Previous close | 1.2300 |
Open | 1.2300 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 1.2300 - 1.3400 |
52-week range | 0.3800 - 1.3400 |
Volume | |
Avg. volume | 2,035,975 |
Market cap | 851.579M |
Beta (5Y monthly) | 1.43 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 12 Jun 2008 |
1y target est | N/A |
Freddie Mac said on Friday it has appointed Michael Hutchins as interim CEO, while the federal government-backed home mortgage company continues to search for a permanent chief. Hutchins will serve in this role until the earlier of the appointment of a permanent CEO or Sept. 30, the company said in a regulatory filing. Hutchins will take on the role from Michael DeVito on March 16.
Home loan borrowing costs fell for the second week in a row, pulling the average long-term U.S. mortgage rate to its lowest level since early February — good news for prospective home shoppers as the spring homebuying season gets underway. The average rate on a 30-year mortgage dropped to 6.74% from 6.88% last week, mortgage buyer Freddie Mac said Thursday. A year ago it averaged 5.90%, Freddie Mac said.
Mortgage rates this week saw their biggest drop since December, but movements in 10-year Treasury bond yields suggest the pullback will be short-lived. The average 30-year fixed mortgage rate was 6.74% this week, down 0.14 percentage point from 6.88% the week prior, according to Freddie Mac data released Thursday. “The 30-year fixed-rate mortgage decreased again this week, with declines totaling almost a quarter of a percent in two weeks’ time,” Sam Khater, Freddie Mac’s chief economist, said in a statement.