Freddie Mac
Americannoun
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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
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“The housing market continues to show gradual improvements compared to a year ago amid recent rate volatility,” said Sam Khater, Freddie Mac’s chief economist.
From MarketWatch
He said he would permit mortgage giants Fannie Mae External link and Freddie Mac External link to use a product from competitor VantageScore if they chose.
From Barron's
Fannie Mae and Freddie Mac shares have fallen over 30% since last Friday, with a potential share offering now unlikely in the near term.
From Barron's
A Wedbush analyst states a public offering for Fannie Mae and Freddie Mac won’t happen soon, despite maintaining an Outperform rating.
From Barron's
The average 30-year fixed mortgage rate stood at 6.11% as of March 12, according to Freddie Mac, the second week in a row that rates have risen.
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
