Freddie Mac
Coverage of Freddie Mac in the Nexus archive.
- US home prices hit an all-time high as sales slow and mortgage rates rise
US home prices reached an all-time high in June 2025 despite a 2.4% monthly decline in existing home sales. Mortgage rates have risen due to inflation concerns and higher oil prices, though they remain below year-ago levels. First-time buyers accounted for 33% of purchases, down from May but up from June 2024.
- Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers’ borrowing costs
The average 30-year U.S. mortgage rate rose to 6.49% from 6.43% last week, increasing borrowing costs for homebuyers. Freddie Mac reported the increase, noting that higher rates reduce purchasing power and contribute to a housing slump. The 15-year fixed-rate mortgage also rose to 5.82%, influenced by factors like Federal Reserve policies and rising 10-year Treasury yields linked to inflation expectations and the war with Iran.
- Freddie Mac says the average rate on a 30-year mortgage rose to 6.49% this week, returning to where it was two weeks ago
Freddie Mac reported that the average rate on a 30-year mortgage increased to 6.49% this week, matching the rate from two weeks prior.
- Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
The average 30-year U.S. mortgage rate increased to 6.49% from 6.43% last week, according to Freddie Mac, raising borrowing costs for homebuyers and reducing their purchasing power. The 15-year fixed-rate mortgage also rose to 5.82%, impacting refinancing options. Higher rates have contributed to weaker home sales this year.
- Average 30-year US mortgage rate rises to 6.49%, pushing up homebuyers' borrowing costs
The average 30-year U.S. mortgage rate increased to 6.49% from 6.43% last week, according to Freddie Mac, raising borrowing costs for homebuyers. The 15-year fixed-rate mortgage also rose to 5.82%, influenced by factors like the Federal Reserve's policy and higher 10-year Treasury yields, which reached 4.55% amid expectations of inflation and the war with Iran.
- The housing market just split in two: Prices are falling out West and soaring in the Northeast
U.S. existing home sales slowed in June, but national home prices reached a record high, exacerbating affordability challenges. Prices rose in the Northeast while falling in the West, with mortgage rates and inventory shortages driving regional disparities.
- America In Focus: consumers still gloomy about economy; US hiring falls in June
Consumer confidence in the U.S. rose slightly in June but remains below year-ago levels, with inflation-adjusted incomes declining due to high costs. U.S. employers added only 57,000 jobs in June, the lowest in months, as companies remain cautious about economic health, while jobless claims decreased and mortgage rates fell to a seven-week low.
- Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
The average 30-year U.S. mortgage rate fell to 6.43%, its lowest level in seven weeks, while the 15-year rate also declined. The drop follows easing oil prices amid hopes of ending the U.S.-Iran war, though rates remain elevated compared to late February. Housing market activity remains subdued due to affordability challenges.
- Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
The average 30-year U.S. mortgage rate fell to 6.43%, its lowest level in seven weeks, driven by hopes of ending the U.S.-Iran war and easing oil price pressures. The 15-year rate also declined to 5.79%, while the 10-year Treasury yield dropped to 4.46%. Despite lower rates, housing sales remain below historic norms due to ongoing uncertainty.
- Average 30-year US mortgage rate falls to 6.43%, its lowest level in seven weeks
The average 30-year U.S. mortgage rate fell to 6.43%, its lowest level in seven weeks, while the 15-year rate also declined. Freddie Mac reported these changes, noting the rates are influenced by Federal Reserve policy and bond market expectations.
- Mortgage rates edge higher amid Iran tensions, inflation uncertainty
Mortgage rates increased slightly this week, with the average 30-year fixed loan reaching 6.49% according to Freddie Mac. The rise is linked to Iran tensions and inflation uncertainty, though rates have remained stable over the past six weeks.
- Mortgage rates edge higher amid Iran tensions, inflation uncertainty
Mortgage rates increased slightly this week, with the 30-year fixed loan averaging 6.49% according to Freddie Mac. The rise is linked to Iran tensions and inflation uncertainty, though rates have remained stable over the past six weeks.
- Mortgage rates drop to lowest level in more than a month as Iran deal progresses
Mortgage rates declined to their lowest level in over a month, with the average 30-year fixed mortgage rate dropping to 6.47% from 6.52% the prior week, as reported by Freddie Mac. The decrease coincided with progress on an Iran deal.
- America In Focus: US gas prices dip below $4 and more evidence Americans keep spending
US gas prices fell below $4 a gallon for the first time since March due to a deal with Iran, while May retail sales rose 0.9%. The Federal Reserve kept interest rates unchanged, and the 30-year mortgage rate dropped to 6.47%.
