MCLEAN, Va., May 23, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announced today the pricing of the first Seasoned Loans Structured Transaction Trust (SLST) offering of 2022 -- a securitization of approximately $385 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned residential mortgage loans. The SLST program is a fundamental part of Freddie Mac's seasoned loan offerings which reduce less-liquid assets in its mortgage-related i
(Bloomberg) -- US mortgage rates slipped slightly, the first decrease since late April, as the housing market adjusts to a central bank working to stifle the hottest inflation in more than four decades.Most Read from BloombergOne of the World’s Frothiest Housing Markets Turned Into a Seller’s Headache OvernightChina in Talks With Russia to Buy Oil for Strategic ReservesTarget and Walmart’s Deep Pain Could Be Your GainApple Shows AR/VR Headset to Board in Sign of Progress on Key Project Walmart F
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of May 19, 2022. MCLEAN, Va. , May 19, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ®(PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.25 percent. "Economic uncertainty is causing mortgage rate volatility,” said Sam Khater, Freddie Mac’s Chief Economist. “As a result, purchase demand is waning, and homebuilder sentiment has dropped to t