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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 see all

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  • KPMG partner who gave tips to golf buddy sentenced for insider trading

    KPMG partner who gave tips to golf buddy sentenced for insider trading
    A former partner with accounting giant KPMG was sentenced to 14 months in federal prison for giving confidential information about his firm’s clients to a golfing buddy, who used it to make more than $1 million in profits trading stocks.
  • Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%

    Freddie Mac: mortgage rates edge higher, 30-year averaging 4.33%
    Fixed mortgage rates edged higher this week, with Freddie Mac reporting that lenders were offering 30-year loans to solid borrowers at an average of 4.33%, up from 4.27% a week ago. The average for a 15-year fixed loan rose from 3.33% to 3.39%, the...

    How to improve credit scores

    How to improve credit scores
    Dear Liz: I am trying to help my retired parents refinance their home. Currently they are paying over 8% interest. (This loan should be illegal.) The problem is their credit score, which is around 536. They had a tax lien in 2004 (it has been paid off for...

    Freddie Mac: Mortgage rates near low for year; 30-year at 4.27%

    Freddie Mac: Mortgage rates near low for year; 30-year at 4.27%
    Mortgage rates have fallen as the spring home-buying season begins, with Freddie Mac pegging the average 30-year fixed loan at 4.27% this week, the lowest it has been since early February. The average for a 15-year fixed mortgage was 3.33% this week,...

    Mortgage-related legal costs sock BofA with $276-million loss

    Mortgage-related legal costs sock BofA with $276-million loss
    Socked by mortgage-related legal expenses, Bank of America Corp. lost $276 million during the first quarter, sending its stock down sharply. The quarterly loss, its first in 2½ years, came despite lower loan losses and better than expected results in...