Mortgage Rates Are the Lowest Ever, Making Refinancing Even Sweeter [Yahoo! Finance News]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: Yahoo! Finance News
It has finally happened: Borrowers are officially seeing the best mortgage rates in history Rates that had been falling further and further for weeks have now hit the lowest levels on record, according to a popular survey that has been tracking mortgage rates since 1971. That means millions of homeowners who still haven't refinanced Rates have sunk as a kind of upside if you want to call it that) to the coronavirus crisis. Fearful financial markets have sent interest rates plunging, including mortgage rates. Mortgage rates drop to new all-time lows Rates on home loans have gone to a place they've never been before, says Sam Khater, chief economist for mortgage company Freddie Mac. “The average 30-year fixed-rate mortgage hit a record 3.29% this week, the lowest level in its nearly 50-year history," Khater said in a news release. "Meanwhile, mortgage applications increased 10% last week from one year ago and show no signs of slowing down." Freddie Mac's previous all-time low rate for A
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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