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Freddie Mac reports an average 6.91% for a 30-year fixed-rate mortgage, up 6 basis points from last week's average 6.85%, according to its weekly Prime Mortgage Market Survey of nationwide lenders ...
The conforming loan limit for mortgages backed by Freddie Mac and Fannie Mae will rise by 5.2% next year to over $800,000, the Federal Housing Finance Agency announced Tuesday. ... the loan cap ...
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.91%, up from last week's reading of 6.85% ...
The average 30-year fixed-rate mortgage rose to 6.91% in the week through Wednesday, from 6.85% as of Dec. 26, according to Freddie Mac data. 15-year mortgage rates jumped to 6.13% from 6% a week ...
The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [ 3 ] [ 4 ] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US.
Freddie Mac came along later, in 1970, as the Federal Home Loan Mortgage Corporation (FMCC) that was, like Fannie Mae, entirely owned by the government. The two are often referred to as GSEs ...
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