Federal Home Loan Mortgage Corporation (FMCCG)
| Previous Close | 5.08 |
| Open | 5.08 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 5.08 - 5.08 |
| 52 Week Range | 2.03 - 6.00 |
| Volume | |
| Avg. Volume | 1,414 |
| Market Cap | 2.338B |
| Beta (5Y Monthly) | 1.48 |
| PE Ratio (TTM) | 74.71 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Jun 12, 2008 |
| 1y Target Est | N/A |
- Bloomberg
Freddie Mac Seeks to Regulatory Approval to Back Home-Equity Loans
(Bloomberg) -- Freddie Mac is seeking regulatory approval to expand into guaranteeing second mortgages, a shift that would potentially drive down costs for Americans seeking to borrow against the equity in their home.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackBankers Hit With Millions in Breakup Fees for
- Bloomberg
Fannie Mae’s New Mortgage-Scoring System Aims to Lift MBS Demand
(Bloomberg) -- Fannie Mae is selling agency mortgage backed securities designed to appeal to socially minded investors, as the mortgage giant looks to draw more buyers into the market to help fill a void left by the Federal Reserve stopping purchases.Most Read from BloombergUS Yields Spike as Hawkish Powell Puts 5% in Play: Markets WrapDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelBeyond the Ivies: Surprise Winners in the
- Associated Press Finance
Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March
The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what's traditionally the busiest time of the year for home sales. The average rate on a 30-year mortgage rose to 6.88% from 6.82% last week, mortgage buyer Freddie Mac said Thursday. When mortgage rates rise, they can add hundreds of dollars a month in costs for borrowers, limiting how much they can afford at a time when the U.S. housing market remains constrained by relatively few homes for sale and rising home prices.