- Pulte takes over as acting DNI as bipartisan lawmakers question his qualifications
Bill Pulte assumes the role of acting Director of National Intelligence, replacing Tulsi Gabbard, amid bipartisan concerns over his qualifications and a stalled nomination process for Jay Clayton. Critics argue Pulte lacks required national security experience, and his potential efforts to reduce the intelligence community's size could face legal challenges.
- Iran Peace Agreement Offers Hope for Lower Mortgage Rates This Spring
The Iran war has increased mortgage rates due to higher oil prices and inflation. An imminent peace deal may lower rates as oil prices drop and Treasury yields fall, though factors like deficit spending and a strong labor market might prevent rates from returning to pre-war levels.
- Average US long-term mortgage rate rises to 6.52%, just below its high for the year
The average U.S. 30-year fixed mortgage rate increased to 6.52% this week, driven by higher oil prices and inflation from the U.S.-Iran conflict. Despite remaining below last year's 6.84% level, rising rates have reduced homebuyer purchasing power and contributed to a housing slump, with existing home sales near a 4-million annual pace.
- Average US long-term mortgage rate rises to 6.52%, just below its high for the year
The average U.S. 30-year fixed mortgage rate increased to 6.52%, remaining below its 2024 high of 6.84% but still elevated compared to pre-US-Iran conflict levels. Rising oil prices and inflation from the conflict have driven up bond yields and mortgage rates, contributing to a housing slump with existing home sales near a 4-million annual pace.
- Why Trump picked Bill Pulte to lead US intelligence as critics question his qualifications
President Donald Trump appointed Bill Pulte, the Federal Housing Finance Agency Director, as acting director of National Intelligence. Pulte, known for his background in housing finance and social media philanthropy, was praised by Trump for managing 'the most sensitive matters in America.' Trump directed Pulte to reduce the size of the Office of the Director of National Intelligence, drawing both support from allies and criticism over Pulte's qualifications.
- America In Focus: US job market is rebounding, but economic frustration persists
The U.S. job market added 172,000 jobs in May, with the unemployment rate remaining at 4.3%, while job openings rose to 7.6 million in April. However, jobless claims reached a four-month high, and economic challenges like inflation and high energy prices from the Iran war persist. The average 30-year mortgage rate declined to 6.48%.
- Fannie, Freddie Whipsaw as Trump Floats Trillion-Dollar Value
Fannie Mae and Freddie Mac are impacted by Donald Trump's mention of a trillion-dollar valuation. The article references the Freddie Mac headquarters in McLean, Virginia.
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
The average U.S. 30-year fixed mortgage rate fell to 6.48% from 6.53% last week, marking a retreat from its nine-month high. The decline follows rising rates linked to the war in the Middle East, which has driven oil prices and inflation fears upward, though rates remain above the 6% threshold seen in late February. Housing market activity remains sluggish due to sustained high rates.
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
The average U.S. 30-year fixed mortgage rate fell to 6.48% this week, easing from a nine-month high of 6.53%, according to Freddie Mac. Rates remain below 6.85% from a year ago but are still above 6%, with recent increases linked to higher oil prices due to the war with Iran, which has elevated inflation and bond yields. The decline offers some relief to homebuyers but has not reversed a housing slump that began in 2022.
- Average US long-term mortgage rate falls to 6.48%, retreating from its highest level in 9 months
The average U.S. 30-year fixed mortgage rate decreased to 6.48% this week, down from 6.53% the previous week, according to Freddie Mac. The rate remains below its level from a year ago (6.85%) but has risen since late February. The decline is attributed to factors including oil price fluctuations due to the war with Iran, which influence inflation and bond yields.
- Freddie Mac says average rate on a 30-year mortgage fell to 6.48% this week, easing from its highest level in 9 months
Freddie Mac reported the average 30-year mortgage rate fell to 6.48% this week, marking a decline from its highest level in nine months.
- Today’s Mortgage Rates Increase: June 3, 2026
Today’s 30-year mortgage purchase rate rose to 6.586%, up from 6.577% the previous day, with experts predicting rates will remain above 6% for the 30-year term. The increase is linked to higher oil prices due to the U.S. war in Iran, which has driven inflation to 3.8% annually, the highest since May 2023.
- What Trump Wants From Bill Pulte
President Trump appointed William John Pulte as acting director of national intelligence, despite critics noting Pulte's lack of national security experience required by law. The article highlights Pulte's history of making criminal referrals against Trump's political adversaries and his role at the Federal Housing Finance Agency, contrasting his approach with the previous director, Tulsi Gabard.
- ‘Americans will be less safe’: alarm as Trump picks loyalist as intelligence chief
Donald Trump's appointment of Bill Pulte, a Trump loyalist with no national intelligence experience, as acting director of national intelligence has raised concerns in Washington. Pulte previously led the Federal Housing Finance Agency, where he made significant changes to its structure without prior government experience.
