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Freddie Mac Issues Monthly Volume Summary for Aug. 2024
Freddie Mac mortgage book grows 4.2% in August, largest rise of 2024
Freddie Mac's (OTCQB:FMCC) mortgage portfolio climbed at an annualized rate of 4.2% in August to $3.54T, it said on Wednesday, stronger than July's 1.9% gain and also marking the largest monthly increase of 2024.
Freddie Mac Issues Monthly Volume Summary for August 2024
Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for August 2024, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management,
Freddie Mac Home Possible Mortgages: What You Need to Know
Learn more about the advantages and drawbacks of Freddie Mac Home Possible and how to qualify to help you decide if it's right for you. What Is the Freddie Mac Home Possible Progr
30-Year Fixed-Rate Mortgage Reaches Lowest Level in 2 Years
Average rate on 30-year mortgage slips to 6.08 percent, lowest level in two years
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, increased slightly this week. The average rate rose to 5.16 percent from 5.15 percent last week. A year ago, it averaged 6.72 percent, Freddie Mac said.
The average rate on a 30-year mortgage slipped to 6.08% this week, Freddie Mac says, its lowest level in two years
The average rate on a 30-year mortgage slipped to 6.08% this week, Freddie Mac says, its lowest level in two years
The 30-Year Fixed-Rate Mortgage Reaches Lowest Level in Two Years
Although this week’s decline was slight, the 30-year fixed-rate mortgage trended down to its lowest level in two years,” said Sam Khater, Freddie Mac’s Chief Economist. “Given the downward trajectory of rates,
Multi-Housing News
29m
Commercial Mortgage Delinquency Rates Increased in Q2 2024
Details from the Mortgage Bankers Association’s latest report on the second quarter of 2024. Read the details.
Mortgage News Daily
13h
Mortgage Rates Are 110% NOT Lower This Week
Because we created the industry's first daily mortgage rate index based on actual lender rate sheets without any subjective ...
HousingWire
3d
More loan buybacks from Freddie Mac are raising eyebrows
Seller repurchases of Freddie Mac mortgages rose to $430 million in the second quarter, up 29.1% from the prior quarter.
18h
Mortgage Rates Hovering About a Quarter Point Above 2-Year Low
After sinking last week to its lowest level since 2022, the 30-year mortgage rate average has edged higher. But so far it's ...
9h
30-year mortgage rate hits 2-year low
The average rate on a 30-year fixed-rate mortgage remained nearly unchanged this week but reached its lowest level in two ...
ConsumerAffairs
17h
Mortgage rates fell again this week
In the wake of the Federal Reserve’s cut in the federal funds rate, mortgage rates also are continuing their downward trend.
The San Joaquin Valley Sun
14h
Mortgage rates drop to two-year low
The average rate on a 30-year fixed-rate mortgage reached its lowest level in two years, with rates averaging 6.08% as of ...
Bill McEwen
16h
30-Year Mortgage Rates Hit Two-Year Low, Sparking Increased Refinancing Activity
Explore the impact of low mortgage rates on the housing market. Learn how buyers are taking advantage of favorable interest ...
1d
Mortgage rates came down, but aren't heading as low as you might remember
The 30-year mortgage averaged 6.09%, according to Freddie Mac -- a big drop from a 7.79% spike last year. Where are rates ...
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