Fannie Mae, Freddie Mac Ipos Could Raise Mortgage Rates

Mortgage Mix: Fannie & Freddie Could See IPO, Mr. Cooper Lawsuit Going Ahead

Editor’s Note: The Mortgage Mix is RISMedia’s biweekly highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. Mortgage rates in August have hit a 10-month low; the latest 30-year-fixed mortgage rate was 6.58%, per the latest weekly report from Freddie Mac. These rates have spurred an increase in mortgage and mortgage… The post Mortgage Mix: Fannie & Freddie Could See IPO, Mr. Cooper Lawsuit Going …

Will a Fannie Mae-Freddie Mac IPO Raise or Lower Mortgage Rates?

Will the Trump administration’s plans to sell shares in Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) result in a spike in mortgage rates, or will it drive rates down? The answer, it seems, depends which expert you ask.