Monthly housing payments decline alongside mortgage rates [Yahoo! Finance Canada]
Federal Home Loan Mortgage Corporation (FMCC)
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Source: Yahoo! Finance Canada
Meanwhile, a new Redfin report shows that median monthly housing payments have posted their largest decline in four years. Yahoo Finance Senior Housing Reporter Dani Romero joins Wealth! to break down the news and what it means for homebuyers. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl Video Transcript Mortgage rates falling again this week down to 6.09% as we're taking a look at that benchmark 30 year as the Fed, they cut rates by half a point this week and to discuss what you can expect next, we've got Yahoo Finance's very own, Danny Romero. All right. So, uh what half a percent here? That's a, that's big news here, Danny from the Fed, at least slightly big moves with mortgage rates this week, Freddie Mac reported that the average 30 year fixed mortgage rate fell about 1/10 of a percent this week. Now hitting the lowest level since February of last year. Remember, m
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News
- Should you buy a home after the Fed's big rate cut? [CBS News]CBS News
- If you own a home or hope to buy one soon, what does the Fed's interest rate cut mean for you? [Yahoo! Finance]Yahoo! Finance
- CNN Business Videos [CNN]CNN
- If you own a home or hope to buy one soon, what does the Fed's interest rate cut mean for you? [CNN]CNN
- Mercedes-Benz cuts full-year forecast on declining China sales [Yahoo! Finance]Yahoo! Finance
FMCC
Sec Filings
- 9/17/24 - Form 3
- 9/10/24 - Form 8-K
- 9/9/24 - Form ABS-15G
- FMCC's page on the SEC website