Yields on Fannie Mae and Freddie Mac mortgage securities that guide home-loan rates fell to the lowest in almost six months, as the response of European authorities to the sovereign-debt crisis drove investors to the relative safety of US government-related debt. Fannie Mae’s current-coupon 30-year fixed-rate mortgage bonds tumbled 0.10 percentage point to 4.05%, down from 4.67% on April 5 and the lowest since Nov. 30.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
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2024 is not the year to cut corners on staging — here’s why
With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio