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Freddie Mac

A collection of news and information related to Freddie Mac published by this site and its partners.

Top Freddie Mac Articles

Displaying items 97-108
  • Citi to pay $7 billion to settle mortgage securities probe

    Citi to pay $7 billion to settle mortgage securities probe
    Citigroup Inc has agreed to pay $7 billion to settle a U.S. investigation into shoddy mortgage-backed securities the bank sold in the run-up to the financial crisis, including the largest civil fraud penalty ever levied by the U.S. Justice Department....
  • Mortgage rates inch higher

    Mortgage rates inch higher
    Average mortgage interest rates moved up ever so slightly this week, a week in which there were few economic reports to provide a clear sense of direction for the market. The average rate on a 30-year, fixed-rate mortgage was 4.14 percent in Freddie Mac&...
  • Average home size sets new record

    Average home size sets new record
    There are big houses and then there are bigger houses. In another sign of the housing market's 2013 turnaround, the average size of a new home built in the U.S. set a record last year, according to Census Bureau data released Monday. At almost 2,600...
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  • Freddie Mac: Fixed mortgage rates edge higher; 30-year averaging 4.14%

    Freddie Mac: Fixed mortgage rates edge higher; 30-year averaging 4.14%
    Reversing a five-week trend, fixed mortgage rates edged higher this week, with lenders telling Freddie Mac they were offering 30-year loans at an average interest rate of 4.14%, up from 4.12% last week.  The 15-year fixed mortgage, a favorite of...
  • Mortgage rates rise on strong jobs report

    Mortgage rates rise on strong jobs report
    Average fixed mortgage rates rose this week, following an increase in 10-year Treasury yields and a strong jobs report. The average interest rate on a 30-year mortgage was 4.20 percent, compared with 4.14 percent last week and 3.98 percent in the same...
  • California said to share in U.S. mortgage settlement with Citigroup

    California said to share in U.S. mortgage settlement with Citigroup
    California will share in the U.S. Justice Department's multibillion-dollar settlement with Citigroup Inc. over defective mortgage investments the Wall Street giant peddled during the housing boom, according to people briefed on the negotiations. New...
  • Citi settlement will recoup Illinois pension losses

    Illinois will receive $84 million as part of a national $7 billion settlement resolving allegations by federal and state authorities that Citigroup Inc. sold risky mortgage-backed securities that harmed investors, which included pension systems and...
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  • Recovering values put refi in reach for homeowners

    By Ilyce Glink and Samuel J. Tamkin Q: My wife and I bought our house in 2007 for $139,600 with a 30-year mortgage at 6 percent, and we owe around $119,000. Our payment is $1,011 per month, and that includes private mortgage insurance (PMI), our...
  • Mortgage rates ease, Freddie Mac says: 30-year fixed averages 4.17%

    Mortgage rates ease, Freddie Mac says: 30-year fixed averages 4.17%
    Mortgage interest rates eased slightly this week, with lenders offering 30-year fixed-rate home loans to solid borrowers at an average of 4.17%, down from 4.2% a week earlier, Freddie Mac said. The 15-year fixed-rate mortgage averaged 3.3%, down from 3....
  • Mortgage rates slip

    Mortgage rates slip
    Mortgage rates slipped this week, lender Freddie Mac said Thursday, due to data showing a slowdown in home building last month. The rate on a 30-year fixed mortgage averaged 4.17 percent for the week ending Thursday, down from last week's 4.2 percent. A...