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Federal Home Loan Mortgage Corporation (FMCCG)
| Previous close | 5.80 |
| Open | 5.64 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's range | 5.60 - 5.89 |
| 52-week range | 2.03 - 6.00 |
| Volume | |
| Avg. volume | 1,033 |
| Market cap | 2.577B |
| Beta (5Y monthly) | 1.46 |
| PE ratio (TTM) | 82.35 |
| EPS (TTM) | 0.07 |
| Earnings date | 31 Jul 2024 - 05 Aug 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 12 Jun 2008 |
| 1y target est | N/A |
ReutersUS 30-year fixed-rate mortgage falls to 7.09%, still too high to boost housing
U.S. mortgage rates fell this week for the first time in more than a month amid signs of slowing economic activity, but remain too high to provide a significant boost to the housing market. The average rate on the popular 30-year fixed-rate mortgage was down to 7.09% as of May 9, from 7.22% last week, ending five straight weekly increases, mortgage finance agency Freddie Mac said in a statement on Thursday. The decline in mortgage rates coincides with a drop in the 10-year Treasury yield following recent data showing a moderation economic and job growth.
Associated Press FinanceAverage long-term US mortgage rate snaps five-week string of increases, but remains above 7%
The average rate on a 30-year mortgage fell for the first time in four weeks, a slight relief for home shoppers already facing the challenges of rising housing prices and a shortage of homes for sale. The rate fell to 7.09% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers, limiting how much homebuyers can afford.
GlobeNewswireMortgage Rates Decrease for the First Time Since March
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 05/09/2024 MCLEAN, Va., May 09, 2024 (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 7.09 percent. “After a five week climb, mortgage rates ticked down following a weaker than expected jobs report,” said Sam Khater, Freddie Mac’s Chief Economist. “An environment where rates continue to hover above
