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Freddie Mac News Release Archive

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

Freddie Mac Multifamily Issued Over $53 Billion in 2023 Securities

Innovative Approaches Helped Freddie Mac Fulfill Countercyclical Role in Multifamily Market MCLEAN, Va., Jan. 04, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) issued $53.1 billion of securities through its multifamily risk transfer platform in 2023, transferring interest rate risk, liquidity... More

Heading into the New Year, Mortgage Rates Remain on a Downward Trend

MCLEAN, Va., Dec. 28, 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 6.61 percent. “The rapid descent of mortgage rates over the last two months stabilized a bit... More

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