaving Money on the Table?

Are you Leaving Money on the Table?

There are about 675,000 homeowners who could save money by refinancing through HARP, but have yet to take advantage of the program. Are you one of them?

What Homeowners Will Do to Sell Their Homes

What Homeowners Will Do to Sell Their Homes

Beyond lowering the price, 71% of homeowners are willing to make additional concessions to sell their home in today's market – whether it's including appliances, their furniture or paying for a buyer's closing costs.

Three Ways to Improve Your Credit Score Today

Three Ways to Improve Your Credit Score Today

Your credit is a key factor in qualifying for a mortgage, and the higher the score the better. If your credit score is lower than you'd like, don't despair. These three steps can help you begin rebuilding it today.

It's a Wrap

It's a Wrap

Did you know it's the last day of National Homeownership Month? Today we wrap-up our month-long blog series and recap the favorites.

Housing Markets Show Little Improvement

Housing Markets Show Little Improvement

Most housing markets remain weak despite declining mortgage delinquencies, improving local employment, house price gains and attractive mortgage rates due to weak home purchase mortgage applications according to Freddie Mac's new housing stability index aka MiMi.

Are Americans Paying More or Less for Housing?

Are Americans Paying More or Less for Housing?

Did you know that in some states like Maine 3.3% more of its homeowners were spending more than 30% of their income on housing in 2012 than they were in 2005? In California, the opposite occurred. Looking at renters, we see an almost unilateral increase in their cost burden during the same time period.

Down Payments and PMI:  Get the Low Down

Down Payments and PMI: Get the Low Down

If you're in the market to buy a home, you've probably heard the rule of thumb that you shouldn't buy a home unless you can put down 20% to avoid paying Private Mortgage Insurance (PMI). Why is 20% the magic number and what is PMI?

Five Generations in Housing

Five Generations in Housing

Did you know that 76% of first-time homebuyers are Gen Y? And that only 55% of The Silent Generation finances their home purchase? No matter our age, we all play an important role in today's housing market.

Dissecting High, Medium and Low Homeownership Rates

Dissecting High, Medium and Low Homeownership Rates

Did you know homeownership rates are very high (80 percent or more) in former Eastern Bloc nations like Romania (97 percent), Slovakia (90 percent), and Bulgaria (87 percent) because a wave of mass privatization following the fall of Communism in the 1990s enabled families living in public housing to take title to their flats at little or no cost?

Millennials Hold on Homeownership

Millennials Hold on Homeownership

Did you know that the homeownership rate for young Americans under 35 is at its lowest ever? The rate is down to 36 percent for Millennials, our largest generation making up 25 percent of the U.S. population.

Renovation Projects with the Best ROI

Renovation Projects with the Best ROI

Did you know fixing up your home's exterior will give you the biggest bang for your buck when renovating?

5 Percent Down Payment?  You Bet.

5 Percent Down Payment? You Bet.

Did you know 40 percent of today's homebuyers using mortgage financing are making down payments that are less than 10 percent?

Home Improvement Shows 'Bring the House Down'

Home Improvement Shows 'Bring the House Down'

Did you know that nearly 40 percent of people planning home improvements this year were motivated by popular DIY and design TV shows, like This Old House?

Use Your Assets

Use Your Assets

Did you know that you can use your financial assets to qualify for a conforming, conventional mortgage?

One Loan Per Second

One Loan Per Second

Did you know that it used to take up to two years worth of documentation and two months wait time to find out if your mortgage would be approved?

Small Towns, Odd Names:  We're Here

Small Towns, Odd Names: We're Here

Whether you live in New York City with over eight million others or Chicken, AK with just seven, we're funding loans right where you live. Big or small, north or south, whatever the name, we're here.

Price Per Square: A Global Perspective

Price Per Square: A Global Perspective

Did you know that housing in major U.S. cities is relatively inexpensive compared to other cities around the world?

Buying a Home? Get CreditSmart

Buying a Home? Get CreditSmart

There's a good reason why we dream of owning a home. And, there's also a good reason to prepare and become financially literate first. Why? Because educated borrowers are better prepared for successful, long-term homeownership and overall financial stability. Get smart through CreditSmart, our free financial education program.

All in the Family

All in the Family

Did you know that 14 percent of recent homebuyers purchased a home to accommodate growing households as their adult children, siblings or aging parents move in?

Celebrate National Homeownership Month

Celebrate National Homeownership Month

Today kicks off National Homeownership Month and our month-long Did You Know? blog series featuring interesting and fun facts about housing.

Fixing to Sell REO in Today's Market

Fixing to Sell REO in Today's Market

In order to compete for value conscious buyers in today's market, Freddie Mac's HomeSteps® sales division repaired nearly half of the REO homes it sold in 2013, up from about a third in a typical year. Examples of winning kitchen and bathroom upgrades can be seen here.

