Freddie Mac News Release Archive

MCLEAN, Va., Jan. 16, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 7.04 percent. “Mortgage rates ticked up for the fifth consecutive week and crossed seven... More

Company Supported Over 507,000 Affordable Rental Units in 2024, on Track to Exceed Affordable Housing Goals MCLEAN, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced its 2024 production volume totaled $66 billion, a 34% increase over 2023.... More

MCLEAN, Va., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced enhancements that leverage both companies’ automation technologies to enable lenders to more quickly and... More

MCLEAN, Va., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic wildfires in California. Freddie Mac’s forbearance program provides homeowners mortgage relief for up to 12... More

Company brought new flexibility to meet investor needs and increase liquidity, stability, affordability in multifamily market MCLEAN, Va., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) issued $56 billion of securities through its multifamily risk transfer platform in 2024,... More

MCLEAN, Va., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing the 30-year fixed-rate mortgage (FRM) averaged 6.93 percent. "In the first full week of the new year, the 30-year fixed-rate mortgage... More

Financial services veteran to lead strategic planning and external outreach McLEAN, VA (January 9, 2025) – Craig Phillips will join Freddie Mac as executive vice president, corporate strategy and external affairs, the company announced today. In this role, he will work with the chief executive

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MCLEAN, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Freddie Mac’s (OTCQB: FMCC) newly released Outlook forecasts multifamily originations to rise in 2025, while predicting modest rent growth below the long-term average and a slight increase in vacancy rates, which will remain above the long-term... More

MCLEAN, Va., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the election of Jane E. Prokop, Ph.D. to its Board of Directors, which was effective on January 2, 2025. Ms. Prokop has spent nearly three decades in the financial services sector, working in areas such as... More

Ten-year company veteran named EVP & CFO effective immediately MCLEAN, Va., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) today announced the appointment of James Whitlinger as executive vice president and chief financial officer (CFO), effective January 1, 2025.... More