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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FMCC
News
- Mortgage rates rise after home sales jump in October [Yahoo! Finance]Yahoo! Finance
- Existing homes sales jump 3.4% in October, first increase in 3 years [Yahoo! Finance]Yahoo! Finance
- Miami-Dade $1M & Up Existing Condo Sales Continue to Climb; Single-Family Home Sales on Target to Top Last Year's Total [Yahoo! Finance]Yahoo! Finance
- Miami-Dade $1M & Up Existing Condo Sales Continue to Climb; Single-Family Home Sales on Target to Top Last Year's TotalPR Web
- Home sales jumped in October, and housing demand is set to pick up from here, NAR says [Business Insider]Business Insider
FMCC
Analyst Actions
- 11/20/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 11/21/24 - Form ABS-15G
- 11/6/24 - Form ABS-15G/A
- 11/6/24 - Form ABS-15G/A
- FMCC's page on the SEC website