Freddie Mac News Release Archive

MCLEAN, Va., Sept. 21, 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 7.19 percent. “Mortgage rates continue to linger above seven percent as the Federal Reserve... More

MCLEAN, Va., Sept. 14, 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 7.18 percent. “Mortgage rates inched back up this week and remain anchored north of seven... More

MCLEAN, Va., Sept. 13, 2023 (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

MCLEAN, Va., Sept. 12, 2023 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) today published the company’s first Sustainability Report, which provides details about the company’s 2022 sustainability strategy, activities and performance. The report also includes the company’s Sustainability Accounting... More

MCLEAN, Va., Sept. 08, 2023 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) announced today that Michael J. DeVito has informed the Board of Directors of his intention to retire as Chief Executive Officer in the first quarter of 2024. The Board will begin a search for a successor, and a smooth... More

MCLEAN, Va., Sept. 07, 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 7.12 percent. “For the fourth consecutive week, the 30-year fixed-rate mortgage hovered... More

MCLEAN, Va., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR ® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning... More

MCLEAN, Va., Sept. 01, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its relief options for those affected by Hurricane Idalia. Freddie Mac’s forbearance program provides homeowners mortgage relief for up to 12 months without incurring... More

MCLEAN, Va., Aug. 31, 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 7.18 percent. “Mortgage rates leveled off this week but remain elevated.... More

MCLEAN, Va., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that Peter Lillestolen has been named Vice President, Production & Sales of Targeted Affordable Housing (TAH). In his new role, Peter will oversee the TAH retail business, Low-Income Housing Tax... More