Mortgage rates tick down to 7.09% [FOX Business Network]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: FOX Business Network
Mortgage rates dipped slightly this week for the first time since March, but remain above 7% as a home affordability crisis maintains its grip on the housing market. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage declined to 7.09% this week from 7.22% last week. The average rate on a 30-year loan was 6.35% a year ago. The average rate on the 15-year fixed mortgage dropped to 6.38% from 6.47% last week. One year ago, the rate on the 15-year fixed note averaged 5.75%.
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News
- Mortgage Interest Rates Today, May 19, 2024 | Rates Stay Low After Cooler Inflation Report [Business Insider]Business Insider
- 4 key strategies for homebuyers in today's challenging market [Yahoo! Finance]Yahoo! Finance
- 4 key strategies for homebuyers in today's challenging market [FOX Business Network]FOX Business Network
- ETFs to Play as Mortgage Rates Look Likely to Fall [Yahoo! Finance]Yahoo! Finance
- Spring homebuying season kicks off with encouraging start; California median home price sets new all-time high, C.A.R. reports [Yahoo! Finance]Yahoo! Finance
FMCC
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 5/9/24 - Form ABS-15G/A
- 5/9/24 - Form ABS-15G/A
- 5/9/24 - Form ABS-15G/A
- FMCC's page on the SEC website