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Freddie Mac News Release Archive

The 30-Year Fixed-Rate Mortgage Continues to Trend Down

MCLEAN, Va., Dec. 22, 2022 (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 6.27 percent. “Heading into the holidays, mortgage rates continued to move down,” said Sam... More

Freddie Mac Announces Replacement Rates for its Legacy LIBOR Contracts

MCLEAN, Va., Dec. 22, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it will transition its legacy U.S. dollar (USD) LIBOR-indexed contracts to an index based on the Secured Overnight Financing Rate (SOFR) for loans and securities for which Freddie Mac is responsible for... More

Mortgage Rates Continue their Downward Trajectory

MCLEAN, Va., Dec. 15, 2022 (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 6.31 percent. “Mortgage rates continued their downward trajectory this week, as softer... More

Freddie Mac Multifamily Announces Two Senior Vice Presidents

Steve Johnson Named Head of Production & Sales Bill Buskirk becomes Chief Operating Officer MCLEAN, Va., Dec. 14, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced two Senior Vice President roles. Steve Johnson will be head of Production & Sales — a position he has... More

Mortgage Rates Continue to Drop

MCLEAN, Va., Dec. 08, 2022 (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 6.33 percent. “Mortgage rates decreased for the fourth consecutive week, due to increasing... More

Mortgage Rates Continue to Decrease

MCLEAN, Va., Dec. 01, 2022 (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 6.49 percent. “Mortgage rates continued to drop this week as optimism grows around the... More

Mortgage Rates Tick Down

MCLEAN, Va., Nov. 23, 2022 (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 6.58 percent. This week’s results include an adjustment for the observance of Thanksgiving.... More

Freddie Mac Issues Monthly Volume Summary for October 2022

MCLEAN, Va., Nov. 22, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for October 2022, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other... More

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