Federal Home Stock Price, News & Analysis

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.

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.