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Matthew Abrusci Named EVP and General Counsel at Freddie Mac

Matthew Abrusci Named EVP and General Counsel at Freddie Mac

by Phil Hall | Sep 22, 2025 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Freddie Mac (OTCQB: FMCC) has hired Matthew D. Abrusci as executive vice president, general counsel and corporate secretary. Abrusci brings more than three decades of financial services experience spanning banking, capital markets, and securities law. He was...
Mortgage Rates Continue to Fall

Mortgage Rates Continue to Fall

by Phil Hall | Sep 18, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

Mortgage rates continued to decline in the latest its Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
MBA Chief Argues Against Fannie-Freddie Merger

MBA Chief Argues Against Fannie-Freddie Merger

by Phil Hall | Sep 12, 2025 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The head of the Mortgage Bankers Association (MBA) is calling on the Trump administration not to pursue a merger of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) as part of its effort to conclude their longstanding federal conservatorships. In a blog post,...
Mortgage Rates Drop to 11-Month Low

Mortgage Rates Drop to 11-Month Low

by Phil Hall | Sep 11, 2025 | Mortgage Information, News/Current Events, Real Estate News, WRE News Exclusive

The 30-year fixed-rate mortgage averaged 6.35% as of Sept. 11, its lowest level since last October. According to the Primary Mortgage Market Survey (PMMS) published by Freddie Mac (OTCQB: FMCC), this week’s mortgage rate is down from last week when it averaged 6.50%....
Mortgage Rates Continue to Fall

Mortgage Rates Continue to Fall

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

The 30-year fixed-rate mortgage averaged 6.50% as of Sept. 4, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.56%, but it is also up from one year ago when it averaged 6.35%....
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