Core Insights - Freddie Mac reported that the average 30-year fixed-rate mortgage (FRM) increased to 6.30% as of September 25, 2025, up from 6.26% the previous week and 6.08% a year ago [1][4] - The housing market remains resilient, with purchase applications rising by 18% and refinance applications increasing by 42% compared to the same period last year [1] Mortgage Rate Details - The 30-year FRM averaged 6.30% as of September 25, 2025, compared to 6.26% the previous week and 6.08% a year ago [4] - The 15-year FRM averaged 5.49%, up from 5.41% the previous week and 5.16% a year ago [4] Freddie Mac's Mission - Freddie Mac aims to enhance liquidity, stability, and affordability in the housing market across all economic cycles, having assisted millions of families since its inception in 1970 [3]

The shares of Fair Isaac Corp, better known as FICO, are down 17% since the July US decision to allow Fannie Mae and Freddie Mac to allow lenders to use other credit scores from competitor VantageScore https://t.co/FlduhDNwEe ...

Core Insights - Mortgage rates have increased slightly, with the 30-year fixed-rate home loan rising to 6.45% and the 15-year fixed-rate mortgage to 5.77% [1] - The 10-year Treasury yield, which serves as a benchmark for mortgage rates, has generally risen following the Federal Reserve's rate cut last week [1] Current Mortgage Rates - The current national average mortgage rates are as follows: - 30-year fixed: 6.45% - 20-year fixed: 6.07% - 15-year fixed: 5.77% - 5/1 ARM: 7.10% - 7/1 ARM: 7.17% - 30-year VA: 5.94% - 15-year VA: 5.44% - 5/1 VA: 5.92% [4] Refinance Rates - Today's mortgage refinance interest rates are also provided, with national averages rounded to the nearest hundredth [2] - Refinance rates can sometimes be higher than purchase mortgage rates, but this is not always the case [2] Factors Influencing Mortgage Rates - Mortgage rates are influenced by both controllable and uncontrollable factors. Controllable factors include comparing lenders and improving credit scores, while uncontrollable factors are primarily economic conditions [9][10] - A struggling economy typically leads to lower mortgage rates to encourage borrowing, whereas a strong economy tends to increase rates to temper spending [10] Types of Mortgages - Fixed-rate mortgages lock in the interest rate for the entire loan term, while adjustable-rate mortgages (ARMs) have a fixed rate for an initial period before adjusting periodically [7] - The 30-year fixed mortgage is popular for its lower monthly payments but results in higher total interest paid over time, while the 15-year fixed mortgage has higher monthly payments but lower total interest costs [11][12][13] Additional Information - The lowest-ever 30-year fixed mortgage rate recorded was 2.65% in January 2021, and it is unlikely rates will drop below 3% in the near future [16] - Experts suggest refinancing when a new rate is at least 1% to 2% lower than the current rate, depending on individual financial goals [17]

Core Insights - Fannie Mae projects a recovery in the US housing market by 2026, driven by lower mortgage rates and increased home sales activity [1][4] - The forecast indicates mortgage rates could decline to 5.9% by the end of 2026, the lowest since 2022 [2][4] Market Projections - Home sales are expected to reach 4.72 million in 2025 and 5.16 million in 2026, marking an increase of nearly 500,000 [2][3] - Existing home sales may rise by 9.6% year-over-year in 2026, while new home sales could increase by 6.9% [3] - Mortgage originations are projected to total $1.85 trillion in 2025 and $2.32 trillion in 2026, reflecting a $470 billion increase in borrowing activity [3][4] Current Market Conditions - The average 30-year fixed mortgage rate recently decreased to approximately 6.26%, down from a peak of around 7.7% in 2023 [4] - The housing market has been largely stagnant due to high mortgage rates, which have restricted both buyers and sellers [3]

