FREDDIE MAC - FMCC STOCK NEWS

Freddie Mac (OTCQB: FMCC) reported that the average 30-year fixed-rate mortgage rose to 4.67% for the week ending March 31, 2022, from 4.42% the previous week and 3.18% a year ago. The 15-year fixed-rate mortgage also increased to 3.83%, up from 3.63% last week, and the 5-year ARM reached 3.50%, up from 3.36%. Chief Economist Sam Khater noted that rising inflation and strong demand are driving rates up, while purchase demand remains stronger than expected, especially among first-time homebuyers.

Freddie Mac (OTCQB: FMCC) released its Monthly Volume Summary for February 2022, highlighting key metrics regarding its mortgage portfolios, securities issuance, and risk management activities. The company emphasizes its role in making housing accessible and affordable since its establishment by Congress in 1970. Freddie Mac aims to enhance the housing finance system for various stakeholders, including homeowners, renters, and lenders.

On March 24, 2022, Freddie Mac (FMCC) reported that the 30-year fixed-rate mortgage averaged 4.42 percent, rising from 4.16 percent the previous week. This increase is attributed to factors such as rising inflation, geopolitical uncertainty, and actions by the Federal Reserve. As a result, homebuyers are facing greater challenges due to increased monthly mortgage payments and ongoing house price appreciation. The 15-year fixed-rate mortgage also saw a rise to 3.63 percent, while the 5-year ARM reached 3.36 percent.

The Freddie Mac Multifamily Apartment Investment Market Index (AIMI) fell by 4.8% in Q4 2021, reflecting a 2.4% year-over-year decline. The decline stems from record multifamily price appreciation and rising mortgage rates, despite strong net operating income (NOI) growth of 17.7%. Nationally, property prices surged 19.6% over the past year, while mortgage rates rose by 6 basis points. The AIMI showed decreases in 24 out of 25 markets, with New York being the only exception, highlighting increased difficulty in finding attractive multifamily investment opportunities in some areas.

Freddie Mac (OTCQB: FMCC) reported a rise in mortgage rates in its Primary Mortgage Market Survey on March 17, 2022. The 30-year fixed-rate mortgage averaged 4.16%, up from 3.85% the previous week and significantly higher than 3.09% a year ago. The 15-year fixed-rate mortgage also increased to 3.39%, while the 5-year hybrid adjustable-rate mortgage rose to 3.19%. The increase in rates is attributed to the Federal Reserve's short-term rate hikes, indicating further expected increases throughout the year, which may impact home purchase demand and housing prices.

On March 10, 2022, Freddie Mac (OTCQB: FMCC) reported the results of its Primary Mortgage Market Survey, revealing that the 30-year fixed-rate mortgage average increased to 3.85%, up from 3.76% the previous week and significantly higher than 3.05% a year ago. The 15-year fixed-rate mortgage also rose to 3.09%, while the 5-year ARM averaged 2.97%. Chief Economist Sam Khater predicts ongoing rate increases due to inflation and economic shortages, though geopolitical uncertainties are causing short-term volatility.

Freddie Mac (OTCQB: FMCC) reported a decrease in mortgage rates in its latest Primary Mortgage Market Survey, with the 30-year fixed-rate mortgage averaging 3.76%, down from 3.89% last week. The 15-year fixed-rate mortgage averaged 3.01%, and the 5-year adjustable-rate mortgage averaged 2.91%. Economists attribute this decline to geopolitical tensions, particularly the war in Ukraine, which has created market uncertainty and driven investors towards safer assets like bonds. Short-term rates are expected to stay low, but an increase is anticipated in the coming months.

Freddie Mac's Single-Family Credit Risk Transfer (CRT) program achieved a record issuance of nearly $20 billion in 2021, providing credit protection for $828.5 billion in single-family mortgages. In Q4 alone, CRT issuance reached $5.4 billion, safeguarding $242.9 billion in mortgages. Key highlights include the introduction of a 30-year standalone ACIS and a 20-year STACR transaction. Since 2013, the program has cumulatively transferred approximately $85.3 billion in credit risk on $2.7 trillion in mortgages, with 53% of the mortgage portfolio enhanced by credit risk measures.

Freddie Mac (OTCQB: FMCC) released its Monthly Volume Summary for January 2022, detailing mortgage-related portfolios, securities issuance, and risk management activities. Since 1970, Freddie Mac has aimed to enhance housing accessibility and affordability for millions of families. The company focuses on building a better housing finance system for homebuyers, renters, lenders, and taxpayers.