Your Home
Freddie Mac brings stability to the housing market by providing a constant stream of mortgage funding that helps you buy, refinance, or rent a home.
By the Numbers
In good economic times and bad, Freddie Mac makes home possible. Since 2009, our funding has helped:
Since 2009, we've provided more than
$2 TRILLION
of mortgage credit when the nation needed it most.
This funding helped more than 10 million families buy, refinance or rent a home.
"The long-term fixed-rate mortgage is the cornerstone of our business. It protects homeowners from future payment shock, insulates investors from high delinquency rates, and provides stability to the nation's economy."
Frank Nothaft, vice president and chief economist
Making Home Possible
Our employees are working hard to ensure that mortgage funding is available for America's families.
"I like to think that my work here at Freddie Mac has given someone the opportunity to own their own home or maintain ownership of their home."
"I feel really good about our ability to make the recovery move forward and help the individual borrower."
"Our job in the multifamily division is to make sure there is appropriate financing available to the owners of multifamily housing so renters can find affordable homes."
Since 2009, we've funded nearly
$1.5 TRILLION
of refinance mortgages.
For the Freddie Mac loans refinanced in the first half of this year, homeowners will save an average of $3,700 per year, or $308 per month.
*Source: U.S. Department of Agriculture
HARP Hits Home
Homeowners: Josh and Kelly
Location: Tampa, FL
Original Interest Rate: 5.875%
New Interest Rate: 4.0%
Amount Underwater: $80,000
Monthly Savings: $523.00
"We wanted to take advantage of today's low rates but didn't think we could since we were underwater. When we found out about HARP, we were thrilled. Now we're saving more than $500 per month and have peace of mind."
Roughly 94% of the rental housing we fund serves families with incomes at or below the area median income.
Making a Difference
Since one-third of America's families rent rather than own, we have a vibrant multifamily business that is making a difference in underserved rental markets.
King-Garvey Square
San Francisco, CA
Located in one of the nation's most expensive rental markets, our funding provided affordable housing for 211 seniors and families.
University Village at Southern
Statesboro, GA
Located next to Georgia Southern University, our financing provided 532 university students with an affordable place to live while at school.
Arlington West
Jacksonville, NC
Located less than 10 miles from Marine Corps Base Camp Lejeune, our financing provided safe and secure housing for 324 non-deployed military troops, military families, civilians, and government contractors.
Since 2009, we've helped more than
5.6 MILLION FAMILIES
obtain a conforming, 30-year fixed-rate mortgage.
Compared to jumbo or non-conforming loans, the average yearly payment savings is $1,204 per homeowner, or $36,000 over the life of the loan.*
*Since 2009, based on an average loan balance of $222,000
**Source: U.S. Energy Information Administration