Mortgage Rates Are the Lowest Ever, Making Refinancing Even Sweeter [Yahoo! Finance News]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
Company Research
Source: Yahoo! Finance News
It has finally happened: Borrowers are officially seeing the best mortgage rates in history Rates that had been falling further and further for weeks have now hit the lowest levels on record, according to a popular survey that has been tracking mortgage rates since 1971. That means millions of homeowners who still haven't refinanced Rates have sunk as a kind of upside if you want to call it that) to the coronavirus crisis. Fearful financial markets have sent interest rates plunging, including mortgage rates. Mortgage rates drop to new all-time lows Rates on home loans have gone to a place they've never been before, says Sam Khater, chief economist for mortgage company Freddie Mac. “The average 30-year fixed-rate mortgage hit a record 3.29% this week, the lowest level in its nearly 50-year history," Khater said in a news release. "Meanwhile, mortgage applications increased 10% last week from one year ago and show no signs of slowing down." Freddie Mac's previous all-time low rate for A
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
- Champaign County had lower home sales, higher median sale price: realtor group [Yahoo! Finance]Yahoo! Finance
- Mortgage rates are still above 7% and home prices remain high [FOX Business Network]FOX Business Network
- How To Survive Financially in Your First Year of Homeownership [Yahoo! Finance]Yahoo! Finance
- Champaign County average home prices keep growing as inventory shrinks [Yahoo! Finance]Yahoo! Finance
- Mortgage Interest Rates Today, April 26, 2024 | Are Homebuyers Adjusting to Higher Rates? [Business Insider]Business Insider
FMCC
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 4/23/24 - Form ABS-15G
- 3/28/24 - Form ABS-15G
- 3/28/24 - Form ABS-15G/A
- FMCC's page on the SEC website