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Freddie Mac News Release Archive

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

MCLEAN, Va., Nov. 10, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today announced the tender results of its previously announced offer to purchase (the “Offer”) any and all of the STACR ® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”).... More

As Treasury Yields Decline, Mortgage Rates Move Down

MCLEAN, Va., Nov. 09, 2023 (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 7.5 percent. “As Treasury yields decline, the 30-year fixed-rate mortgage dropped a quarter... More

Lance F. Drummond Elected Chair of Freddie Mac

Board Chair Sara Mathew to Retire in February 2024 MCLEAN, Va., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Lance Drummond will become chair of Freddie Mac’s Board of Directors, the company announced today. A member of the Board since 2015, Drummond will succeed Sara Mathew, who will retire as Board chair... More

Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes

MCLEAN, Va., Nov. 03, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Friday,... More

After a Multi-week Climb, Mortgage Rates Level Off

MCLEAN, Va., Nov. 02, 2023 (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 7.76 percent. “The 30-year fixed-rate mortgage paused its multi-week climb but continues to... More

Freddie Mac Posts 2024 Debt Funding Calendar

MCLEAN, Va., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted its 2024 funding calendar, which provides optional announcement dates for Reference Notes ® securities and announcement dates for Reference Bills ® securities. The 2024 funding calendar is available on the Debt... More

Freddie Mac Announces Third Quarter 2023 Financial Results

MCLEAN, Va., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its Third Quarter 2023 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company’s Form 10-Q and earnings press release, along with the Third... More

Mortgage Rates Continue to Climb Toward Eight Percent

MCLEAN, Va., Oct. 26, 2023 (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 7.79 percent. “For the seventh week in a row, mortgage rates continued to climb toward eight... More

Freddie Mac Issues Monthly Volume Summary for September 2023

MCLEAN, Va., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for September 2023, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and... More

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