“As the spring homebuying season gets underway, the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September,” says Freddie Mac Chief Economist Sam Khater. “The decline in rates increases prospective homebuyers’ purchasing power and should provide a strong incentive to make a move."

Wondering how Fannie Mae and Freddie Mac can make homeownership more affordable in 2025? With higher conforming loan limits on the way, you could save big and qualify for better rates. Here's what you need to know.

U.S. mortgage rates dropped this week the largest percentage in six months. That's the word from Freddie Mac, which released its latest data. Freddie Mac reports the 30-year fixed mortgage rate averaged 6.63% for the week ending March 6 — down from 6.76% last week. A year ago, mortgage rates averaged 6.88%.

Homebuyers can breathe a small sigh of relief, as mortgage rates are declining. Freddie Mac data released Thursday showed that “the 30-year fixed-rate mortgage saw the largest weekly decline since mid-September.

Freddie Mac (FMCC) will offer approximately $290 million in non-performing loans for sale via auction. The NPLs being offered consist of

The founder of the Detroit Blight Authority sees his nomination to head the Federal Housing Finance Agency advance toward a confirmation vote.

Freddie Mac published last Thursday an update to the Freddie Mac Guide, which included a discussion of various underwriting, fraud detection and

So far, the steady decline in mortgage rates this year hasn’t been enough to drive home sales higher. Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices froze out many would-be homebuyers despite a wider selection of properties on the market.

Freddie Mac (OTCQB:FMCC) announced on Thursday the pricing of its first Seasoned Credit Risk Transfer Trust offering of 2025—a securitization of approximately $759M, including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans.

It may seem counterintuitive, but growing economic concerns are pulling down mortgage rates. When investors seek a safe haven in the bond market, the yield

Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $290 million in non-performing loans (NPL) for sale via auction. The NPLs being offered consist of seasoned, deeply delinquent residential first lien whole loans held in Freddie Mac’s mortgage-related investments portfolio.