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Freddie Mac

US mortgage rates fall as Fed cuts interest rates
Oct 2, 2025

30-year mortgage rate rises to 6.34% after recent lows

WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie […]

30-year U.S. mortgage rate edges up to 6.3%
Sep 25, 2025

30-year U.S. mortgage rate edges up to 6.3%

The average 30-year U.S. mortgage rate rose to 6.3%, ending a four-week decline, according to Freddie Mac.

US mortgage rates fall as Fed cuts interest rates
Sep 18, 2025

US mortgage rates fall as Fed cuts interest rates

U.S. mortgage rates fell for a third week, with 30-year loans at 6.26%, as the Fed cut rates and signaled more reductions ahead in 2025.

Average rate on a 30-year mortgage falls to lowest level in nearly a year
Sep 11, 2025

Average rate on a 30-year mortgage falls to lowest level in nearly a year

The average rate on a 30-year U.S. mortgage fell this week to its lowest level in nearly a year, reflecting a pullback in Treasury yields ahead of an expected interest rate cut from the Federal Reserve next week. The long-term rate eased to 6.35% from 6.5% last week, mortgage buyer Freddie Mac said Thursday. A year ago, […]

Average rate on a 30-year mortgage drops to lowest level since April
Sep 4, 2025

US 30-year mortgage rate dips to 6.5% amid housing slump

The average 30-year mortgage rate fell to 6.5%, down from 6.56% last week. Lower rates may boost buyer power but housing sales remain weak.

Banking | Finance 2025: ASBURY, JOHN C.
Sep 2, 2025

Banking | Finance 2025: HUTCHINS, MICHAEL T.

It’s musical chairs at Freddie Mac, Virginia’s top-ranked company on Fortune’s U.S. and Global 500 lists. In March, Hutchins became the government-sponsored home mortgage company’s interim CEO for the second time in a year after the Trump administration fired Diana Reid, who’d served as CEO just over six months. It’s a pivotal time for Freddie […]

US home sales rose in July as mortgage rates eased a bit and home prices grew more slowly
Aug 21, 2025

US home sales rose in July as mortgage rates eased a bit and home prices grew more slowly

Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five years. Existing home sales rose 2% last month from June to a seasonally adjusted annual rate of 4.01 million units, the […]

Average rate on a 30-year mortgage drops to lowest level since April
Aug 21, 2025

30-year mortgage rate steady at 10-month low

The average rate on a 30-year U.S. mortgage held steady this week at its lowest level in nearly 10 months, an encouraging sign for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate was unchanged from last week at 6.58%, mortgage buyer Freddie Mac said Thursday. A year […]

FILE - Federal Reserve Board of Governors member Lisa Cook, right, talks with Federal Reserve Chairman Jerome Powell before an open meeting of the Board of Governors at the Federal Reserve, June 25, 2025, in Washington. (AP Photo/Mark Schiefelbein, File)
Aug 20, 2025

Trump calls on Federal Reserve governor to resign after official accuses her of mortgage fraud

President Donald Trump urged Federal Reserve governor Lisa Cook to resign after a Trump administration official accused her of mortgage fraud, intensifying the administration’s push to reshape the central bank.

This July 13, 2008, file photo shows the Freddie Mac headquarters in McLean. (AP Photo/Pablo Martinez Monsivais)
Aug 8, 2025

Trump eyes Fannie Mae, Freddie Mac IPO in 2025

Trump plans to sell up to 15% of Fannie Mae and Freddie Mac stock, raising $30B and potentially reshaping the U.S. mortgage market.

Average rate on a 30-year mortgage drops to lowest level since April
Aug 7, 2025

Average rate on a 30-year mortgage drops to lowest level since April

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate fell to 6.63% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged […]

Virginia’s Fortune 500 companies
Jul 29, 2025

Virginia’s Fortune 500 companies

Freddie Mac, the federally sponsored mortgage business headquartered in McLean, continues to be the top-ranked Virginia-based company at No. 38, down two spots from last year, with $122 billion in annual revenue Arlington County-based defense contractors RTX and Boeing were the second and third highest ranking companies based in Virginia, with RTX moving up one […]

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