Worried About Interest Rates? Just Be Glad It’s Not the 1980s

Rising interest rates are a real concern today, but a recent blog post on Freddie Mac’s website helps put the topic in perspective. The average interest rate on a 30-year, fixed-rate mortgage this week was 4.4 percent, up from 4.32 percent last week … Continue reading

Homebuyers Are Happy, Led by Millennials

Recent homebuyers are overwhelmingly happy with their purchases, according to a recent survey, but the reasons why depend on the age of the buyer. Most younger buyers consider their homes strong investments, while older buyers view their new homes as … Continue reading

California, Bay Area Economic Recovery Still Going Strong

As we reported earlier this week, Freddie Mac recently issued a sunny 2014 forecast for the U.S. housing market but noted that job growth will play a key role in the ongoing recovery. California’s February unemployment report bolsters Freddie Mac’s optimistic outlook here in … Continue reading