How To Survive Financially in Your First Year of Homeownership [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: Yahoo! Finance
of owners not wanting to sell and let go of lower rates they secured a few years back — have left many Americans on the sidelines. Find Out: 5 Types of Homes That Will Plummet in Value in 2024 Learn More: How To Get $340 Per Year in Cash Back on Gas and Other Things You Already Buy While demand is increasing, the 30-year fixed-rate mortgage surpassed 7% on April 18 and many would-be buyers continue to be priced out of the market, according to Freddie Mac. Americans who have purchased their first homes in this environment have reason to celebrate. But experts warn that several steps must be taken to survive the first year of homeownership and not be crushed by unexpected financial costs. “Navigating the first year of homeownership can be both exhilarating and daunting, with financial management being key to maintaining stability,” said Michael Hills, CFS, and financial advisor at Apex Wealth Hills said first-time homeowners need to create and adhere to comprehensive budgets
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FMCC
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 5/8/24 - Form ABS-15G
- 5/6/24 - Form 8-K
- 5/1/24 - Form 8-K
- FMCC's page on the SEC website