Freddie Mac reiterates repayment policies in the wake of COVID-19
Freddie Mac (OTCQB: FMCC) today reiterated that borrowers in forbearance living in homes owned by the company have many options to repay missed payments and are never required to choose […]
New Freddie Mac Survey Shows Affordability Continues to Drive Purchase and Rental Decisions
Key Findings: An unprecedented number of renters (84%) believe renting is more affordable than owning, an all-time high for the survey and up 17 percentage points from February 2018. Regardless, […]
Mark H. Bloom to Join Freddie Mac Board of Directors
Freddie Mac has announced that Mark H. Bloom has been elected to its Board of Directors effective November 25, 2019. Currently, Bloom is Global Chief Technology Officer and a member […]
Freddie Mac December Forecast: Optimism Heading into 2020
According to Freddie Mac’s (OTCQB: FMCC) December Forecast, the housing market will continue to stand firm as home sales increase from 6.0 million in 2019 to 6.2 million in 2020 […]
Freddie Mac Names Frank Nazzaro Chief Information Officer
Freddie Mac (OTCQB: FMCC) has announced that Frank Nazzaro has been named executive vice president and chief information officer (CIO) of the company. He is a member of the senior […]
Housing market bounce-back a boon for Freddie Mac
WASHINGTON — Mortgage giant Freddie Mac reported net income of $2.3 billion for the third quarter, reversing a loss in the same period of 2015. The government-controlled company said Tuesday […]
Freddie Mac posts $354M loss in 1Q; no dividend payment
WASHINGTON (AP) — Mortgage giant Freddie Mac reported a net loss of $354 million for the first quarter, mostly due to losses it sustained on the investments it uses to […]
Freddie Mac profit rises on higher interest rates
NEW YORK (AP) — Freddie Mac, the government-controlled mortgage company, said its net income jumped in the fourth quarter on higher interest rates. It also said Thursday that it will […]
Average US rate on 30-year mortgage falls to 3.66 percent
WASHINGTON — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway. Mortgage giant Freddie Mac said Thursday the national average for […]
Average US rate on 30-year mortgage drops to 3.75 percent
WASHINGTON — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. Mortgage giant Freddie Mac said Thursday […]
Average rate on 30-year mortgage falls to 3.63 pct.
WASHINGTON — Average long-term U.S. mortgage rates fell for the fourth straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a […]
Average rate on 30-year mortgage falls to 3.66 pct.
WASHINGTON — Average long-term U.S. mortgage rates fell for the third straight week, with the benchmark 30-year rate again marking its lowest level since May 2013. The average for a […]
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