Federal Home Stock Price, News & Analysis

Freddie Mac's latest Primary Mortgage Market Survey reveals a decline in mortgage rates, with the 30-year fixed-rate mortgage averaging 6.85%, down from 6.89% last week and 6.99% a year ago. The 15-year fixed-rate mortgage also decreased to 5.99% from 6.03% last week, compared to 6.29% a year ago. Chief Economist Sam Khater notes this decrease is positive news for potential homebuyers, particularly as housing inventory improves and price growth slows. The PMMS focuses on conventional, conforming home purchase loans for borrowers with 20% down payment and excellent credit.

Freddie Mac (OTCQB: FMCC) reported in its Primary Mortgage Market Survey® that the 30-year fixed-rate mortgage (FRM) averaged 6.89% as of May 29, 2025, showing a slight increase from 6.86% last week, but lower than the 7.03% recorded a year ago. The 15-year FRM also saw a minor uptick to 6.03% from 6.01% last week, remaining below the previous year's rate of 6.36%.

Chief Economist Sam Khater emphasized the importance of rate shopping, suggesting potential borrowers could save thousands by obtaining multiple quotes. The survey focuses on conventional, conforming home purchase loans for borrowers with 20% down payment and excellent credit.

Freddie Mac (OTCQB: FMCC) has released its Monthly Volume Summary for April 2025. The report contains detailed information about the company's mortgage-related portfolios, securities issuance, risk management practices, delinquency rates, debt activities, and other investment operations.

This routine monthly disclosure provides transparency into Freddie Mac's operational performance and financial activities in its role of promoting liquidity, stability, and affordability in the housing market.

Freddie Mac (OTCQB: FMCC) has released its Primary Mortgage Market Survey® showing that the 30-year fixed-rate mortgage averaged 6.86% as of May 22, 2025, a slight increase from 6.81% last week but lower than the 6.94% recorded a year ago. The 15-year fixed-rate mortgage increased to 6.01% from 5.92% last week, remaining below the previous year's rate of 6.24%.

According to Sam Khater, Freddie Mac's Chief Economist, purchase application activity remains stable, supported by increased housing inventory compared to recent years. The survey focuses on conventional, conforming home purchase loans for borrowers with 20% down payment and excellent credit.

Freddie Mac (OTCQB: FMCC) has announced the pricing of its Seasoned Loans Structured Transaction Trust (SLST) Series 2025-1, a $284.2 million securitization backed by seasoned residential mortgage loans. The transaction includes $262.9 million in guaranteed senior certificates and $21.3 million in non-guaranteed subordinate certificates. The deal, expected to settle on May 28, 2025, is backed by 1,891 fixed-, adjustable-, and step-rate seasoned loans. The SLST program is part of Freddie Mac's strategy to reduce less-liquid assets and transfer credit risk. Since 2011, Freddie Mac has sold approximately $10.4 billion of NPLs and securitized about $80.3 billion of RPLs through various programs. The underlying loans will be serviced by Select Portfolio Servicing, Inc., with none being more than 150 days delinquent as of the cut-off date.

Freddie Mac (FMCC) reported that the 30-year fixed-rate mortgage (FRM) averaged 6.81%, marking the 17th consecutive week below 7%. This represents a slight increase from last week's 6.76% but remains lower than the 7.02% recorded a year ago. The 15-year FRM averaged 5.92%, up from last week's 5.89% and down from 6.28% a year ago.

According to Chief Economist Sam Khater, the stable mortgage rates combined with moderately increasing inventory are attracting homebuyers, with purchase application activity up 18% compared to last year. The survey focuses on conventional, conforming home purchase loans for borrowers with 20% down payment and excellent credit.

Freddie Mac (OTCQB: FMCC) has announced significant automations to its underwriting process through enhanced Loan Product Advisor® (LPA®) technology. The update, leveraging machine learning, can help mortgage originators save up to $1,500 per loan and reduce loan production cycle time by 5 days. The company also introduced the Freddie Mac Income Calculator, a free tool helping lenders calculate income for gig economy and self-employed borrowers.

The automation improvements include enhanced automated collateral evaluation (ACE) waivers, which have saved families over $2 billion in appraisal costs since 2017. The LPA Choice® feature has helped qualify an additional 18,000 borrowers for mortgages. A fully digitized mortgage process can reduce costs by up to 40%, with lenders using automation seeing 14% cheaper origination costs and higher customer satisfaction.

Freddie Mac (OTCQB: FMCC) reports that mortgage rates remained stable, with the 30-year fixed-rate mortgage (FRM) averaging 6.76%, unchanged from the previous week and down from 7.09% a year ago. The 15-year FRM decreased to 5.89% from last week's 5.92%, compared to 6.38% a year ago.

According to Chief Economist Sam Khater, the current rate environment, which is 30 basis points lower than last year, has led to increased purchase applications, contrasting with the declining trend observed a year ago. The survey focuses on conventional, conforming home purchase loans for borrowers with 20% down payment and excellent credit.

Freddie Mac (OTCQB: FMCC) has announced the results of its tender offer for various STACR (Structured Agency Credit Risk) Notes. As of May 6, 2025, approximately $1.7 billion aggregate original principal amount of Notes had been validly tendered. The tender offer was conducted according to conditions set in the Offer Documents dated April 30, 2025.

Notable tender results include 84.16% acceptance of STACR 2022-DNA4 M-1A ($466.3M), 78.89% of STACR 2022-DNA2 M-1B ($470.9M), and 78.55% of STACR 2022-DNA3 M-1A ($527.9M). The settlement date is expected on May 8, 2025, with guaranteed delivery purchases scheduled for May 12, 2025.

The tender offer is being managed by BofA Securities and Wells Fargo Securities as lead dealer managers, with CastleOak Securities as co-dealer manager.