Archives

30-Year Fixed-Rate Mortgage Drops Amid Japan Crisis

McLean, VA - March 17, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®> (PMMS®), which shows the 30-year fixed-rate dropping to 4.76 percent while the 15-year fixed-rate hit its lowest rate at 3.97 percent since December 2010.

30-Year Fixed-Rate Mortgage Holds Steady at 4.88%

McLean, VA - March 10, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows mortgage rates holding steady and below 5.0 percent.

30-Year Fixed-Rate Mortgage Drops for Third Consecutive Week

McLean, VA - March 3, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®(PMMS®), which shows a drop in long-term fixed rates for the third consecutive week.

Home Values Decline in Fourth Quarter

McLean, VA - March 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its fourth quarter Conventional Mortgage Home Price Index (CMHPI).

Freddie Mac Issues Monthly Volume Summary for January 2011

McLean, VA - March 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for January 2011.

Freddie Mac Reports Fourth Quarter and Full-Year 2010 Financial Results

McLean, VA - February 25, 2011 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) today reported its fourth quarter and full-year 2010 financial results and filed its 2010 annual report on Form 10-K with the U.S. Securities and Exchange Commission.

30-Year Fixed-Rate Mortgage Eases Just Below 5 Percent

McLean, VA - February 24, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows a drop in long-term fixed rates this week.

30-Year Fixed-Rate Mortgage Drops to 5 Percent

McLean, VA - February 17, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows a drop in long-term fixed rates this week

Fixed-Rate Mortgages Dominant Choice of Refinancing Borrowers

McLean, VA - February 16, 2011 - (RealEstateRama) -- In the fourth quarter of 2010, fixed-rate loans accounted for more than 95 percent of refinance loans, based on the Freddie Mac (OTC: FMCC) quarterly Product Transition Report released today. Refinancing borrowers overwhelmingly chose fixed-rate loans, regardless of whether their original loan was an adjustable-rate mortgage (ARM) or a fixed-rate.

Freddie Mac Announces K-701 Offering of K Certificates Backed Only By 7-Year Multifamily Mortgages

McLean, VA - February 14, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced its first ever offering of Structured Pass-Through Certificates (“K Certificates”) backed only by multifamily mortgages with a 7-year term. The company expects to offer approximately $861 million in K Certificates (“K-701 Certificates”), which are expected to price the week of February 21, 2011, and settle on or about March 9, 2011

Enterprise Named Freddie Mac Targeted Affordable Housing Lender

Columbia, MD - February 10, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise ), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf.

30-Year Fixed-Rate Mortgage Rates Rise to 5.05 Percent Highest Level Since April 2010

McLean, VA - February 10, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) which shows long- and short-term rates rising this week.

Enterprise Named Freddie Mac Targeted Affordable Housing Lender

COLUMBIA, MD - February 9, 2011 - (RealEstateRama) -- Enterprise Community Investment, Inc. (Enterprise), a national leader in affordable housing and community development, today announced that Freddie Mac (OTC: FMCC) has given the company approval to originate affordable multifamily loans nationally on its behalf. The new license granted to Enterprise rounds out the company’s agency platform, which already includes capacity to sell and service loans for Fannie Mae and FHA. Enterprise is among a handful of lenders approved to sell and service targeted affordable housing loans nationwide. These are loans on apartment properties with rents that are affordable to low- and very-low income individuals whose incomes are at or below 80 percent or 60 percent of the area median income, respectively.

Mortgage Rates Show Mixed Results This Week

McLean, VA – Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) which shows mixed results in both long- and short-term rates this week

Freddie Mac Announces 2010 Multifamily Volumes for Whole Loans and Bond Guarantee Business

McLean, VA - February 3, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it had approximately $15 billion in volume for its multifamily whole loan and bond guarantee business (multifamily mortgage settlements), compared to almost $17 billion in 2009. This volume includes Freddie Mac’s targeted affordable housing products, which finance apartments that receive some form of government subsidy.

Freddie Mac Prices New $4 Billion Two-Year Reference Notes® Security

McLean, VA - February 2, 2011 - (RealEstateRama) --Freddie Mac (OTC: FMCC) announced today that it priced its new 0.75% $4 billion two-year USD Reference Notes® security due on March 28, 2013. The issue, CUSIP number 3137EACS6, was priced at 99.758 to yield 0.864%, or 21.5 basis points more than two-year U.S. Treasury Notes. The issue will settle on Friday, February 4, 2011

Freddie Mac Announces the Issuance of a New Two-Year Reference Notes® Security

McLean, VA - February 1, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new two-year USD Reference Notes® security, CUSIP number 3137EACS6, due on March 28, 2013. The issue will be priced on Wednesday, February 2, 2011, and will settle on Friday, February 4, 2011, at benchmark size

46 Percent of Refinancing Homeowners Pay Down Debt in Fourth Quarter

McLean, VA - January 31, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) released the results of its fourth quarter 2010 cash-out refinance analysis.

Bond Yields Rise and So Do Mortgage Rates

McLean, VA - January 27, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®) which shows long- and short-term rates rising this week

Freddie Mac Issues Monthly Volume Summary for December 2010

McLean, VA - January 26, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for December 2010. The summary, available on the company’s Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management and delinquencies. Beginning in January 2011, Freddie Mac began publishing pool-level delinquency disclosures on its single-family PC and Giant PC securities on the company’s Web site, www.FreddieMac.com/mbs. As a result, Tables 9 and 10 are no longer included in the Monthly Volume Summary.

Business Real Estate Press Releases

Movember

Hanley Investment Group Raises $30,000­­­ for Movember, Totaling $243,000

Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has raised $29,401 during its annual Movember campaign.

Recent Gov & Nonprofit Real Estate Press Releases

Safeguard Your Seasonal Home

Safeguard Your Seasonal Home

Closing down your cabin for the season is truthfully never as exciting as opening it up, but it’s an important process that helps protect your property during periods of extended non-use. Most owners guard against common incidentals like water leaks, potential fire hazards and temperature changes when shutting down for the season