Mortgage Interest Rate Today, June 30, 2024 | Rates Should Trend Down Further This Year [Business Insider]
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Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: Business Insider
Recent economic developments suggest mortgage rates may fall further throughout the remainder of 2024. On Friday, the Commerce Department reported that the core Personal Consumption Expenditures price index , the Federal Reserve's preferred inflation gauge, rose 2.6% year over year in May, a slowdown from April's 2.8% reading. As inflation slows, the Fed is expected to start lowering the federal funds rate . While mortgage rates aren't directly impacted by the Fed's benchmark rate, they often trend up or down based on how investors expect Fed policy moves to impact the broader economy. Once central bankers cut rates, mortgage rates are expected to go down somewhat. Mortgage Rates Today Mortgage type Average rate today Mortgage Refinance Rates Today Mortgage type Average rate today Mortgage Calculator Use our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. Mortgage Calculator Your estimated monthly payme
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FMCC
Sec Filings
- 7/2/24 - Form ABS-15G
- 7/2/24 - Form ABS-15G
- 7/1/24 - Form 8-K
- FMCC's page on the SEC website