U.S Mortgage Rates as Lenders Look to Curb Demand [Yahoo! Finance News]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: Yahoo! Finance News
Mortgage rates defied gravity in the week ending 12 st Despite the continued global spread of the coronavirus, 30-year fixed rates increased by 6 basis points to 3.36%. The upside in the week was attributed to a lack of lender capacity to meet a surge in demand for new mortgages and refinance applications. In an attempt to ease demand, lenders increased rates in a bid to curb applications. While rates were on the rise in the week, 30-year fixed rates have fallen 95 basis points, year-on-year. 30-year fixed rates were also down by 158 basis points since November 2018’s most recent peak of 4.94%. Economic Data from the Week It was a quiet 1 The stats had a muted impact on U.S Treasury yields, however, with U.S President Trump’s national address overnight on Wednesday spooking the markets. At the start of the week, things had not been much better, with the virus making its presence known in the West. The spread led to the WHO raising its classification to a pandemic. Risk aversion drove
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
- 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