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>> FANNIE MAE Latest News

JAN 22, 2015 - TheStreet

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5 Reasons Printing Money Won’t Save Moribund European Economies

NEW YORK (TheStreet) -- The European Central Bank is ready to initiate a €60 billion ($69 billion) monthly government bond buying program -- quantitative easing -- but that won't do much for the moribund continental economy. Central banks can print money to purchase government bonds to push up prices and lower interest rates on those assets and competing debt, such as corporate ...

Tags: 5 Reasons Printing Money Won’t Save Moribund European Economies,  Fannie Mae Latest News

JAN 22, 2015 - MarketWatch

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U.S. home prices grew 0.8% in November, FHFA says

WASHINGTON (MarketWatch) -- U.S. house prices rose a seasonally adjusted 0.8% in November, according to the Federal Housing Finance Agency house price index released Thursday. October's gain was revised to 0.4% from 0.6%. Compared to November 2013, prices were up 5.3%, or 4.5% below the April 2007 peak. The index is based on mortgages sold to or guaranteed by Fannie ...

Tags: U.S. home prices grew 0.8% in November, FHFA says,  Fannie Mae Latest News

JAN 15, 2015 - TheStreet

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Low Mortgage Rates Won't Mean Much to Homebuyers With Poor Credit

NEW YORK (TheStreet) -- With 30-year fixed rate mortgages tumbling below 4%, the stage appears set for a surge in homebuying this spring. But the ultra-low rates won't matter much if consumers can't get a mortgage because of poor credit. Falling government bond yields pushed 30-year fixed rate mortgages down to 3.73% on average for the week ended Jan. 8, ...

Tags: Low Mortgage Rates Won't Mean Much to Homebuyers With Poor Credit,  Fannie Mae Latest News

JAN 15, 2015 - TheStreet

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Why U.S. Housing Market Is Poised for Recovery

NEW YORK (TheStreet) -- Mortgage rates are plunging. Cheap gasoline is putting more money in consumers' pockets. And job growth among millennials, who are at the prime age for first-time home buying, is improving. There are plenty of reasons why the housing market may be poised to take off. Many Americans are already taking advantage of the drop in mortgage ...

Tags: Why U.S. Housing Market Is Poised for Recovery,  Fannie Mae Latest News

JAN 14, 2015 - TheStreet

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U.S. Will Have Full Employment by Mid-2016: Moody’s Mark Zandi

WEST CHESTER, PA (TheStreet) -- The U.S. economy is on a roll. Real GDP is expanding at a 3% pace, which is producing a prodigious 3 million jobs a year. Unemployment is falling rapidly, at more than a percentage point per year. If this growth is sustained, the economy will be back to full employment by mid-2016. The last time the ...

Tags: U.S. Will Have Full Employment by Mid-2016: Moody’s Mark Zandi,  Fannie Mae Latest News