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Freddie Mac News Release Archive

Mortgage Rates Decline

MCLEAN, Va., Jan. 12, 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 6.33 percent. “While mortgage rates have resumed their decline, the market remains... More

Freddie Mac Multifamily Issued $65 Billion in 2022 Securities

MCLEAN, Va., Jan. 12, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) issued $65.1 billion of securities through its Multifamily risk transfer platform in 2022. A leading issuer of multifamily securities, the company settled $46.5 billion in K-Deals ® and forwardly placed $14.7 billion through... More

Mortgage Rates Inch Up

MCLEAN, Va., Jan. 05, 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 6.48 percent. “Mortgage application activity sunk to a quarter century low this week as high... More

The 30-Year Fixed-Rate Moves Higher

MCLEAN, Va., Dec. 29, 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 6.42 percent. “The housing market remains in the doldrums with declining sales, inventory and... More

Freddie Mac Issues Monthly Volume Summary for November 2022

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

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

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