Mortgage rates on the decline while applications rise: Freddie Mac [FOX Business Network]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: FOX Business Network
The average 30-year fixed-rate mortgage was 6.95% for the week ending June 13, according to Freddie Mac's latest Primary Mortgage Market Survey . That's a decrease from the previous week when it averaged 6.99%, but up from 6.69% a year ago. The average rate for a 15-year mortgage was 6.17%, down from 6.29% last week and up from 6.10% last year. The dip in rates followed a positive inflation report showing a slight softening in consumer prices. On an annual basis, prices rose 3.3% in May, down from the 3.4% growth last month and below market expectations. On a monthly basis, prices remained unchanged after rising 0.3% the previous month. Economists surveyed by Dow Jones had been looking for a 0.1% monthly gain and a 3.4% annual rate. Inflation continues to moderate towards the 2% target level set by the Federal Reserve. Despite the progress, the central bank intends to keep interest rates higher until it builds more confidence that inflation is moving in the right direction. On
Show less
Read more
Impact Snapshot
Event Time:
FMCC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FMCC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FMCC alerts
High impacting Federal Home Loan Mortgage Corporation news events
Weekly update
A roundup of the hottest topics
FMCC
News
- Harbor Group International's Real Estate Credit Platform Reaches $5 Billion in Assets Under Management [Yahoo! Finance]Yahoo! Finance
- NAHREP Releases List of Top Latino Real Estate Agents in America [Yahoo! Finance]Yahoo! Finance
- Mortgage Interest Rates Today, June 26, 2024 | How Much Will Rates Drop This Year? [Business Insider]Business Insider
- Freddie Mac mortgage portfolio rises at 2.1% annual rate in May [Seeking Alpha]Seeking Alpha
- Freddie Mac Issues Monthly Volume Summary for May 2024GlobeNewswire
FMCC
Sec Filings
- 6/21/24 - Form 25
- 6/11/24 - Form 8-K
- 5/29/24 - Form ABS-15G
- FMCC's page on the SEC website