Federal Home Loan Mortgage Corporation (FMCCI)
- GlobeNewswire
Freddie Mac Issues Monthly Volume Summary for May 2024
MCLEAN, Va., June 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for May 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 cycles. Si
- Benzinga
Prospective Homebuyers Get Little Respite As Mortgage Rates Expected To Plateau, Freddie Mac Predicts
Prospective homebuyers hoping for a significant drop in mortgage rates this year might need to recalibrate their expectations.Freddie Mac’s U.S. Economic, Housing and Mortgage Market Outlook report for June forecasts that rates will hover above 6.5% through the end of the year amid persistent inflation, despite an anticipated Federal Reserve rate cut. Currently, the average 30-year fixed rate is 6.87%. Don't Miss: If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with mon
- Benzinga
1.5 Million New Homes Needed To Meet Demand, Says Freddie Mac, But There's A Catch
The U.S. housing market faces a significant problem: there aren't enough homes to go around. Experts at Freddie Mac say we need an extra 1.5 million homes to meet current demand. This shortage is evident because there are very few vacant homes for rent or sale, putting a lot of pressure on people looking for a place to live. However, it seems that the 1.5 million shortage is an understatement, as it doesn’t account for potential housing demand and vacant housing that is not for sale or for rent.
