Archive for November, 2011

Friday November 18, 2011 05:21

Mortgage rates back below 4 percent

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – For just the second time in history, the average rate on a 30-year fixed mortgage fell below 4 percent in the latest week. After falling to an average 3.94 percent on a 30-year fixed mortgage in the week ending Oct. 6, rates [...]

Wednesday November 2, 2011 05:15

Freddie Mac executives to quit

Vittorio Hernandez – AHN News McLean, VA, United States (AHN) – Freddie Mac Chief Executive Charles Haldeman Jr. and non-Executive Chairman John Koskinen will step down from their posts sometime in 2012, the regulator overseeing the mortgage giant announced on Wednesday. Board member Christopher Lynch will replace Koskinen. Other directors who will also leave are [...]

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