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Freddie Mac News Release Archive

Freddie Mac Expands Assistance for Very Low-Income Purchase Borrowers

Announces $2,500 credit to help with down payment and other closing costs MCLEAN, Va., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) continued its longstanding support for low-income families, announcing today that potential homebuyers earning 50% of area median income or less are... More

Mortgage Rates Tick Down

MCLEAN, Va., Feb. 01, 2024 (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 6.63 percent. “Although affordability continues to impact homeownership, the combination of a... More

Freddie Mac Issues Monthly Volume Summary for December 2023

MCLEAN, Va., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for December 2023, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other... More

Mortgage Rates Inch Up but Remain in the Mid-Six Percent Range

MCLEAN, Va., Jan. 25, 2024 (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 6.69 percent. “The 30-year fixed-rate has remained within a very narrow range over the last... More

Freddie Mac Releases Updated Single-Family Social Bond Framework

New Mission-Centered MBS and Retooled Disclosures to Support Underserved Borrowers MCLEAN, Va., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced its updated Single-Family Social MBS and Corporate Debt Bonds Framework , which includes updates to its mortgage-backed... More

Mortgage Rates Decrease to Lowest Level Since May of 2023

MCLEAN, Va., Jan. 18, 2024 (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 6.60 percent. “Mortgage rates decreased this week, reaching their lowest level since May of... More

Roy Swan to Join Freddie Mac’s Board of Directors

MCLEAN, Va., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the election of Roy Swan to its Board of Directors effective February 19, 2024. Swan is an executive with more than 30-years of experience in law, banking, corporate finance, public policy and investment... More

Mortgage Rates Continue to Hover in the Mid-Six Percent Range

MCLEAN, Va., Jan. 11, 2024 (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 6.66 percent. “Mortgage rates have not moved materially over the last three weeks and remain... More

Mortgage Rates Move Sideways as Markets Digest Incoming Data

MCLEAN, Va., Jan. 04, 2024 (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 6.62 percent. “Between late October and mid-December, the 30-year fixed-rate mortgage... More

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