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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 12-22
  • Bank of America settles with Fannie and Freddie for $9.5 billion

    Bank of America settles with Fannie and Freddie for $9.5 billion
    Putting to rest one of its biggest remaining headaches, Bank of America Corp. has agreed to pay $9.5 billion to settle claims by Fannie Mae and Freddie Mac.  The government-sponsored mortgage giants had demanded compensation from the Charlotte, N.C.,...
  • Fitch takes U.S. credit rating off downgrade watch after debt deal

    Fitch takes U.S. credit rating off downgrade watch after debt deal
    WASHINGTON -- Fitch Ratings on Friday upgraded its outlook for the U.S. AAA credit rating, removing the nation from a downgrade watch after politicians put off another debt limit battle until next year. The company, one of three major credit rating...
  • Freddie Mac: Average 30-year fixed mortgage rate falls to 4.32%

    Freddie Mac: Average 30-year fixed mortgage rate falls to 4.32%
    Fixed mortgage rates fell early this week, with Freddie Mac reporting the average for 30-year loans dropped to 4.32% from 4.37% last week. The McLean, Va., housing finance company said lenders were offering 15-year fixed home loans, a popular option for...
  • Freddie Mac: Mortgage rates on 30-year loan rise from 4.28% to 4.37%

    Freddie Mac: Mortgage rates on 30-year loan rise from 4.28% to 4.37%
    Mortgage rates edged higher early this week, with Freddie Mac’s survey showing lenders offering 30-year fixed-rate loans to solid borrowers at 4.37%, up from 4.28% a week earlier. The average rate for a 15-year fixed home loan rose from 3.32% to...
  • Key senators agree on plan to replace Fannie Mae and Freddie Mac

    Key senators agree on plan to replace Fannie Mae and Freddie Mac
    WASHINGTON — Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward with bipartisan agreement from key senators on a plan to overhaul the housing finance system. The proposal released Tuesday would...
  • Key senators agree on plan to replace Fannie Mae, Freddie Mac

    Key senators agree on plan to replace Fannie Mae, Freddie Mac
    WASHINGTON -- Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward Tuesday as key senators announced bipartisan agreement on a plan to overhaul the housing finance system. The proposal, which will be...
  • Pimco trustee assails exec's salary

    Pimco trustee assails exec's salary
    A longtime trustee for Newport Beach's $1.9-trillion Pimco funds lashed out at the reported $200-million annual salary of Bill Gross, the billionaire bond guru who co-founded the giant money manager in 1971 and remains its chief investment officer. "You...
  • Freddie Mac: Mortgage rates down; 30-year fixed averaging 4.28%

    Freddie Mac: Mortgage rates down; 30-year fixed averaging 4.28%
    The cost of a home loan dropped early this week on less than robust news about the economy and housing, with Freddie Mac reporting that the average interest rate for a 30-year fixed mortgage was 4.28%, down from 4.37% a week earlier.  The average for...
  • Deceased dad's rock triggers bitter family fight

    Dear Liz: We are settling my dad's estate. My dad found a rock, and it sat in my parents' frontyard for years. He worked in a gravel pit for decades, and that was the only rock he found interesting enough to bring home. When my mom died, we held an...
  • Fannie Mae offering cash incentives to some home buyers

    WASHINGTON — If you're planning to shop for a home in the next few weeks, here's an early spring buying season come-on that just might save you some money if you qualify. Fannie Mae, the largest mortgage investor in the country, has a bulging...
  • Freddie Mac: Mortgage rates barely changed; 30-year fixed at 4.37%

    Freddie Mac: Mortgage rates barely changed; 30-year fixed at 4.37%
    Mortgage interest rates have changed little in recent days, with Freddie Mac saying fixed rates edged higher for a fourth straight week while start rates fell a notch on variable home loans. The Freddie Mac survey, conducted Monday through early...