FHFA ponders climate risk for Fannie and Freddie

The Federal Housing Finance Agency (FHFA) announced Tuesday that it is requesting input on the current and future risk of natural disasters and climate change on Fannie Mae and Freddie Mac, especially as it relates to the housing financial system overall. The Request for Input (RFI) – available for comments until

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Mortgage applications decrease as rates move higher

Mortgage applications decreased 1.9% for the week ending Jan. 15 from one week earlier, per data from the Mortgage Bankers Association’s weekly survey. The drop comes after a robust 16.7% jump in applications the prior week. The 30-year fixed rate rose to 2.92%, its highest level since last November. Additionally,

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