Latest Freddie Mac News

Freddie Mac posts near-record profit… IRS workers protest spending cuts
May 8 (Bloomberg) — IN today's "Movers & Shakers," Bloomberg's Betty Liu reports that Disney CEO Bob Iger is reaping the rewards of investments in the company's theme parks as second-quarter net income jumped 32 percent to $ 1.5 billion. She speaks on …
Read more on Minneapolis / St. Paul Business Journal

Mortgage giant Freddie Mac earned .6 billion from January through March
Loading items… Loading… Loading items… Mortgage giant Freddie Mac earned $ 4.6 billion from January through March, helped by a stronger housing market – @AP. Story metadata: Submitted May 8, 2013, 1:14 p.m. GMT by editor; Share. Sharing: …
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Long-term mortgage rates turn higher
Average interest rates for five-year adjustable rate mortgages rose from 2.56 percent to 2.58 percent with 0.6 point, Freddie Mac said. And one-year adjustable rate mortgages using 10-year bonds as a benchmark averaged 2.53 percent with 0.4 point in …
Read more on UPI.com

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