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Freddie Mac News Release Archive

Freddie Mac Sells $188 Million in Non-Performing Loans

Awards SPO Pool to One Winner MCLEAN, Va., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 982 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio.... More

The 30-Year Fixed-Rate Mortgage Reaches Lowest Level in Two Years

MCLEAN, Va., Sept. 26, 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 6.08 percent. “Although this week’s decline was slight, the 30-year fixed-rate mortgage... More

Freddie Mac Issues Monthly Volume Summary for August 2024

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

Mortgage Rates Continue to Tumble

MCLEAN, Va., Sept. 19, 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 6.09 percent. “Mortgage rates continued declining towards the six percent mark, reviving... More

Mortgage Rates Drop to their Lowest Level Since February 2023

MCLEAN, Va., Sept. 12, 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 6.20 percent. “Mortgage rates have fallen more than half a percent over the last six weeks... More

Freddie Mac Names Industry Leader Diana Reid CEO

Transition to take place immediately MCLEAN, Va., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that its Board of Directors has selected real estate and financial services industry veteran Diana Reid to serve as the company’s chief executive officer (CEO), effective... More

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

MCLEAN, Va., Sept. 06, 2024 (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

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