Redfin Report: For the First Time in Nearly 2 Years, There's No Major American Metro Where Home Prices Are Falling [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: Yahoo! Finance
SEATTLE, May 02, 2024 BUSINESS WIRE )--(NASDAQ: RDFN) —The median home-sale price rose from a year earlier or stayed the same in all 50 of the most populous U.S. metros during the four weeks ending April 28, the first time that has happened since July 2022. That's according to a new report from Redfin ( redfin.com ), the technology-powered real estate brokerage. Nationwide, the median sale price rose to a near-record $383,188, up 4.8% year over year. Mortgage rates also continued climbing, with the weekly average hitting its highest level in five months. High prices and rates drove the median monthly housing payment to a record $2,890, up 15% year over year. Home-price increases were driven by affluent metros and a pair of more affordable places: Anaheim, CA, where prices rose over 20% year over year, took the top spot. It's followed by Detroit (14.9%), San Jose, CA (13.6%), West Palm Beach, FL (13.4%) and New Brunswick, NJ (12.8%). The metros with the smallest price increases we
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News
- Looking to purchase a home? These U.S. cities are the most buyer-friendly. [Yahoo! Finance]Yahoo! Finance
- Looking to purchase a home? These U.S. cities are the most buyer-friendly. [CBS News]CBS News
- Mortgage rates drop for second straight week to 7.02% [Yahoo! Finance]Yahoo! Finance
- Mortgage rates inch down for second straight week [Yahoo! Finance Canada]Yahoo! Finance Canada
- Mortgage rates drop for second straight week to 7.02% [FOX Business Network]FOX Business Network
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