Previous close | 3.2500 |
Open | 3.2500 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 3.2500 - 3.2500 |
52-week range | 1.2100 - 3.5000 |
Volume | |
Avg. volume | 24,739 |
Market cap | 2.574B |
Beta (5Y monthly) | 1.48 |
PE ratio (TTM) | 47.79 |
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 |
The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what's traditionally the housing market's busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.71%, Freddie Mac said.
Freddie Mac said home prices will increase 0.5% in 2024 and 2025, after saying last month they will rise 2.5% in 2024 and 2.1% 2025.
U.S. mortgage rates increased by the most since June and also crossed the 7% threshold for the first time since December, muddling home sales growth, a Thursday report said. The average rate on a 30-year fixed-rate mortgage rose to 7.10% for the week ended April 18 from 6.88% the week prior, Freddie Mac reported. “As rates trend higher, potential homebuyers are deciding whether to buy before rates rise even more or hold off in hopes of decreases later in the year," said Sam Khater, Freddie Mac's chief economist.