Freddie Mac

American  

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.

---

Etymology

Origin of Freddie Mac

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

Example Sentences

Mortgage rates have risen since the first quarter of the year, when weekly readings by Freddie Mac pegged the average 30-year fixed mortgage rate below 6%.

From Barron's • May 5, 2026

Since US strikes on Iran began, the average interest rate for a 30-year mortgage has risen from 5.98% to 6.3%, according to data from Freddie Mac.

From BBC • May 2, 2026

For years, credit bureaus—and some lawmakers—have pushed Fannie Mae, Freddie Mac, and other mortgage agencies to use alternative credit scores when making lending decisions.

From Barron's • Apr. 22, 2026

Warsh defended his record by pointing to how he had called for stronger oversight of mortgage-finance giants Fannie Mae and Freddie Mac.

From The Wall Street Journal • Apr. 21, 2026

Then came the collapse of the government-sponsored entities, Fannie Mae and Freddie Mac, both promptly nationalized.

From "The Big Short" by Michael Lewis