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Freddie Mac: Quick Takes on 2013
By SVP and Interim Head Single-Family Business Paul Mullings Now that we’re officially in the New Year, I want to share some of the expectations I and other Freddie Mac executives have for 2013. Per Freddie Mac’s latest forecast , as the housing recovery spreads and stabilizes, we’re likely to see less refinancing and more purchase mortgages for homebuying. That’s because so much of the nation’s refi demand already has been met thanks to historically low mortgage rates and the Home Affordable Refinance Program’s success. Read More
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Freddie Mac: Quick Takes on 2013
By SVP and Interim Head Single-Family Business Paul Mullings Now that we’re officially in the New Year, I want to share some of the expectations I and other Freddie Mac executives have for 2013. Per Freddie Mac’s latest forecast , as the housing recovery spreads and stabilizes, we’re likely to see less refinancing and more purchase mortgages for homebuying. That’s because so much of the nation’s refi demand already has been met thanks to historically low mortgage rates and the Home Affordable Refinance Program’s success. Read More
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