Freddie Mac
Mortgage Rates at Lowest Level in Six Weeks
McLean, VA - May 6, 2010 - (RealEstateRama) -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.00 percent with an average 0.7 point for the week ending May 6, 2010, down from last week when it averaged 5.06 percent. Last year at this time, the 30-year FRM averaged 4.84 percent.
Freddie Mac Will Not Issue a Reference Notes Security on May 5, 2010
McLean, VA - May 5, 2010 - (RealEstateRama) -- Freddie Mac (NYSE: FRE) announced today that it will not issue a Reference Notes® security on May 5, 2010. The company's 2010 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Freddie Mac Issues Monthly Volume Summary for March 2010
McLean, VA - April 30, 2010 - (RealEstateRama) -- Freddie Mac (NYSE: FRE) today issued the company's Monthly Volume Summary for March 2010. The summary, available on the company's Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management and delinquencies, including data on seriously delinquent mortgage loans in related mortgage Participation Certificate (PC) pools.
Fixed-Rates Stable, Posting Little Change From Last Week’s Figures
McLean, VA - April 29, 2010 - (RealEstateRama) -- Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM) averaged 5.06 percent with an average 0.7 point for the week ending April 29, 2010, down slightly from last week when it averaged 5.07 percent. Last year at this time, the 30-year FRM averaged 4.78 percent
Borrowers Who Refinanced In First Quarter Will Lower Their Interest Expense An Aggregate $2...
Median Borrower Reduced Interest Rate by 16 Percent. McLean, VA - April 29, 2010 - (RealEstateRama) -- In the first quarter of 2010, one-half of borrowers who refinanced their conventional loan lowered their mortgage interest rate by at least 16 percent according to Freddie Mac’s quarterly Refinance Report. The new interest rate was 0.9 percentage points or more below the old rate for one-half of borrowers
Thousands Bid, 207 Families Buy Homes at Freddie Mac Auctions in Las Vegas, Riverside/San...
McLean, VA - April 28, 2010 - (RealEstateRama) -- Freddie Mac (NYSE:FRE) today reported that it had sold 207 HomeSteps® REO homes to first time buyers and other owner-occupants at morning and afternoon auctions in Las Vegas and Riverside/San Bernardino Counties that drew thousands of bidders on April 24 and 25. HomeSteps is the real estate sales unit of Freddie Mac and markets a nationwide selection of Freddie Mac-owned homes
Coalition Launches New Campaign to Fight Loan Modification Scams
Washintgon, DC - April 26, 2010 - (RealEstateRama) -- The Loan Modification Scam Prevention Network, led by Fannie Mae, Freddie Mac (NYSE:FRE), the Lawyers' Committee for Civil Rights Under Law and NeighborWorks America, today announced a national campaign to prevent loan modification scams through public education, complaint reporting and coordination with local, state, and federal enforcement agencies
Eligible Residents Are Urged to Apply For Property Tax Relief Prior to Deadline; This...
October 16, 2009 - (RealEstateRama) — Eligible Montgomery County residents are encouraged to apply for the Maryland Homeowner’s Property Tax Credit program, which limits the amount of property taxes a homeowner must pay based on income. The deadline has been extended to November 2.
Prince George’s County Employers Help Stabilize Neighborhoods Impacted by Foreclosures
Homeowner Education Project Helps Employees Live Near Work. McLean, VA - October 1, 2009 - (RealEstateRama) -- Home prices have dropped, but many working families are still struggling to find affordable homes near their workplace and funds for down payments. Three Prince George's County, Md., employers are assisting employees in becoming homeowners near their offices and helping neighborhoods impacted by foreclosures. There are 3,100 foreclosed properties in Prince George's County