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0.0035211267605633 -0.00704225352112677 -0.00704225352112677 -0.0140845070422535 -0.0140845070422535 -0.0140845070422535 -0.0281690140845071 -0.0211267605633803
Stock impact report

US Mortgage Rates Drop, Giving House Hunters More Buying Power [Yahoo! Finance]

Federal Home Loan Mortgage Corporation (FMCC) 
NASDAQ:AMEX Investor Relations: freddiemac.com/investors
Company Research Source: Yahoo! Finance
London Insurers Face Baltimore Bridge Payouts Worth Billions Dubai Is Losing Its Allure for Wealthy Russians UBS Banker's Frustration Exposes Cracks in World of Climate Finance Tesla's $25,000 Car Means Tossing Out the 100-Year-Old Assembly Line Biden Gains Ground Against Trump in Six Key States, Poll Shows The average for a 30-year, fixed loan was 6.79%, down from 6.87% last week, Freddie Mac said in a statement Thursday. Borrowing costs haven't breached 7% since early December, but they're still about double where they were in early 2022, before the Federal Reserve started aggressively raising its benchmark rate. The central bank has signaled its first rate reduction is likely to come this year, but the timing remains dependent on inflation and jobs data. Read More: Powell Juices Bond Market Bet on Inflation With Tilt to Jobs Elevated mortgage rates along with rising prices have cut into purchasing power for house hunters, but more owners have been listing their pro Show less Read more
Impact Snapshot
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FMCC
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