Refis Constituted Three-Quarters of Freddie Mac's February Volume

Posted To: MND NewsWire

Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 17.7 percent in February compared to a 16.1 percent gain in January. The portfolio balance at the end of the period was $2.818 trillion compared to $2.777 trillion the prior month and $2.350 trillion a year earlier. Purchases and Issuances totaled $116.362 billion, and Sales were ($1.174) billion. The January numbers were $120.128 billion and ($.588) billion, respectively. Single-family refinance loan purchase and guarantee volume was $85.0 billion in February compared to $84.56 billion in January, representing a 77 percent share of total single-family mortgage portfolio purchases and issuances, up from 73 percent the previous month. Purchases in Freddie Mac’s Mortgage Related Investments Portfolio…(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.


Refis Constituted Three-Quarters of Freddie Mac's February Volume
Refis Constituted Three-Quarters of Freddie Mac's February Volume

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *