US new home sales rebound in March [Reuters]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: Reuters
from a persistent shortage of previously owned houses on the market, but momentum could be curbed by a resurgence in mortgage rates. New home sales jumped 8.8% to a seasonally adjusted annual rate of 693,000 units last month, the highest level since last September, the Commerce Department's Census Bureau said on Tuesday. The sales pace for February was revised down to 637,000 units from the previously reported 662,000 units. Report this ad Economists polled by Reuters had forecast new home sales, which account for more than 10% of U.S. home sales, advancing to a rate of 670,000 units. New home sales are counted at the signing of a contract, making them a leading indicator of the housing market. They, however, can be volatile on a month-to-month basis. Sales increased 8.3% on a year-on-year basis in March. Though the new housing market remains underpinned by the dearth of previously owned homes for sale, rising mortgage rates are taking a toll on affordability. Data last we
Show less
Read more
Impact Snapshot
Event Time:
FMCC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FMCC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FMCC alerts
High impacting Federal Home Loan Mortgage Corporation news events
Weekly update
A roundup of the hottest topics
FMCC
News
- KBRA Releases Monthly CMBS Trend Watch [Yahoo! Finance]Yahoo! Finance
- Home prices aren't falling in the biggest metro areas for the first time in 2 years, Redfin says [Business Insider]Business Insider
- Walker & Dunlop (WD) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Mortgage Interest Rates Today, May 3, 2024 | Rates Inch Down but Remain Above 7% [Business Insider]Business Insider
- Mortgage rates push higher with no relief in sight: Freddie Mac [FOX Business Network]FOX Business Network
FMCC
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 5/1/24 - Form 8-K
- 5/1/24 - Form 10-Q
- 4/30/24 - Form ABS-15G
- FMCC's page on the SEC website