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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 published its Monthly Volume Summary for March 2025. The summary includes key information about the company's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. This routine monthly report provides transparency into Freddie Mac's operations and financial activities in support of its mission to promote liquidity, stability, and affordability in the housing market.
Freddie Mac (OTCQB: FMCC) reported a decline in mortgage rates in its latest Primary Mortgage Market Survey®. The 30-year fixed-rate mortgage (FRM) averaged 6.76%, down from 6.81% last week and significantly lower than the 7.22% recorded a year ago. The 15-year FRM also decreased to 5.92% from 5.94% last week, compared to 6.47% a year ago. Chief Economist Sam Khater noted that the 30-year FRM rates have fallen below the first quarter average of 6.83%.
Freddie Mac (OTCQB: FMCC) has announced its First Quarter 2025 financial results and filed its Quarterly Report on Form 10-Q with the SEC. The company has made the earnings press release, Form 10-Q, and financial results supplement available on their Investor Relations website. A media call is scheduled for 9 a.m. ET on May 1, 2025, with a concurrent webcast that will be available for replay for approximately 30 days.
Freddie Mac (OTCQB:FMCC) has scheduled the release of its First Quarter 2025 financial results for Thursday, May 1, 2025, before U.S. financial markets open. The company will host a media call at 9 a.m. Eastern Time on the same day.
The event will feature a concurrent webcast, with replay availability on the company's website for approximately 30 days. All related materials will be accessible through Freddie Mac's Investor Relations webpage.
As a key player in the housing market since 1970, Freddie Mac's mission focuses on:
- Making home ownership possible for families nationwide
- Promoting market liquidity
- Ensuring stability and affordability across economic cycles
Freddie Mac has announced a fixed-price cash tender offer to purchase any and all of specific STACR Notes (Structured Agency Credit Risk). The tender offer begins April 30, 2025, and expires at 5 p.m., New York City time, on May 6, 2025.
BofA Securities and Wells Fargo Securities are serving as lead dealer managers, with CastleOak Securities as co-dealer manager. The expected settlement date is May 8, 2025, with guaranteed delivery purchases expected on May 12, 2025.
The offer includes multiple STACR Notes series from 2016-2022, with tender offer considerations ranging from $1,001.88 to $1,195.00 per $1,000 original principal amount. Notable offerings include large principal amounts such as $672 million for STACR 2022-DNA3 M-1A and $597 million for STACR 2022-DNA2 M-1B notes.
Freddie Mac (OTCQB: FMCC) reported a slight decrease in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.81%, down from 6.83% last week and 7.17% a year ago. The 15-year FRM decreased to 5.94% from 6.03% last week, compared to 6.44% a year ago.
According to Sam Khater, Freddie Mac's Chief Economist, the 30-year fixed-rate mortgage has maintained stability over the last couple of months, fluctuating less than 20 basis points. This stability is viewed as beneficial for both buyers and sellers in the housing market.
Freddie Mac (OTCQB: FMCC) reported that the 30-year fixed-rate mortgage (FRM) averaged 6.83% as of April 17, 2025, showing an increase from last week's 6.62%. This marks the thirteenth consecutive week of rates remaining below 7%.
The current rate environment shows improvement compared to last year when rates were at 7.1%. Purchase application demand is currently 13% higher than the previous year, indicating a stronger start to this year's spring homebuying season. The 15-year FRM averaged 6.03%, up from last week's 5.82%, but lower than the previous year's 6.39%.
Freddie Mac (OTCQB: FMCC) has announced the sale of 28 deeply delinquent non-performing residential first lien loans (NPLs) to VRMTG ACQ, The transaction, valued at approximately $5.3 million, is part of Freddie Mac's Extended Timeline Pool Offering (EXPO®) and is expected to settle in June 2025.
Key details of the sale include:
- Average loan balance: $188,000
- Average delinquency: 16 months
- Geographic location: Texas
- Previously modified loans: 55% of pool balance
The sale is part of Freddie Mac's strategy to reduce less-liquid assets in its mortgage-related investments portfolio. Since 2011, the company has sold $10.4 billion of NPLs and securitized about $80.3 billion of re-performing loans through various programs.
Freddie Mac (OTCQB: FMCC) reports that the 30-year fixed-rate mortgage (FRM) continues its downward trend, averaging 6.62% as of April 10, 2025, a decrease from 6.64% last week and 6.88% from the previous year. The mortgage rate has remained below 7% for twelve consecutive weeks.
The 15-year FRM held steady at 5.82%, down from 6.16% a year ago. According to Sam Khater, Freddie Mac's Chief Economist, purchase applications are increasing, suggesting a more favorable spring homebuying season compared to last year.
Freddie Mac (OTCQB: FMCC) reports a slight decrease in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.64% as of April 3, 2025, down from 6.65% last week and 6.82% a year ago. The 15-year FRM decreased to 5.82% from 5.89% last week, compared to 6.06% a year ago.
According to Sam Khater, Freddie Mac's Chief Economist, the 30-year fixed-rate has shown stability over the last month, leading to increased purchase application demand reaching the highest growth rate since late last year.