Taper Tempered:  Mortgage Rates Near 7 Month Lows

Taper Tempered: Mortgage Rates Near 7 Month Lows

Just the talk of tapering sent mortgage rates sharply higher last June from 3 % to mid-4 %. All this happened well before even a smidgen of tapering was actually started by the Fed.

Down Payment Assistance:  It's The Real Deal

Down Payment Assistance: It's The Real Deal

You've found your first home and your lender has approved you for a mortgage. But there's one catch you're short of the cash you need for a down payment. Don't sweat - help may be available.

Help Could Be Right Around the Corner

Help Could Be Right Around the Corner

If you're having trouble paying your mortgage and need advice, help could be right around the corner.

Bigger Pinch: Housing Affordability

Bigger Pinch: Housing Affordability

So where's the most affordable place to buy a home for the typical family? You might be surprised. The NYC metro is actually more affordable than Boulder, San Jose and Barnstable Town, MA. The most affordable metro area in the country is now Decatur, IL.

Mansion or Yurt: What Can You Afford?

Mansion or Yurt: What Can You Afford?

Dreaming of owning a home and wondering how much you can afford? You're not alone. It's one of the most important questions you'll need to answer before you can begin house hunting – and many factors, aside from your income and car payment, come into play.

Harp, Harp, Harp

Harp, Harp, Harp

If you owe more on your mortgage than your home is worth and haven't refinanced into a lower interest rate, this HARP is for you.

The 4 Cs of Qualifying for a Mortgage

The 4 Cs of Qualifying for a Mortgage

Thinking about buying a home but not sure whether you qualify for a mortgage? Here's what lenders look for in a borrower.

Interest Rate vs. APR

Interest Rate vs. APR

Ever wonder why mortgage rates are quoted both in terms of interest rate and APR? And what the difference is?

Mortgage Myths Busted

Mortgage Myths Busted

What do unicorns, leprechauns, and the mandatory 20 percent home down payment have in common? They're all myths.

Three Tips for Mortgage Newbies

Three Tips for Mortgage Newbies

More tips on how to safely apply for a mortgage.

Attention Renters:  Opportunity is Knocking

Attention Renters: Opportunity is Knocking

With rates near historic lows and a rebounding housing market, opportunities for first-time homebuyers abound. Plus, factor in the current rent vs. buy cost analysis and you may find that homeownership makes good financial sense.

New Home Sales Slow in March

New Home Sales Slow in March

While the news is certainly not good for new home sales, it's helpful to try to keep the sales data in perspective.

What's the Point?

What's the Point?

Your financial house is in order and you're ready to make your dream of homeownership a reality. Now it's time to get a mortgage. As you shop around, you'll see that many lenders offer a menu of mortgage rate-point combinations. So what are these so called 'points' and is there a point in paying them?

Financially Speaking, What's Your IQ?

Financially Speaking, What's Your IQ?

April is Financial Literacy Month – an ideal time to brush up on your financial education and life-long money management skills. To get started, let's take a look at your financial IQ.

After Winter Chill, Time to Spring Forward

After Winter Chill, Time to Spring Forward

Interested in the forecast for the spring and beyond? In housing, a thaw is underway and we're seeing signs of an emerging purchase market.

Protect Your Mortgage Application from Identity Thieves

Protect Your Mortgage Application from Identity Thieves

Mortgage applications are a gold mine for identity thieves. Here's a common sense tip for keeping your personal data away from prying eyes.

Hot or Not?

Hot or Not?

Whether you live in a hot or cold real estate market could be the best determinant for setting your home's listing price. New research shows that the largest driver for the optimal initial listing strategy is the health of the local market, not the underlying value of the home.

Do You Know How You're Scored?

Do You Know How You're Scored?

Your FICO® score is an important part of a lender's credit decision, influencing the credit that's made available to you and the terms that you're offered. It's calculated using information from several pieces of data from your credit report. Scores range from 300 (worst) to 850 (best). Find out how a FICO Score breaks down.

Taxes Are Not the Only Thing Due April 15th

Taxes Are Not the Only Thing Due April 15th

Taxes are not the only thing due April 15th – it's also the deadline for homebuyers and real estate agents to take advantage of the HomeSteps Winter Sale Promotion.

Housing's Sweet 16

Housing's Sweet 16

Is there a 'Sweet 16' for the nation's housing markets? Not quite. But we're getting there according to our new housing index – MiMi – just released today.

First Steps for Homebuyers

First Steps for Homebuyers

With the spring home buying season upon us, here are some rules of the road to know before you buy a home in today's market.

Mortgage Rates: From Dirt Cheap, to Cheap

Mortgage Rates: From Dirt Cheap, to Cheap

The same home you considered buying a year ago with a $200,000 mortgage would now cost about $90 more in interest payments per month, or about $1,080 per year, given the general rise in mortgage rates since last year. But let's put this increase into perspective – and take the long view.