Freddie Mac

noun

1. Federal Home Loan Mortgage Corporation.
2. a publicly traded security that represents participation in a pool of mortgages guaranteed by the Federal Home Loan Mortgage Corporation.

Word History and Origins

Origin of Freddie Mac¹

1970–75; from the initials FHLMC, on the model of Fannie Mae

Example Sentences

“An environment where rates continue to hover above 7% impacts both sellers and buyers,” said Sam Khater, Freddie Mac’s chief economist.

From Seattle Times

The average rate on 30-year mortgages, the most popular home loan in the United States, rose to 7.1 percent this week, Freddie Mac reported on Thursday, the highest since November.

From New York Times

“Despite the recent dip, mortgage rates remain high as the market contends with the pressure of sticky inflation,” said Sam Khater, Freddie Mac’s chief economist.

From Seattle Times

“Strong incoming economic and inflation data has caused the market to re-evaluate the path of monetary policy, leading to higher mortgage rates,” said Sam Khater, Freddie Mac’s chief economist.

From Seattle Times

“The economy has been performing well so far this year and rates may stay higher for longer, potentially slowing the spring homebuying season,” said Sam Khater, Freddie Mac’s chief economist.

From Seattle Times