Freddie Mac (FMCC) News
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FMCC News Highlights
- For FMCC, its 30 day story count is now at 20.
- Over the past 17 days, the trend for FMCC's stories per day has been choppy and unclear. It has oscillated between 1 and 5.
- The most mentioned tickers in articles about FMCC are LOAN, SAM and ADD.
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.
The Spring Homebuying Season Is Supposed to be Busy. So Where Are the Listings?Mortgage rates in recent weeks have pulled back, but are still well above year-ago levels—not to mention the historic lows set earlier in the pandemic. The volume of home purchase loan applications measured by the Mortgage Bankers Association has improved for three weeks in a row, but pales in comparison to the same period last year. Put simply: “The housing market is in a weird spot,” Peter Boockvar, an economist and Bleakley Financial Group chief investment officer, wrote in a Thursday email to clients. |
Real estate reprieve continues as mortgage rates keep fallingPotential homebuyers received some positive news from Freddie Mac's weekly interest rate report, as mortgage rates continued their decline for the second week. |
Average long-term US mortgage rate falls to 6.42% this weekThe average long-term U.S. mortgage fell for the second straight week which, combined with moderating home prices, could give house hunters a break and the housing market a boost as the spring buying season begins. Mortgage buyer Freddie Mac reported Thursday that the average on the benchmark 30-year rate fell to 6.42% from 6.6% last week. “On the homebuyer front, the news is more positive with improved purchase demand and stabilizing home prices,” said Sam Khater, Freddie Mac’s chief economist. |
Mortgage Rates Continue to Slide DownPrimary Mortgage Market Survey® U.S. weekly average mortgage rates as of 3/23/2023 MCLEAN, Va., March 23, 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 6.42 percent. “Mortgage rates continued to slide down as financial market concerns came to the fore over the last two weeks,” said Sam Khater, Freddie Mac’s Chief Economist. “However, on the homebuyer front, the n |
US Mortgage Rates Fall for Second Week, Sending 30-Year to 6.42%(Bloomberg) -- Mortgage rates in the US fell for a second straight week, easing costs for homebuyers in the market’s busiest season.Most Read from BloombergJack Dorsey’s Block Vows to Fight Back After Hindenburg Says It’s Short the StockUS Fears a War-Weary World May Embrace China’s Ukraine Peace BidShort Seller Hindenburg Says ‘Another Big One’ Coming SoonCredit Suisse, UBS Among Banks in DOJ Russia-Sanctions ProbeJPMorgan Sold $10 Million in Jewels Left in Bank Safe Deposit Box, Suit ClaimsThe |
The Fed’s Decision Could Keep Mortgage Rates From Marching HigherThe Federal Reserve’s Wednesday statement could help keep mortgage rates lower than recent peaks. The increase was a “dovish hike,” Mortgage Bankers Association chief economist Mike Fratantoni said. The FOMC statement supports the trade group’s view that mortgage rates will fall throughout the year, Fratantoni said. |
From Bear Stearns to Credit Suisse: Crises, Mergers and Bailouts(Bloomberg) -- From as much as $96 billion to around $3 billion: Credit Suisse Group AG is poised to join the historic ranks of finance giants sold at fire-sale prices in the grip of a market crisis.Most Read from BloombergUBS to Buy Credit Suisse in $3.3 Billion Deal to End CrisisCredit Suisse’s $17 Billion of Risky Bonds Are Now WorthlessWarren Buffett in Contact With Biden Team on Banking CrisisCredit Suisse Said to Push Back Against UBS’s $1 Billion OfferFed and Global Central Banks Move to |
Mortgage rates fall in latest week. Freddie Mac cites worries over bank closures, and volatility in financial marketsThe 30-year mortgage rate is averaging at 6.6%, Freddie Mac said in its latest weekly survey on Thursday. |
Network of YouTube financial influencers hit with class action suit for pumping up FTXS and student-loan companies illegally collecting on debt discharged in bankruptcyPERSONAL FINANCE DAILY Hi, MarketWatchers. Don’t miss these top stories.Student-loan companies illegally collecting on debt discharged in bankruptcy, consumer watchdog says CFPB weighs in after years of borrowers arguing in court that their loans are eligible to be discharged in bankruptcy Read More U. |
Mortgage rates drop to stall rising trendWeekly data compiled by Freddie Mac shows mortgage rates are down following an increase of more than half a percent over five consecutive weeks. The 30-year fixed-rate mortgage (FRM) averaged 6.60% while the 15-year rate was 5.9%. |