Federal Home Loan Mortgage Corporation

Federal Home Loan Mortgage Corporation

Federal Home Loan Mortgage Corporation, or FHLMC, was the original name of Freddie Mac. Freddie Mac is a federally chartered corporation that supports the mortgage industry by repackaging qualified mortgage loans. The mortgages are purchased from lenders, securitized, and then sold to the investment community. These securities are not federally guaranteed.

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Loan Type Today
30 Year Fixed   6.10
15 Year Fixed   5.73
5/1 Adjustable   5.75

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