There is 'early softening' in housing market: Economist Fri, Jun 28, 2024, 6:38 PM GMT+2 0 Video Transcript Advertisement Up next Mortgage rates decline for fourth week in a row Fri, Jun 2...
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: Acquire Media Monitor
Daryl Fairweather, Redfin's chief economist, provides insights into this trend. Fairweather observes "early softening in the market," noting that buyers can now negotiate prices. She emphasizes that while price is important, it "shouldn't be the end-all-be-all," and buyers also have room for negotiation on other terms. The increase in new home sales is creating more competition among sellers, leading to price drops and incentives. Fairweather notes that sellers are working harder to "meet buyers where they're at" in this changing market. Regarding interest rates, Fairweather tells Yahoo Finance, "Buyers are so sensitive to rates that any little movement will pull some back into the market. If rates come down, we'll get buyers back into the market, and we'll... be back where we are in terms of affordability." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith Redfin has a new report out
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News
- Looking to buy a house? These 3 'cold' markets could offer a bargain [FOX Business Network]FOX Business Network
- Mortgage Interest Rate Today, June 30, 2024 | Rates Should Trend Down Further This Year [Business Insider]Business Insider
- What Nike's slashed full-year guidance signals about consumers Fri, Jun 28, 2024, 6:33 PM GMT+2 0 In this article: Video Transcript Advertisement Up next Mortgage rates decline for fourth week in a row Fri, Jun 28, 2024, 6:21 PM GMT+2 1 Video Transcript Acquire Media Monitor
- Mortgage rates decline for fourth week in a row [Yahoo! Finance Canada]Yahoo! Finance Canada
- Mortgage rates trickle down, but high prices keep buyers out of the market: Freddie Mac [FOX Business Network]FOX Business Network
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