Buyers hesitate as housing affordability declines [Yahoo! Finance]
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Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
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Source: Yahoo! Finance
“While many respondents expressed optimism at the beginning of the year that mortgage rates would decline, that simply hasn't happened, and current sentiment reflects pent-up frustration with the overall lack of purchase affordability. This is most clearly evidenced by our ‘good time to buy' component falling to a new survey low this month,” Doug Duncan, Fannie Mae senior vice president and chief economist, said in the report. As of Thursday, Freddie Mac reported a 6.86% 30-year fixed mortgage rate, the lowest it's been since the beginning of April this year. Rates are expected to lower into the summer months with hopes that more people will enter the market. “Homeowners' perception of home-selling conditions declined only slightly and remains largely positive after a steady increase over the last few months. This suggests to us that, despite the so-called ‘lock-in effect,' some homeowners may increasingly want or need to sell their homes for a myriad of non-financial reasons, wh
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FNMA
News
- Homeowners and renters struggling to afford the high cost of housing: survey [FOX Business Network]FOX Business Network
- Fannie Mae guaranty book of business edges up 0.3% in May [Seeking Alpha]Seeking Alpha
- Fannie Mae Releases May 2024 Monthly Summary [Yahoo! Finance]Yahoo! Finance
- Fannie Mae Releases May 2024 Monthly SummaryPR Newswire
- Mortgage rates decline for 4th straight week [Yahoo! Finance Canada]Yahoo! Finance Canada
FNMA
Sec Filings
- 6/13/24 - Form 8-K
- 5/20/24 - Form 3
- 5/14/24 - Form 3
- FNMA's page on the SEC website