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Freddie Mac News Release Archive

Mortgage Rates Move Toward Seven Percent as Markets Digest Incoming Data

MCLEAN, Va., April 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 6.88 percent. “Mortgage rates have been drifting higher for most of the year due to... More

Freddie Mac Sells $104 Million in Non-Performing Loans

Awards SPO Pool to One Winner MCLEAN, Va., April 09, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 679 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio.... More

Mortgage Rates Continue to Show Little Movement

MCLEAN, Va., April 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 6.82 percent. "Mortgage rates showed little movement again this week, hovering around 6.8... More

Mortgage Rates Drop Slightly

MCLEAN, Va., March 28, 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 6.79 percent. “Mortgage rates moved slightly lower this week, providing a bit more room in... More

Freddie Mac Issues Monthly Volume Summary for February 2024

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

Mortgage Rates Increase, Nearing Seven Percent

MCLEAN, Va., March 21, 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 6.87 percent. “After decreasing for a couple of weeks, mortgage rates are once again on the... More

Freddie Mac and ICE Collaborate to Help Lenders Improve Loan Quality

LAS VEGAS, March 19, 2024 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) and Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced they’re working together to bring greater loan quality to the mortgage origination process so lenders can... More

Freddie Mac Announces Michael T. Hutchins as Interim CEO

MCLEAN, Va., March 15, 2024 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) today announced that the company has appointed President Michael T. Hutchins to the additional role of Interim Chief Executive Officer (CEO) as the company continues its search for a permanent CEO.... More

Mortgage Rates Continue to Decrease

MCLEAN, Va., March 14, 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 6.74 percent. “The 30-year fixed-rate mortgage decreased again this week, with declines... More

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

MCLEAN, Va., March 13, 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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