Freddie Mac’s Mortgage Portfolio Up 3.8 Percent at Mid-Year

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Posted To: MND NewsWire

Freddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 3.8 percent in June. The portfolio balance at the end of the period was $2.130 trillion compared to $2.123 trillion at the end of May and $2.040 trillion at the end of June 2017. Purchases and Issuances totaled $35,543 billion, bringing the 2018 year-to-date total to $183.170 billion, Sales were ($3.318) billion and Liquidations ($25.414) billion in June and totaled ($11.845) and ($138.785) billion respectively so far this year. The annualized growth rate for 2018 through the end of June was 3.1 percent and the liquidations rate for the entire year was (13.2) percent. Single-family refinance-loan purchase and guarantee volume was $7.3 billion in June compared to $8.1 billion in May. The refinance…(read more)

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