US housing starts rebound; building permits at highest level in over 12 years [CNBC]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
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Company Research
Source: CNBC
US housing starts total 1.314M in October, vs 1.320M expected US housing starts rebound; building permits at highest level in over 12 years Published Tue, Nov 19 2019 Updated 28 min ago Key Points starts increased 3.8% to 1.314 million units last month, with single-family construction rising for a fifth straight month and activity in the volatile multi-family sector rebounding solidly, the Commerce Department said. A worker measures wood for a house under construction at the KB Home Vineyard Crossing Community in Livermore, California. David Paul Morris | Bloomberg | Getty Images U.S. homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high, pointing to strength in the housing market amid lower mortgage rates. The report from the Commerce Department on Tuesday also showed an increase in home completions and the stock of homes under construction, which could help to ease a supply squeeze that has plagued the housing market. "This
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FMCC
News
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- US Mortgage Rates Decrease for Second Week, Falling to 7.02% [Yahoo! Finance]Yahoo! Finance
- Long-term mortgage rates retreat for second straight week, US average at 7.02% [Financial Post (Toronto, Ontario, Canada)]Financial Post
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