Federal Home Loan Mortgage Corporation (FHL.DE)
| Previous Close | 0.6180 |
| Open | 0.6180 |
| Bid | 0.0000 x N/A |
| Ask | 0.0000 x N/A |
| Day's Range | 0.6180 - 0.6180 |
| 52 Week Range | 0.4154 - 0.9690 |
| Volume | |
| Avg. Volume | 68 |
| Market Cap | 401.737M |
| Beta (5Y Monthly) | 1.61 |
| PE Ratio (TTM) | 8.83 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters
Mortgage rates tick up for a second week -Freddie Mac
Mortgage rates edged higher for a second week, a survey released on Thursday showed, but they remain near the lowest levels since early last summer, which has contributed to a rebound in home loan demand in the new year. The average 30-year fixed-rate mortgage rate ticked up slightly to 6.66% on Thursday from 6.62% the week prior, according to a report from Freddie Mac. “Mortgage rates have not moved materially over the last three weeks and remain in the mid-six percent range, which has marginally increased homebuyer demand,” said Sam Khater, chief economist at Freddie Mac.
- Reuters
WRAPUP 2-US housing starts hit three-year low; surge in permits point to underlying strength
U.S. homebuilding plunged to a more than three-year low in August as a resurgence in mortgage rates weighed on demand for housing, but a jump in permits suggested new construction remained supported by a dearth of homes on the market. The decline in housing starts reported by the Commerce Department on Tuesday was the largest in a year and occurred across the board. The report followed on the heels of news on Monday that homebuilders' confidence slumped to a five-month low in September, with more builders reporting they were cutting prices and offering other incentives to lure buyers.
- Reuters
U.S. 30-year mortgage shoots up to decades-long high - Freddie Mac
Rates on the most popular U.S. home loan hit the highest level since 2001 on Thursday, according to Freddie Mac's weekly mortgage market survey. The popular 30-year mortgage rates rose to an average of 7.23% this week, the highest level in over two decades, up from 7.09% last week, which was the first time the rate passed 7% in 2023. Earlier this week, the Mortgage Brokers Association reported that decades-high borrowing costs drove mortgage applications to a 28-year low over the same period.
