MCLEAN, Va., May 30, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for April 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. S
The rate rose to 7.03% from 6.94% last week, mortgage buyer Freddie Mac said Thursday. Higher mortgage rates can add hundreds of dollars a month in costs for borrowers, limiting homebuyers’ purchasing options. A year ago, it averaged 6.18%, Freddie Mac said.
(Bloomberg) -- Mortgage rates in the US rose for the first time in four weeks. Most Read from BloombergDonald Trump Becomes First Former US President Guilty of CrimesWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarSouth Africa Election Results With 29% Voting Districts InInsurers Sink as UnitedHealth Sees ‘Disturbance’ in Medicaid‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpThe average for a 30-year, fixed loan was 7.03%, up from 6.94% last week, Freddie Mac said