Freddie Mac Names President Michael Hutchins As New Interim CEO
Effective March 16, Hutchins will also become a member of Freddie Mac’s Board of Directors.
Tagged: Freddie Mac
Mortgage Rates Decline As 30-Year Fixed-Rate Mortgage Drops To 6.74%
Freddie Mac's Chief Economist warns of persistent inflation pressure despite recent rate dip, suggesting prolonged elevated rates in the mortgage market.
Despite Challenges, Homebuyers Respond Positively To Lower Interest Rates
Mortgage rates dip slightly, prompting increase in home loan applications.
Mortgage Rates Inch Up To Two-Month High, Nearing 7%
The average 30-year fixed rate mortgage jumped to 6.94% last week.
Mortgage Rates Inch Towards 7%, Threatening Spring Home Buying Frenzy
Rising rates and housing unaffordability cast shadow over market's seasonal momentum.
Mortgage Rates Creep Back Up
Freddie Mac's Primary Mortgage Survey shows rates up to 6.77% last week.
GSEs Report Strong Earnings
Robust performance marks growth for both Fannie Mae and Freddie Mac, despite a dip in home purchases.
Mortgage Rates Hold Steady
30-Year fixed-rate averages 6.64%.
Freddie Mac Introduces $2,500 Credit For Low-Income Homebuyers
Initiative aims to break down barriers to homeownership for very low-income families; accessible across Freddie Mac's mortgage products, it takes effect on March 1, 2024.