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Doing Business With Freddie Mac |
About Freddie Mac |
Buying and Owning a Home |
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| Aug 4 | 30 year | 15 year |
| Average Rate | 5.82% | 5.38% |
| Fees / Points | 0.6 | 0.6 |
Next rate update: August 11
Freddie Mac was created to stabilize the nation's mortgage markets and expand opportunities for homeownership and affordable rental housing. Learn how.
Go to LoanProspector.com, our online suite of mortgage underwriting and processing tools.
Many Recent Opinion-Editorials Support Freddie Mac
Recently, many leaders and columnists have expressed support in op-eds and letters to the editor for Freddie Mac and Fannie Mae’s contribution and important role in the housing market. Among those appearing in print are: James C. Miller III, former budget director for President Reagan, Kenneth Guenther, former president and CEO of the Independent Community Bankers of America, and AEI Fellow and Scripps Howard Columnist James Glassman.
$5 Billion Invested in Low-Income Housing Tax Credits
Freddie Mac's portfolio of Low-Income Housing Tax Credit (LIHTC) investments now exceeds $5 billion. Freddie Mac is one of the largest corporate investors in tax credit housing development. Since investing its first dollar in LIHTCs in 1988, Freddie Mac’s portfolio has grown from $500 million in 1996 to over $5 billion in 2005, and includes 224 separate limited partnership investment funds covering over 3,900 housing developments.
