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FHFA Issues Enterprise Housing Goals Final Rule for 2026-2028

by Phil Hall | Dec 23, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) released its Enterprise Housing Goals Final Rule for 2026-2028, with lower single‑family low-income benchmarks and unchanged multifamily targets. Under the new Final Rule, Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC)...
Mortgage Rates Down Slightly

Mortgage Rates Down Slightly

by Phil Hall | Dec 18, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates dropped slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18, down slightly from last week when it averaged 6.22%. A year ago at this time, it averaged...
Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac

Former Deloitte Executive Kenny M. Smith Named CEO at Freddie Mac

by Phil Hall | Dec 17, 2025 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) announced the appointment of Kenny M. Smith as CEO, effective today. He also will serve as a member of the company’s board of directors. The previous CEO, Biden-appointee Diane Reid, was fired in March by Bill Pulte, the Federal Housing...
Mortgage Rates Tick Up Slightly

Mortgage Rates Tick Up Slightly

by Phil Hall | Dec 11, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates ticked up slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19%. A year ago at this time, it averaged 6.60%....
Mortgage Rates Drop for Second Straight Week

Mortgage Rates Drop for Second Straight Week

by Phil Hall | Dec 4, 2025 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate averaged 6.19% as of Dec. 4, down from last week when it averaged 6.23%. A year ago at this time, it...
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