Freddie Mac reports recurring developments tied to U.S. housing finance, mortgage liquidity and its role as the Federal Home Loan Mortgage Corporation. Company news commonly covers the Primary Mortgage Market Survey® for conventional conforming mortgage rates, quarterly financial results, monthly volume summaries and activity across mortgage-related portfolios, securities issuance, delinquencies, debt activities and risk management.
Freddie Mac also reports capital markets activity connected to its Single-Family credit risk transfer programs. Updates include STACR® Structured Agency Credit Risk notes, ACIS® reinsurance transactions and tender offers for certain STACR securities, reflecting the company’s use of private capital markets to transfer residential mortgage credit risk.
Freddie Mac (OTCQB: FMCC) has appointed Matthew D. Abrusci as Executive Vice President, General Counsel and Corporate Secretary, effective September 22, 2025. Abrusci brings over 30 years of experience in financial services, with expertise in banking, capital markets, and securities law.
Prior to joining Freddie Mac, Abrusci served as General Counsel at Mitsubishi UFJ Financial Group (MUFG) Americas. His career includes senior legal positions at prominent financial institutions including Royal Bank of Canada, Credit Suisse Securities, and Merrill Lynch. The appointment comes as Freddie Mac aims to enhance its efficiency and financial stability.
Freddie Mac (OTCQB: FMCC) reported a decrease in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.26%, down from 6.35% last week but higher than 6.09% a year ago. The 15-year FRM decreased to 5.41% from 5.50% last week, compared to 5.15% a year ago.
According to Chief Economist Sam Khater, the declining rates have sparked increased refinancing activity, with refinance applications reaching nearly 60% of total mortgage applications, marking the highest level since January 2022.
Freddie Mac (OTCQB: FMCC) reported a significant drop in mortgage rates, with the 30-year fixed-rate mortgage (FRM) falling to 6.35%, marking the largest weekly decline in the past year with a 15 basis point decrease from 6.50%.
The 15-year FRM decreased to 5.50% from last week's 5.60%. Chief Economist Sam Khater noted increased homebuyer activity, with purchase applications reaching their highest year-over-year growth rate in over four years. For comparison, the 30-year and 15-year FRM rates were 6.20% and 5.27% respectively a year ago.
Freddie Mac (OTCQB: FMCC) has announced the pricing of its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2025, a $707 million securitization backed by re-performing loans (RPLs). The transaction includes $673 million in guaranteed senior certificates and $34 million in non-guaranteed mezzanine and subordinate certificates.
The underlying collateral comprises 4,002 seasoned fixed-, step-, and adjustable-rate RPLs, with all mortgage loans either current or no more than 30 days delinquent. The transaction, expected to settle on September 12, 2025, will be serviced by Newrez LLC and Select Portfolio Servicing, Inc. To date, Freddie Mac has sold over $10.7 billion of Non-Performing Loans and securitized approximately $80.6 billion of RPLs.
Freddie Mac (OTCQB: FMCC) reported a decline in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.50%, down from 6.56% last week. The 15-year FRM decreased to 5.60% from 5.69% last week.
According to Chief Economist Sam Khater, the declining rates are boosting market optimism. Notably, refinancing applications have reached 47% of total mortgage applications, marking the highest level since October. This trend suggests increasing opportunities for both new homebuyers and current homeowners looking to refinance.
Freddie Mac (OTCQB: FMCC) reported that the 30-year fixed-rate mortgage (FRM) averaged 6.56%, declining from 6.58% last week but up from 6.35% a year ago. The 15-year FRM remained stable at 5.69%, compared to 5.51% a year ago.
According to Chief Economist Sam Khater, mortgage rates have reached a 10-month low, with increasing purchase demand driven by lower rates and robust economic growth. Despite ongoing affordability challenges, the declining rate environment may encourage more potential homebuyers to enter the market.
Freddie Mac (OTCQB: FMCC) has released its Monthly Volume Summary for July 2025. The report contains information about the company's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.
The Monthly Volume Summary is a regular publication that provides transparency into Freddie Mac's operations and financial activities. The company continues its mission of promoting liquidity, stability, and affordability in the housing market across economic cycles.
Freddie Mac (OTCQB: FMCC) reported that the 30-year fixed-rate mortgage (FRM) remained stable at 6.58%, unchanged from the previous week but higher than the 6.46% rate recorded a year ago. The 15-year FRM slightly decreased to 5.69% from last week's 5.71%, compared to 5.62% a year ago.
According to Chief Economist Sam Khater, summer rates have decreased, with purchase applications surpassing 2024 levels, though some potential homebuyers remain hesitant, waiting for further rate reductions.
Freddie Mac (OTCQB: FMCC) has released its 2024 and 2025 Dodd-Frank Act stress test results for the severely adverse scenario. The results have been published on the company's investor resources webpage.
The stress tests were conducted under the U.S. Federal Housing's implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which requires financial institutions to evaluate their capital adequacy under various economic scenarios.
Freddie Mac (OTCQB: FMCC) reported a decline in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.58%, down from 6.63% last week. The 15-year FRM decreased to 5.71% from 5.75% the previous week.
According to Chief Economist Sam Khater, mortgage rates have reached their lowest level since October, leading to improved purchase application activity as borrowers capitalize on the lower rates. For context, a year ago, the 30-year and 15-year FRMs averaged 6.49% and 5.66%, respectively.