The average rate on a 30-year mortgage fell to 6.76% this week, Freddie Mac says, the lowest level since mid-December.

Fannie Mae & Freddie Mac offer high-risk, high-reward opportunities. Learn why Fannie Mae stands out, with insights on IPOs and conservatorship updates.

The average rate on a 30-year mortgage is now at its lowest level since Dec. 19, when it was also 6.72%. It briefly fell to a 2-year low last September, but has been mostly hovering around 7% this year. That’s more than double the 2.65% record low the average rate hit a little over four years ago.

The prospect of Fannie Mae and Freddie Mac returning to the private sector would have substantial ripple effects on mortgage rates, bank liquidity and capital ratios.

The yield on the 10-year Treasury bond continues to inch lower and that’s having the effect of pulling down mortgage rates. The bond’s yield has fallen fro

For repeat sales of the same home, this metropolitan area saw the No. 5 steepest year-over-year home price declines last year.

Housing observers see an opportunity to fundamentally remake a system to close the gap on serving historically marginalized communities.

Federal Home Loan Mortgage Corporation (“Freddie Mac”) filed a notice of data breach with the Attorney General of

The U.S. government may soon return Fannie Mae and Freddie Mac to private markets less than two decades after turmoil nearly toppled the mortgage industry.

MCLEAN, Va., Feb. 25, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for January 2025, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments.

Sen. Elizabeth Warren (D-MA), the ranking member of the Senate Banking, Housing, and Urban Affairs Committee, sent a letter to Bill Pulte, the nominee for director of the Federal Housing Finance Committee,