Mortgage Rates Climb for First Time in a Month, Landing at 6.72% [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
NYPD Car Chases Are Becoming More Frequent — and More Dangerous New York City's Historic Preservation Movement Is Having a Midlife Crisis Dakar's Air Quality Plummets as Saharan Dust Descends on Senegal The average for a 30-year fixed loan was 6.72%, up from 6.6% last week, Freddie Mac said in a statement Thursday. The Federal Reserve on Wednesday cut its benchmark rate for the third time since mid-September, but signaled a slower pace ahead for any future adjustments. Officials are predicting just two reductions for 2025, a pullback from earlier projections. Fed Chair Jerome Powell said more progress is needed on inflation, which remains above the central bank's target. “This may be the last easy cut for a while,” Kara Ng, senior economist at Zillow Home Loans, said after Wednesday's announcement. “Moving forward, the Fed and markets will likely be in reaction mode to incoming economic data and policy announcements. Homebuyers should expect mortgage rates to continue on th
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FMCC
News
- The Fed cut interest rates, but mortgage costs jumped. Here's why [CNBC]CNBC
- The US housing market has had a tough year. Here's what could save it [Yahoo! Finance]Yahoo! Finance
- The US housing market has had a tough year. Here's what could save it [CNN]CNN
- Is Wall Street Really Buying 44% Of Homes? Report Says Not Even Close [Yahoo! Finance]Yahoo! Finance
- The US housing market has had a tough year. Here's what could save it [CNN]CNN
FMCC
Analyst Actions
- 11/20/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 11/25/24 - Form ABS-15G
- 11/21/24 - Form ABS-15G
- 11/6/24 - Form ABS-15G/A
- FMCC's page on the SEC website