Blog

MCLEAN, Va., Dec. 21, 2023 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.67 percent.

Growers and winemakers’ patience with the long harvest was rewarded with an exceptional, age-worthy vintage. Harvest at the Renteria 360 Vineyard in Oakville, California. (Photo by Sarah Anne Risk/Napa Valley Vintners ) SAINT HELENA, CA — Coming off the heels of the longest Napa Valley growing season in a decade, vintners were glowing with the expectancy of the truly noteworthy 2023 vintage.

The Federal Housing Finance Agency (FHFA) announced it will increase the 2024 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $766,550 on one-unit properties and a cap of $1,149,825, in high-cost areas. The previous loan limits were $726,200 and $1,089,300, respectively.

Nervous nights are over in Napa Valley. The 2023 vintage looked potentially special for months – if nothing went wrong. Well, now it’s done, and not only did nothing go wrong – winemakers have finally had time to pause for breath, and they realize that ultimately, just about everything went right.

Nervous nights are over in Napa Valley. The 2023 vintage looked potentially special for months – if nothing went wrong. Well, now it’s done, and not only did nothing go wrong – winemakers have finally had time to pause for breath, and they realize that ultimately, just about everything went right.

Washington, DC (CNN) — Mortgage rates tumbled this week in the biggest one-week drop since last November. It’s the second straight week that rates have fallen, after rising for seven consecutive weeks. The 30-year fixed-rate mortgage fell to an average of 7.50% in the week ending November 9, down from 7.76% the week before, according to data from Freddie Mac released Thursday.