Core Viewpoint - Fannie Mae is gaining attention on Wall Street due to optimism surrounding potential privatization and an IPO as the Trump administration considers releasing it from federal conservatorship [1][2] Company Overview - Fannie Mae, formally known as the Federal National Mortgage Association, has been integral to the U.S. housing market for nearly 90 years, facilitating homeownership by purchasing mortgages and converting them into mortgage-backed securities [4] - The company has injected $178 billion in liquidity into the housing market, aiding over 668,000 households in the first half of 2025, and holds $4.3 trillion in assets, making it a cornerstone of the U.S. housing finance system [5] Market Performance - Fannie Mae has a market capitalization of approximately $15.1 billion, and its shares have seen a remarkable increase, delivering a 953% return over the past year and climbing another 298% this year alone [6]

Senator Elizabeth Warren, the top Democrat of the committee that has oversight of Fannie Mae and Freddie Mac, is pressing Treasury Secretary Scott Bessent for more details about efforts to take the mortgage giants public https://t.co/puK4CgY1MT ...

Core Insights - Mortgage interest rates have seen a slight increase, with the average 30-year fixed mortgage rate rising to 6.39% and the 15-year rate increasing to 5.72% [1][14] Current Mortgage Rates - The current national average mortgage rates are as follows: - 30-year fixed: 6.39% - 20-year fixed: 5.87% - 15-year fixed: 5.72% - 5/1 ARM: 6.78% - 7/1 ARM: 6.70% - 30-year VA: 5.89% - 15-year VA: 5.39% - 5/1 VA: 5.98% [4] Refinance Rates - Today's mortgage refinance rates are generally higher than purchase rates, although this is not always the case [2] Market Trends - Mortgage rates are expected to remain within a tight range in the coming months, despite a recent Federal Reserve rate cut [15] - Although mortgage rates have generally fallen since the beginning of the month, they are still slightly higher compared to one year ago [16] Mortgage Types and Characteristics - A 30-year fixed mortgage offers lower and predictable monthly payments, but comes with higher interest costs over the loan's life [7][9] - A 15-year fixed mortgage has higher monthly payments but lower interest rates, allowing borrowers to pay off their mortgage sooner and save on interest [10][11] - Adjustable-rate mortgages (ARMs) typically start with lower rates but can lead to unpredictable payments after the initial fixed period [12]

NEW YORK, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, has provided $46,972,000 in Freddie Mac financing to refinance a two-property multifamily portfolio totaling 674 units in Houston, Texas. The financing was originated by Gill Dolan, Managing Director at Greystone. The two Houston properties offer residents a range of well-maintained, garden-style apartment homes with access to amenities such as gated entry, onsite laundry facilities, dedicated ...

Group 1: AGNC Investment - AGNC Investment offers a high dividend yield of 14.4%, primarily investing in Agency residential mortgage-backed securities (MBS) [3] - The company can achieve a return on equity of 18% to 20% on new investments, which is sufficient to cover its operating expenses and dividend payments [4] - AGNC has maintained its substantial monthly dividend for over five consecutive years, but its high return strategy carries significant risks [5] Group 2: LyondellBasell Industries - LyondellBasell Industries currently has a dividend yield of 10.5% and has increased its payout for 15 consecutive years [6] - The company is implementing strategies to improve cash flow by over $1.1 billion by next year through cost reductions and asset sales [7][8] - LyondellBasell returned over $500 million to investors in the second quarter through dividends and share repurchases, but may need to cut its dividend if market conditions do not improve [9] Group 3: Delek Logistics Partners - Delek Logistics Partners has a dividend yield of 9.8%, supported by stable cash flow from long-term contracts [10] - The company generates enough cash to cover its high-yielding payout by more than 1.3 times, allowing for new investments [11] - Delek has extended its distribution growth streak to 50 consecutive quarters, indicating financial flexibility for future increases [12] Group 4: Overall Market Context - The S&P 500's dividend yield is near a record low of less than 1.2%, making the high yields of AGNC, LyondellBasell, and Delek particularly attractive for income-seeking investors [1][13]

Brings 30+ years of legal experience across the financial services sectorMCLEAN, Va., Sept. 22, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that Matthew D. Abrusci has joined the company as EVP, General Counsel and Corporate Secretary, effective today. Abrusci brings more than three decades of financial services experience spanning banking, capital markets and securities law. “Matthew Abrusci brings deep experience across the legal spectrum, and I have no doubt he will quickly become ...