Freddie Mac reported this week that its total mortgage portfolio increased at an annualized rate of 12.0 percent in November compared to a 15.7 percent gain in October. The portfolio balance at the end of the period was $ 3.211 trillion compared to $ 3.179 trillion the prior month and $ 2.734 trillion a year earlier. Purchases and Issuances plummeted to $ 94.635 billion from $ 109.333 billion the prior month and Sales were ($ 503) billion compared to ($ 855) billion. Single-family refinance loan purchase and guarantee volume was $ 52.7 billion in November compared to $ 59.1 billion in October, representing a 60 percent share of total single-family mortgage portfolio purchases and issuances, unchanged from October.
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