Freddie Mac

Freddie Mac, long name- Federal Home Loan Mortgage Corporation, is a GSE (Government Sponsored Enterprise), and is commonly mistaken to be a Government Agency.  Though put under conservatorship of the Federal Housing Finance Agency in September of 2008, the purpose of Freddie Mac has been little changed.  The purpose of Freddie Mac is to function in the Mortgage Backed Securities Arena as a guarantor of mortgages for a fee.

Business News: Freddie Mac’s Home Possible® Reaches New Level of Support

MCLEAN, VA – Jan. 15, 2019 – Freddie Mac announced Tuesday that its flagship Home Possible® mortgage origination program has exceeded $50 billion in home mortgages that were provided to 262,328 families across the United States.  Home Possible assists low- to moderate-income home-buyers by offering a three-percent down payment solution from a variety of funding … Continue reading Business News: Freddie Mac’s Home Possible® Reaches New Level of Support

Freddie Mac News: Multifamily 2019 Outlook

TYSONS CORNER, VA – Jan. 17, 2019 – Freddie Mac is a publicly traded, government sponsored enterprise, ranked No. 38 on the 2018 Fortune 500 list of the U.S. corporations by revenue. A new analysis by Freddie Mac finds that performance in the multifamily market remained healthy during 2018 and is expected to continue into 2019, … Continue reading Freddie Mac News: Multifamily 2019 Outlook

US Realty News-Freddie Mac Reports 30 Year Mortgage Rates at 4.62 Percent

From US Realty News In a further continuing decline, albeit just a notch, of reported 30 year mortgage rates to 4.62 percent by Freddie Mac, the home mortgage loan market continues to show a bit of weakness in what is typically considered a slow seasonal time.  So this slight rate decrease was not what one … Continue reading US Realty News-Freddie Mac Reports 30 Year Mortgage Rates at 4.62 Percent

Mortgage Rate Reported at 3 Month Low

This article appeared first at USREALTY.NEWS In light of decreasing interest rates, geopolitical concerns, and even the anticipation of the Federal Reserve on the Federal Funds Rate, Freddie Mac has reported another weekly decline in 30 year mortgage rates to 4.63 percent. Visit USREALTY.NEWS for an interactive rate chart If this trend continues, 30 year … Continue reading Mortgage Rate Reported at 3 Month Low

Freddie Mac reports slight downtick in 30 year mortgages

A slight drop in reported 30 year mortgage rates by Freddie Mac continues to show a short term decline in rates.  With last weeks rise in 10 year treasuries, there was a possibility that we may have seen a slight increase, but this did not happen and we have experienced 3 continued weeks of either … Continue reading Freddie Mac reports slight downtick in 30 year mortgages

30 Year Mortgage Rates Hold Steady from Last Week

Freddie Mac has reported 30 year mortgage rates have held steady from last weeks drop, at 4.81 percent From USREALTY.NEWS This hold followed a drop in reported rates from October 11 rates of 4.9 percent and the range up to 4.94 percent reported at the November 8 to November 15 time frame. As rates steady … Continue reading 30 Year Mortgage Rates Hold Steady from Last Week

California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

  LOS ANGELES/ Nov. 27 (STL.News) The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to increase the 2019 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $484,350 on one-unit properties and a cap of $726,525 in high-cost … Continue reading California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

Existing-Home Sales Increase for the First Time in Six Months

  WASHINGTON/ November 23, 2018 (STL.News) Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors®. Three of four major U.S. regions saw gains in sales activity last month. Total existing-home sales1, https://www.nar.realtor/existing-home-sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.4 … Continue reading Existing-Home Sales Increase for the First Time in Six Months