FMCC Freddie Mac

Mortgage Rates Rise

Mortgage Rates Rise

MCLEAN, Va., March 19, 2020 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its  (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.65 percent.

“Mortgage rates rose again this week as lenders increased prices to help manage skyrocketing refinance demand. This is expected to be a short-term phenomenon as lenders work through their backlog,” said Sam Khater, Freddie Mac’s Chief Economist. “On the purchase front, daily loan purchase applications were rising as of mid-February but started to decline last Friday.”

News Facts

  • averaged 3.65 percent with an average 0.7 point for the week ending March 19, 2020, up from last week when it averaged 3.36 percent. A year ago at this time, the 30-year FRM averaged 4.28 percent. 
  • averaged 3.06 percent with an average 0.7 point, up from last week when it averaged 2.77 percent. A year ago at this time, the 15-year FRM averaged 3.71 percent. 
  • (ARM) averaged 3.11 percent with an average 0.2 point, up from last week when it averaged 3.01 percent. A year ago at this time, the 5-year ARM averaged 3.84 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following link for the . Borrowers may still pay closing costs which are not included in the survey.

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, investors and taxpayers. Learn more at , Twitter and Freddie Mac’s blog .

MEDIA CONTACT:

Angela Waugaman

703-714-0644

A photo accompanying this announcement is available at

 

EN
19/03/2020

Underlying

FMCCFreddie Mac

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Freddie Mac

 PRESS RELEASE
Free
FMCC FREDDIE MAC

Mortgage Rates Remain Under Seven Percent

Mortgage Rates Remain Under Seven Percent MCLEAN, Va., May 15, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. "The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “Stable mortgage rates coupled with moderately rising inventory are attracting homebuyers into the market, with purchase application activity up 18% from last year.” News Facts The averaged 6.81% as of May 15, 2025, up from last week whe...

10h / 57m 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Using Machine Learning, Freddie Mac Announces Automated Underwriting T...

Using Machine Learning, Freddie Mac Announces Automated Underwriting That Can Save Mortgage Originators Up To $1,500 Per Loan Freddie Mac encourages lenders to pass savings on to customers MCLEAN, Va., May 15, 2025 (GLOBE NEWSWIRE) --  (OTCQB: FMCC) today announced automations to its underwriting to further reduce costs, create greater efficiency and improve the origination process for both borrowers and lenders. Utilizing machine learning, this new technology is included in ® (LPA®) effective today, as the company is greenlighting on-hold innovation, cost reduction and delighting the ...

11h / 24m 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Mortgage Rates Remain Flat

Mortgage Rates Remain Flat MCLEAN, Va., May 08, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.76%. “Mortgage rates stayed flat this week,” said Sam Khater, Freddie Mac’s Chief Economist. “At this time last year, the 30-year fixed-rate mortgage was 30 basis points higher and purchase applications were declining. Today, rates are lower and have remained stable for weeks, sparking continued increases in purchase applications.” News Facts The averaged 6.76% as of May 8, 2025, unchanged from last...

May 8, 2025 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes

Freddie Mac Announces Results of Tender Offer for Certain STACR Notes MCLEAN, Va., May 07, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today announced the tender results of its previously announced offer to purchase (the “Offer”) any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”). Certain of the classes of Notes subject to the Offer were issued by the applicable STACR trust identified in the table below (each, a “Trust”). Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the...

May 7, 2025 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Freddie Mac Issues Monthly Volume Summary for March 2025

Freddie Mac Issues Monthly Volume Summary for March 2025 MCLEAN, Va., May 01, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its for March 2025, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or...

May 1, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch