|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||2.1000 - 2.1000|
|52-week range||1.2500 - 10.2500|
|Beta (5Y monthly)||2.64|
|PE ratio (TTM)||7.87|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||12 Jun 2008|
|1y target est||N/A|
Mortgage rates returned to 3%, with inflation and market sentiment towards monetary policy pushing rates higher in the week.
With mortgage rates back above the 3% mark, positive stats in the early part of the week will force rates higher yet, which would weigh further on applications amidst rising house prices.
The Federal Housing Finance Agency (FHFA), which manages Fannie Mae and Freddie Mac, has announced a new extension of forbearance programs for multifamily properties, which was set to expire on Sept. 30. The Millionacres takeaway: Our Kristi Waterworth points out that affected landlords must inform tenants about protections available to them during the forbearance and repayment periods. Famed investor Warren Buffett quipped that his favorite holding period is forever.