Freddie Mac (FMCC): Price and Financial Metrics

Freddie Mac (FMCC): $1.40

0.05 (-3.45%)

POWR Rating

Component Grades

Momentum

B

Stability

C

Sentiment

Quality

C

FMCC Price/Volume Stats

Current price $1.40 52-week high $1.75
Prev. close $1.45 52-week low $0.40
Day low $1.36 Volume 3,914,500
Day high $1.46 Avg. volume 1,974,781
50-day MA $1.40 Dividend yield N/A
200-day MA $0.98 Market Cap 910.08M

FMCC Stock Price Chart Interactive Chart >


Freddie Mac (FMCC) Company Bio


Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates through three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions. The Multifamily segment engages in the purchase, sale, securitization, and guarantee of multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees, as well as post-construction financing to apartment project operators. The Capital Markets segment manages mortgage-related investments portfolio and treasury functions, including interest-rate risk management. It serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and lenders. Freddie Mac was founded in 1970 and is headquartered in McLean, Virginia.


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Latest FMCC News From Around the Web

Below are the latest news stories about FEDERAL HOME LOAN MORTGAGE CORP that investors may wish to consider to help them evaluate FMCC as an investment opportunity.

Mortgage rates drop for the ninth week in a row

US mortgage rates continued to drop this week, which extends the good news for home buyers who have been facing the least affordable housing market since the 1980s.

Yahoo | December 28, 2023

Mortgage Rates Continue to Fall. Where the Housing Market Is Heating Up.

Mortgage rates are falling, which could fuel a real estate market turnaround. The average 30-year fixed mortgage rate was 6.61% this week, Freddie Mac said Thursday. A housing market turnaround is coming, experts say.

Yahoo | December 28, 2023

Mortgage rates slide to lowest since May - Freddie Mac

The interest rate on a 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, down from 6.67% a week earlier. Rates, which had tumbled to below 3% during the height of the COVID-19 pandemic, had surged starting in 2022 when the Federal Reserve began an aggressive rate hiking campaign to rein in inflation. The Fed recently signaled that it is done with rate hikes and is likely to start lowering them in 2024.

Yahoo | December 28, 2023

Average long-term mortgage rates dip for 9th straight week, sliding to lowest level since May

The average long-term U.S. mortgage rate retreated for the ninth straight week to reach its lowest level since May. The average rate on a 30-year mortgage dipped to 6.61% from 6.67% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also inched down this week, with the average rate falling to 5.93% from 5.95% last week.

Yahoo | December 28, 2023

Heading into the New Year, Mortgage Rates Remain on a Downward Trend

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 12/28/2023 MCLEAN, Va., Dec. 28, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.61 percent. “The rapid descent of mortgage rates over the last two months stabilized a bit this week, but rates continue to trend down,” said Sam Khater, Freddie Mac’s Chief Economist. “Heading into the new year

Yahoo | December 28, 2023

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FMCC Price Returns

1-mo -2.78%
3-mo 13.82%
6-mo 122.19%
1-year 222.36%
3-year -40.43%
5-year -51.35%
YTD 64.71%
2023 140.59%
2022 -57.43%
2021 -64.38%
2020 -22.43%
2019 183.38%

Continue Researching FMCC

Want to see what other sources are saying about Federal Home Loan Mortgage Corp's financials and stock price? Try the links below:

Federal Home Loan Mortgage Corp (FMCC) Stock Price | Nasdaq
Federal Home Loan Mortgage Corp (FMCC) Stock Quote, History and News - Yahoo Finance
Federal Home Loan Mortgage Corp (FMCC) Stock Price and Basic Information | MarketWatch

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