Posts Tagged ‘ Freddie Mac ’

Federal Reserve Hikes Interest Rates By 0.75% to Combat Rising Inflation

Jun 17th, 2022

The Federal Reserve raised the stakes in the fight to combat rising inflation on Wednesday, hiking interest rates by 0.75% in an effort to douse cold water on historic inflation. Door and window industry executives say the increase is necessary but it is likely to test companies’ resolve. Recording-Breaking Rates The rate hike is the […]

Market for New Homes Shows Promise as Rates Hang Low

Jul 20th, 2020

As COVID-19 continues to dampen the U.S. economy, the housing market waved a flag of relief in July, indicating that homebuyers are ready to move again under the stimulus of record-low interest rates. According to Federal Home Loan Mortgage Corp. (Freddie Mac), the average rate for 30-year fixed-rate mortgages fell to 2.98% last week. Meanwhile, […]

Grassroots Trade Program Has Big Aspirations

Dec 3rd, 2019

As a shortage of skilled labor reinforces the need for early development through career and technical education, a Texas-based grassroots program is adding its contributions. Richard Laughlin, president and owner of Laughlin Home and Restoration, started Casa Über Alles, a program that aims to help worker deficits—including in door and window manufacturing and installation. The […]

NAHB Says Senate Bill is Important Step Forward on Road to Housing Finance Reform

Jun 27th, 2013

The National Association of Home Builders (NAHB) says the bipartisan legislation introduced this week by Sens. Bob Corker (R-Tenn.) and Mark Warner (D-Va.) is an important first step in moving the dialogue forward on overhauling the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, and the U.S. housing finance system. The Housing Finance Reform and […]

Economists Say Housing Will See Upturn; Warn Headwinds May Impede Growth

Jan 24th, 2013

Economists speaking at the International Builders’ Show in Las Vegas say the housing market will begin to pick up speed in its recovery during 2013, but note that this growth may be met with some opposition. “Nearly every measure of housing market strength—sales, starts, prices, permits and builder confidence—has been trending upward in recent months […]

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