Daily Mortgage News

Freddie Mac, which was taken over by the government in September, is assigning a new CEO. John Koskinen. John was a non executive chariman with Freddie Mac since Freddie Mac was taken over by the government. I hope John can do his job better then previous CEO David Moffett did.

Daily Mortgage Rates

Conventional 30 Yr. Fixed Rate: 5.375%

FHA 30 Year Fixed Rate: 5.50%

100% (USDA) 30 Yr. Fixed Rate: 5.50%