Topic: Freddie Mac Holdings
Mortgage rates remain below 5 percent
AP News
Rates on 30-year fixed mortgages fall to 4.95 percent, weeks before Fed exitMortgage rates held below the 5 percent threshold for the second straight week, a report said Thursday, weeks before a government program that has been keeping rates low is scheduled to expire. The average rate on a ...
Geithner urges reform on housing finance market
Reuters US Online Report Business News
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner said on Wednesday that "fundamental reform" of the government's role in the housing finance market is needed and it will be next year before proposals are ready for Congress. He told a House of Representatives appropriations subcommittee that principles to guide reform of ...
Bailed-out U.S. financial stocks surge
Reuters US Online Report Business News
NEW YORK (Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery. Citigroup Inc <C.N> stock rose as much as 8.4 percent after a prominent ...
Mortgage rates fall below 5 percent
AP News
Freddie Mac: Rates on 30-year fixed mortgages dip below 5 percent, remain near record lowsMortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out. The average rate on a 30-year fixed rate mortgage was 4 ...
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