A top housing finance regulator announced that Fannie Mae and Freddie Mac would allow lenders to use the traditional FICO ...

Freddie Mac and Fannie Mae are government-backed companies that help with housing market affordability. They buy home loans from banks, bundle them into investments, and sell them to raise money.

Fannie Mae now predicts rates around 6.5% by the end of 2025 and 6.1% by the end of 2026.