- ‘Americans will be less safe’: alarm as Trump picks loyalist as intelligence chief
Donald Trump's appointment of Bill Pulte, a Trump loyalist with no national intelligence experience, as acting director of national intelligence has caused alarm in Washington. Pulte previously led the Federal Housing Finance Agency, where he removed board members and appointed himself chair, despite having no government experience before his FHFA role.
- Trump taps Pulte for a top intelligence job. This makes an IPO for Fannie and Freddie look even more unlikely.
President Donald Trump appointed Bill Pulte, chair of Fannie Mae and Freddie Mac, as acting director for national intelligence. Shares in the two government-backed mortgage companies fell as traders linked the move to reduced likelihood of an IPO.
- Trump taps housing finance director Pulte as acting director of national intelligence after Gabbard
President Trump appointed Bill Pulte, head of the Federal Housing Finance Agency, as acting director of national intelligence, replacing Tulsi Gabbard. Trump cited Pulte's real estate and financial management experience as relevant to coordinating national security agencies. Pulte's tenure has involved criminal referrals against officials including Letitia James, Adam Schiff, and Lisa Cook, though some charges were dismissed. Pulte will retain his FHFA role.
- Trump picks housing Dir. Bill Pulte as acting intelligence chief, replacing Tulsi Gabbard
Trump appointed housing director Bill Pulte as acting intelligence chief, replacing Tulsi Gabbard. Pulte will retain his roles as FHFA director and chairman of Fannie Mae and Freddie Mac.
- Trump taps housing finance director Pulte as acting director of national intelligence after Gabbard
President Donald Trump has appointed Bill Pulte, head of the Federal Housing Finance Agency, as acting director of national intelligence, replacing Tulsi Gabbard. Pulte, a real estate industry figure and Trump loyalist, will retain his current roles while overseeing national security coordination, with Trump emphasizing loyalty over traditional military or intelligence experience in the appointment.
- Trump taps housing finance director Pulte as acting director of national intelligence after Gabbard
President Donald Trump appointed Bill Pulte, head of the Federal Housing Finance Agency, as acting director of national intelligence, replacing Tulsi Gabbard, a former Hawaii congresswoman. Trump highlighted Pulte's experience with Fannie Mae and Freddie Mac, emphasizing loyalty over traditional security credentials. The move coincides with ongoing U.S. military tensions with Iran.
- Trump taps housing regulator turned MAGA enforcer as intelligence chief
President Trump appointed Bill Pulte, the Federal Housing Finance Agency director, as the new acting director of national intelligence. Pulte is known for his role in Trump's political efforts, including allegations of fraud against opponents and influence over the Federal Reserve. Former Director Tulsi Gabbard announced her departure from the administration.
- Trump names Bill Pulte acting director of national intelligence
President Donald Trump appointed William 'Bill' Pulte as acting director of national intelligence to replace Tulsi Gabbard. Pulte currently leads the Federal Housing Finance Agency and oversees Fannie Mae and Freddie Mac, which manage over $10 trillion in assets. Gabbard resigned to support her husband following his bone cancer diagnosis, with her resignation effective June 30.
- Trump names Bill Pulte acting director of national intelligence
President Donald Trump appointed William 'Bill' Pulte as acting director of national intelligence, replacing Tulsi Gabbard. Pulte will retain his roles as FHFA director and chairman of Fannie Mae and Freddie Mac. Gabbard resigned to support her husband after his cancer diagnosis.
- Trump taps housing finance director Pulte as acting director of national intelligence after Gabbard
President Donald Trump has appointed Bill Pulte as acting director of national intelligence to replace Tulsi Gabbard, who resigned after revealing her husband’s cancer diagnosis. Trump highlighted Pulte’s experience managing over 10 Trillion Dollars at Fannie Mae/Freddie Mac, noting a substantial increase from the previous year.
- Today’s Mortgage Rates Decrease: June 1, 2026
Today’s 30-year mortgage purchase rate decreased to 6.537% on June 1, 2026, down from 6.591% the previous day. Refinance rates for 30-year mortgages are 6.632%, with 15-year rates at 5.679%. Experts attribute recent rate fluctuations to rising oil prices due to the U.S. war in Iran and inflationary pressures, with expectations of rates remaining above 6% for the 30-year term in the near future.
- History Doesn’t Repeat, It Just Tokenizes Which Is How MBS Get Packaged With Junk Collateral (Again)
The FHFA has ordered Fannie Mae and Freddie Mac to count crypto as a mortgage asset, sparking concern among Senate Democrats who warn of heightened risks of loss due to scams and cyber hacks. This move could lead to the creation of mortgage-backed securities with risky collateral. The decision has been criticized for its potential to recreate the 2008 financial crisis with blockchain technology.