Federal Chief Economists Respond to Mortgage Rates Increasing

The housing market continues to experience challenges. The Federal Home Loan Mortgage Corporation (Freddie Mac) reported that the average rate for a 30-year-fixed-rate mortgage neared 7 percent this…

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Michael DeVito, The Federal Home Loan Mortgage Corporation

Michael DeVito is CEO of Freddie Mac, the Federal Home Loan Mortgage Corporation. His organization supports the U.S. housing finance system and helps ensure a reliable and affordable…

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