Federal Home Loan Mortgage Corporation (FMCCL)

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At close: January 31 at 12:42:59 PM EST

Mortgage rates tick lower, hover near 7%

Mortgage rates moved slightly lower this week, remaining near 7% as potential buyers and sellers continue to hold off on making a move as they wait for steeper declines.

Fox Business yesterday

FMCC
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%

The rate fell to 6.95% from 6.96% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.94%, Freddie Mac said. Mortgage rates are influenced by several factors, including how the bond market reacts to the Federal Reserve’s interest rate policy decisions.

Associated Press Finance yesterday

FMCC
The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged

The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged.

Associated Press Finance yesterday

FMCC
Mortgage Rates Show Little Movement

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 01/30/2025 MCLEAN, Va., Jan. 30, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.95%. "The 30-year fixed-rate has hovered between 6% and 7% for most of the last two and a half years. That trend continued this week, with the average rate remaining essentially flat at 6.95%,” said Sam Khater,

GlobeNewswire yesterday

FMCC

FMCCH
+2.46%
FMCCK
-7.50%
Mortgage Rates in US Inch Down, Keeping 30-Year Loans Below 7%

(Bloomberg) -- Mortgage rates in the US dropped for a second straight week.Most Read from BloombergManhattan’s Morning Commute Time Drops With New Congestion TollHow the 2025 Catholic Jubilee Is Reshaping RomeTrump Paves the Way to Deputize Local Police on ImmigrationHousing Aid Uncertain After Trump’s Spending Freeze MemoTrump's Federal Funding Pause Threatens State Financials The average for 30-year loans was 6.95%, down from 6.96% last week, Freddie Mac said in a statement. House hunters have

Bloomberg yesterday

FMCC
U.S. Home Prices Gained Further Toward End of 2024

U.S. home prices accelerated in November, helped by buoyant New York City purchases, though the housing market could slow ahead in 2025 as mortgage rates creep higher.

The Wall Street Journal 4 days ago

AAPL

FMCC

FMCCH
+2.46%
Freddie Mac Issues Monthly Volume Summary for December 2024

MCLEAN, Va., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for December 2024, 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, affordability and equity in the housing market throughout all economic cycle

GlobeNewswire 4 days ago

FMCC

FMCCH
+2.46%
FMCCK
-7.50%
What Will It Take for Home Buyers to Start Asking for a Disaster Discount?

The real costs of owning a house in neighborhoods that are vulnerable to flooding and wildfires are becoming clearer.

The Wall Street Journal 6 days ago

RDFN

FMCC

FMCCH
+2.46%
Mortgage rates finally fall after 6-week climb

The average 30-year fixed-rate mortgage dropped below 7% after climbing for six consecutive weeks as the housing market sees little relief amid an affordability crisis.

Fox Business 8 days ago

FMCC
Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row

The rate fell to 6.96% from 7.04% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week. A year ago, it averaged 5.96%, Freddie Mac said.

Associated Press Finance 8 days ago

FMCC
The average rate on a 30-year mortgage slips to 6.96%, Freddie Mac says, ending a five-week climb

The average rate on a 30-year mortgage slips to 6.96%, Freddie Mac says, ending a five-week climb.

Associated Press Finance 8 days ago

FMCC
Mortgage Rates Drop Below Seven Percent

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 01/23/2025 MCLEAN, Va., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.96 percent. “After crossing the 7%-mark last week, the 30-year fixed-rate mortgage saw its first decline in six weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “While affordability challenges remain, thi

GlobeNewswire 8 days ago

FMCC

FMCCH
+2.46%
FMCCK
-7.50%
It's time for Fannie & Freddie to go private: Former FDIC chair

President Donald Trump made a lot of promises on the campaign trail, and now that his second term has begun, Wall Street is keeping a close eye on one in particular: the privatization of mortgage companies Fannie Mae (FNMA) and Freddie Mac (FMCC), which has been under government conservatorship since the 2008 financial crisis. Investors are bullish it could finally happen, with shares of Fannie quadrupling since his election. Sheila Bair, former chair of the FDIC agrees, saying it's time for Fannie and Freddie to go private again. "That is far too long for any financial institution or any institution to be in a government-run conservatorship," she said. "It hurts agility, it hurts decision-making, it hurts the ability to bring in top talent to get the tech that you need. So it does need to be privatized." Bair, who was chair of the Fannie Mae board from 2020 to 2022, explained that one of the reasons she agreed to join the board was because she believed Fannie Mae would be going private again. "That was one of the reasons I joined the board and became chair because I thought we were gonna exit," Bair said, "Which I think needs to happen. And a lot of preparation work had already been done. And then of course, the (2020) election happened and there was a complete shift in priorities." Now there's been another shift, and Trump has retaken the White House. Of course, the new administration has plenty of other things to focus on first, and the process to privatize Fannie and Freddie could take years, so it's anyone's guess as to whether President Trump will actually pull the trigger. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Conor White.

