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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

Displaying items 1-5
  • 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.
  • 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...

    Bank of America shares slide after surprise loss

    Bank of America Corp. shares fell after the bank posted a surprise loss driven by $6 billion of costs tied to mortgage disputes. The stock slid 3.2 percent to $15.87 at 10:25 a.m. as investors assessed the latest in a line of legal expenses that have...

    JPMorgan Chase earnings miss estimates; mortgages, trading weaker

    JPMorgan Chase earnings miss estimates; mortgages, trading weaker
    Weakness in the mortgage and bond-trading businesses socked JPMorgan Chase & Co. with disappointing first-quarter earnings, a signal that the start of this year was a tough time for the banking industry. JPMorgan, the nation's largest bank, is trying to...

    Freddie Mac: Mortgage rates fall; 30-year loan averages 4.34%

    Freddie Mac: Mortgage rates fall; 30-year loan averages 4.34%
    Lenders were offering 30-year fixed-rate mortgages at an average of 4.34% this week compared with 4.41% a week ago, according to the widely watched survey from home finance giant Freddie Mac.  The decline in rates, reflecting a belief that overall...