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Fannie/Freddie Close 2024 on a High Note - The MortgagePoint

Summary by themortgagepoint.com

While the U.S. housing market continues to struggle with mortgage rates nearing the 7% mark, and the average U.S. home valued at $355,328 (up 2.7% over the past year), Fannie Mae and Freddie Mac both closed out 2024 on a high note, both reporting quarterly and annual gains. Fannie Mae reported $17 billion in annual net income, and $4.1 billion Q4 2024 net income, with its net worth reaching $94.7 billion as of December 31, 2024. “FannieMae concl…

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themortgagepoint.com

Fannie/Freddie Close 2024 on a High Note - The MortgagePoint

While the U.S. housing market continues to struggle with mortgage rates nearing the 7% mark, and the average U.S. home valued at $355,328 (up 2.7% over the past year), Fannie Mae and Freddie Mac both closed out 2024 on a high note, both reporting quarterly and annual gains. Fannie Mae reported $17 billion in annual net income, and $4.1 billion Q4 2024 net income, with its net worth reaching $94.7 billion as of December 31, 2024. “FannieMae concl…

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themortgagepoint.com broke the news in 8 days ago on Friday, February 14, 2025.

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