The 30-year fixed rate mortgage topped 7% for the first time since last May, although late in the week, the 10-year Treasury ...
Fannie Mae and Freddie Mac's stock were downgraded to "underperform" by KBW as they are currently priced above its ...
With sticky inflation and rising bond yields, mortgage rates continue to move higher. The Mortgage Bankers Association, whose ...
Shares of Fannie Mae and Freddie Mac fell Monday after Keefe, Bruyette & Woods analysts downgraded the stocks to Underperform ...
MCLEAN, Va., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for December 2024, which provides information on Freddie Mac’s ...
Mortgage rates topped 7% this week, a key psychological threshold, in a sign of the US housing market’s unrelenting affordability challenges.
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Why falling mortgage rates can signal bad news
Let’s divide 49 years of data into two, using the 30-year fixed mortgage rate tracked by Freddie Mac. The benchmark rate fell ... When rates were down, the Consumer Price Index was rising 3% a year.
The average rate on a standard, 30-year fixed mortgage was 7.04% in the week ending January 16, according to a survey of lenders released Thursday by Freddie Mac. It’s the fifth consecutive ...