"We wanted to help a larger swath of borrowers attain the American dream"
Cuts were necessary to keep its mortgage product competitive, the company said
Loan applications were down 1.2% last week despite rates falling to their lowest levels in months
Home prices jump 12.6%, but price gains are slowing. Stocks, meanwhile, started strong today. All this and more in today's rate snapshot
A leading industry group is saying that black borrowers face a disproportionate denial rate on Fannie Mae- and Freddie Mac-eligible loans, but Fannie Mae says it sees “serious flaws” in that conclusion
Sales of new single-family homes were up in April, but economists said the market wasn’t picking up fast enough.
When the market is tough -- as it has been for several years -- mortgage pros need all the encouragement they can get
Hobe Sound, Fla., is the No. 1 beach town in America, according to a study accounting for home values, crime rate, weather and air quality