Yahoo Finance Video 9 days ago

FMCC

FMCCH
+2.46%
FMCCK
-7.50%
Which Trump Trades Worked—and Which Very Much Didn’t

Investors have struggled to navigate the election, underlining the difficulty Wall Street so often has with politics.

The Wall Street Journal 13 days ago

TSLA

CXW

GEO
Billionaire Bill Ackman Thinks Donald Trump Could Make These 2 Stocks Big Winners -- and Both Are Already Up Over 6X in the Last 12 Months

Billionaire Bill Ackman isn't as much of an activist investor as he used to be. Federal National Mortgage Association (OTC: FNMA) (commonly known as Fannie Mae) and Federal Home Loan Mortgage Corporation (OTC: FMCC) (commonly known as Freddie Mac) are government-sponsored enterprises (GSEs). It takes an act of Congress to create a GSE.

Motley Fool 14 days ago

FMCC

FNMA
Bessent Clears Senate Grilling, Paving Way for Confirmation

(Bloomberg) -- Treasury Secretary nominee Scott Bessent is on track to be confirmed following a confirmation hearing Thursday lacking the theatrics some of his would-be Trump administration colleagues have faced, with questions largely keeping to policy issues like the federal budget and trade tariffs.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWill Americans Ever Lose Their Taste for Telework?S

Bloomberg 15 days ago

FNMA

FNMAG

FNMAI
Here’s how L.A. homeowners impacted by the wildfires can request mortgage relief

JPMorgan Chase and Bank of America have programs offering mortgage relief to homeowners impacted by the California wildfires.

Fortune 15 days ago

BAC

FMCC

FNMA
Trump May Privatize Fannie Mae and Freddie Mac. What It Means for Shareholders and Homeowners.

Wall Street has a pitch for Donald Trump: Cement your place in history as the “Art of the Deal” president with your biggest deal ever. Hedge fund managers like Bill Ackman have built huge stakes in Fannie Mae and Freddie Mac betting the government-sponsored entities will be privatized by the president-elect at some point in his second term. Trump has said he wants to do it.

Barrons.com 15 days ago

FMCC

FNMA
Mortgage Rates Top 7% for First Time Since Mid-2024

Mortgage rates rose above 7% for the first time since mid-2024, an early setback for a housing market that is coming off two consecutive years of poor sales. The average rate on the standard 30-year fixed mortgage rose to 7.04% this week, according to a survey of lenders by mortgage-finance giant Freddie Mac That marked the first time since May that it rose above 7%, an important psychological threshold for buyers and sellers. “Unfortunately, we’re at that point again,” said Calvin Lawhorn, president of Lawhorn & Associates Mortgage Company, where purchase and refinance volumes were down 20% from a year earlier in 2024.

The Wall Street Journal 15 days ago

FMCC

FMCCH
+2.46%
FMCCK
-7.50%
Trump Has a Path to Free Fannie, Freddie, Ackman Says. The Stocks Are Dropping.

Political challenges stand in the way of the president-elect pulling off what the hedge fund manager called “the biggest deal he’s ever done.”

Barrons.com 15 days ago

FMCC

FNMA

Performance Overview

Return	FMCCL	S&P 500
YTD	-5.88%	+2.26%
1-Year	+196.30%	+22.65%
3-Year	+358.45%	+36.30%

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Federal Home Loan Mortgage Corporation (FMCCL)

Mortgage rates tick lower, hover near 7%

Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%

The average rate on a 30-year mortgage slipped to 6.95% this week, Freddie Mac says, almost unchanged

Mortgage Rates Show Little Movement

Mortgage Rates in US Inch Down, Keeping 30-Year Loans Below 7%

U.S. Home Prices Gained Further Toward End of 2024

Freddie Mac Issues Monthly Volume Summary for December 2024

What Will It Take for Home Buyers to Start Asking for a Disaster Discount?

Mortgage rates finally fall after 6-week climb

Average rate on 30-year mortgage slips below 7% after climbing five weeks in a row

The average rate on a 30-year mortgage slips to 6.96%, Freddie Mac says, ending a five-week climb

Mortgage Rates Drop Below Seven Percent

It's time for Fannie & Freddie to go private: Former FDIC chair

Which Trump Trades Worked—and Which Very Much Didn’t

Billionaire Bill Ackman Thinks Donald Trump Could Make These 2 Stocks Big Winners -- and Both Are Already Up Over 6X in the Last 12 Months

Bessent Clears Senate Grilling, Paving Way for Confirmation

Here’s how L.A. homeowners impacted by the wildfires can request mortgage relief

Trump May Privatize Fannie Mae and Freddie Mac. What It Means for Shareholders and Homeowners.

Mortgage Rates Top 7% for First Time Since Mid-2024

Trump Has a Path to Free Fannie, Freddie, Ackman Says. The Stocks Are Dropping.

Performance Overview