Federal Home Loan Mortgage Corporation (FMCCS)
| Previous Close | 3.1200 |
| Open | 3.1200 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 3.1200 - 3.1200 |
| 52 Week Range | 2.2700 - 3.7500 |
| Volume | |
| Avg. Volume | 588 |
| Market Cap | 1.378B |
| Beta (5Y Monthly) | 1.83 |
| PE Ratio (TTM) | 45.88 |
| 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 |
- CNN Business
Mortgage rates drop to lowest levels since August
Mortgage rates continued to fall this week, averaging just over 7%. It is the sixth straight week rates have dropped, undoing seven previous consecutive weeks of increases.
- Reuters
US mortgage rates fall to nearly 4-month low - Freddie Mac
Mortgage finance giant Freddie Mac said the average rate on a 30-year fixed rate mortgage fell to 7.03% as of Thursday from 7.22% the week before. Since hitting their highest levels in more than two decades in October near 8%, mortgage rates have tumbled as bond markets have rallied on expectations the Federal Reserve is done with its aggressive tightening campaign to rein in inflation.
- Associated Press Finance
Sixth-straight drop: Average long-term US mortgage rate falls to 7.03%, lowest level since August
Home loan financing costs eased again this week, as the average long-term U.S. mortgage rate slid to its lowest level in four months. The average rate on a 30-year mortgage dropped to 7.03% from 7.22% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loan, also declined this week, with the average rate falling to 6.29% from 6.56% last week.
