Mortgage Interest Rates Today, July 5, 2024 | Rates May Finally Go Down Soon, but Don't Expect Big Drops [Business Insider]
Federal National Mortgage Association (FNMA)
NASDAQ:AMEX Investor Relations:
fanniemae.com/portal/about-fm/investor-relations/index.html
Company Research
Source: Business Insider
Forecasters have long been predicting that mortgage rates will soon decrease, but stubbornly high inflation in the first half of the year pushed back those expectations. Now that inflation appears to finally be coming down and the overall economy is showing signs of cooling, rates could finally start to go down in the coming months and years. But rates aren't expected to drop quickly, which means it could take some time for affordability to noticeably improve. In its most recent housing forecast , Fannie Mae predicted that 30-year rates will end 2024 around 6.7%, a modest decrease from current levels. If you're currently in the market for a mortgage, getting quotes from multiple mortgage lenders can help ensure you get the best deal possible while rates are still high. Mortgage Rates Today Mortgage type Average rate today Mortgage Refinance Rates Today Mortgage type Average rate today Mortgage Calculator Use our free mortgage calculator to see how today's mortgage
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News
- Fannie Mae Reminds Homeowners, Renters, and Mortgage Servicers of Disaster Relief Options for Those Affected by Hurricane HelenePR Newswire
- Fannie Mae Releases August 2024 Monthly SummaryPR Newswire
- 3 Short-Term Government Bond Mutual Funds for Stable Returns [Yahoo! Finance]Yahoo! Finance
- Existing Home Sales on Pace to Hit Nearly 30-Year Low, Despite Recently Lower RatesPR Newswire
- Fannie Mae Prices $708 Million Connecticut Avenue Securities (CAS) REMIC DealPR Newswire
FNMA
Sec Filings
- 8/13/24 - Form ABS-15G/A
- 8/13/24 - Form ABS-15G/A
- 8/13/24 - Form ABS-15G/A
- FNMA's page on the SEC website