Previous Close | 1.3400 |
Open | 1.3400 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's Range | 1.3400 - 1.3400 |
52 Week Range | 1.1600 - 2.9500 |
Volume | |
Avg. Volume | 4,971 |
Market Cap | 1.076B |
Beta (5Y Monthly) | 2.02 |
PE Ratio (TTM) | 19.71 |
EPS (TTM) | 0.0680 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jun 12, 2008 |
1y Target Est | N/A |
(Bloomberg) -- US mortgage rates increased for a third straight week, reaching the highest level since November.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as Loans Dry UpApple Plans Major Retail Push With New Stores Across China, USThe average for a 30-year, fixed loan climbed to 6.79%, up from 6.57%
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 6/1/2023. MCLEAN, Va., June 01, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.79 percent. “Mortgage rates jumped this week, as a buoyant economy has prompted the market to price-in the likelihood of another Federal Reserve rate hike,” said Sam Khater, Freddie Mac’s Chief Economist. “Althou
MCLEAN, Va., May 26, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by Typhoon Mawar in Guam. Freddie Mac’s short-term forbearance program provides homeowners mortgage relief for up to 12 months without incurring late fees or penalties. “Freddie Mac and its partners stand ready to provide immediate assistance to those impacted by Typhoon Mawar,” said Bill Maguire, Freddie Mac’s Vice Presid
This comes after the ratings agency on Wednesday had warned that the U.S. credit rating could be downgraded if a debt ceiling deal was not reached soon. In a statement on Thursday evening, Fitch said the move reflected "uncertainty surrounding the resolution of the RWN (Rating Watch Negative) on the U.S."
MCLEAN, Va., May 25, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for April 2023, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles.
(Bloomberg) -- US mortgage rates rose to the highest level since mid-March. Most Read from BloombergApple Plans to Turn Locked iPhones Into Smart Displays With iOS 17Cathie Wood’s ARKK Dumped Nvidia Stock Before $560 Billion SurgeMcCarthy Signals Debt Deal Optimism as US Put on Credit WatchFirst Republic’s $35 Million Banker Outearned JPMorgan’s Dimon Before BustJPMorgan Tells 1,000 First Republic Employees They'll Lose Their JobsThe average for a 30-year, fixed loan was 6.57%, up from 6.39% las
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 5/25/2023. MCLEAN, Va., May 25, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.57 percent. “The U.S. economy is showing continued resilience which, combined with debt ceiling concerns, led to higher mortgage rates this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Dampened affordabi
New capability helps lenders calculate borrower income more quickly and preciselyMCLEAN, Va., May 22, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced enhancements to its ground-breaking automated income assessment tool that allows lenders to assess a homebuyer’s income paid through direct deposit to also include the borrower’s digital paystub data. This detailed information can help lenders calculate income faster and more precisely to improve loan quality, simplify the mortga
(Bloomberg) -- Mortgage rates in the US increased for the first time this month.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedThe average for a 30-year, fixed loan was 6.39%, up from 6.35% last week, Freddie Mac
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 5/18/2023. MCLEAN, Va., May 18, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.39 percent. “The 30-year fixed-rate mortgage averaged 6.39 percent this week, as economic crosscurrents have kept rates within a ten-basis point range over the last several weeks,” said Sam Khater, Freddie Mac’s
MCLEAN, Va., May 17, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today updated the tender results of its previously announced offer to purchase (the “Offer”) any and all of the STACR® (Structured Agency Credit Risk) Notes listed below (the “Notes”). Certain of the series of Notes subject to the Offer were issued by the STACR trust identified in the table below (each, a “Trust”). Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the s
MCLEAN, Va., May 16, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that, in addition to the fallback information on Freddie Mac legacy LIBOR-indexed securities currently posted to Freddie Mac's Reference Rates Transition webpage, it has posted that information to the LIBOR Replacement Index Communication solution using The Depository Trust & Clearing Corporation’s (DTCC) Legal Notice System (LENS). Freddie Mac securities will transition from LIBOR to replacement indices base
MCLEAN, Va., May 15, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the winners of its Home Possible RISE Awards®. The annual program, RISE (Recognizing Individuals for Sustained Excellence), salutes top clients across multiple categories for excellence with the Freddie Mac Home Possible® mortgage – the company’s affordable lending solution for very low- to low-income homebuyers. “We applaud our lender partners for helping borrowers overcome affordability challenges to achiev
MCLEAN, Va., May 15, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) (the “Company”) today announced the tender results of its previously announced offer to purchase (the “Offer”) any and all of the STACR® (Structured Agency Credit Risk) Notes listed below (the “Notes”). Certain of the series of Notes subject to the Offer were issued by the STACR trust identified in the table below (each, a “Trust”). Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the
(Bloomberg) -- Mortgage rates in the US declined for a second-straight week.Most Read from BloombergElon Musk Says He’s Stepping Down as Twitter’s CEOKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireJamie Dimon Says US Needs to 'Finish' the Bank CrisisFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoTurkey Markets Rally as Candidate Withdraws Days Before VoteThe average for a 30-year, fixed loan was 6.35%, down from 6.39% last week, Freddie Mac said in a
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 5/11/2023. MCLEAN, Va., May 11, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey (PMMS), showing the 30-year fixed-rate mortgage (FRM) averaged 6.35 percent. “This week’s decrease continues a recent sideways trend in mortgage rates, which is a welcome departure from the record increases of last year,” said Sam Khater, Freddie Mac’s Chief Economist. “While in
MCLEAN, Va., May 08, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Monday, May 8, 2023. Certain of the series of Notes subject to the Offer were issued by the STACR trust identified in the table below (each, a “Trust”). Freddie Mac is the holder of the owner certificate issued
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 5/4/2023 MCLEAN, Va., May 04, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.39 percent. “This week, mortgage rates inched down slightly amid recent volatility in the banking sector and commentary from the Federal Reserve on its policy outlook,” said Sam Khater, Freddie Mac’s Chief Economis
Q1 2023 Federal Home Loan Mortgage Corp Earnings Call
MCLEAN, Va., May 03, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its First Quarter 2023 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company’s Form 10-Q and earnings press release, along with the First Quarter 2023 financial results supplement are available now on the Investor Relations page of the company’s website. The company will hold a call at 9 a.m. Eastern Time (ET) today, May 3, 2023, to share it
MCLEAN, Va., May 02, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its First Quarter 2023 financial results before the U.S. financial markets open on Wednesday, May 3, 2023. The company will hold a call at 9 a.m. Eastern Time (ET) on Wednesday, May 3, 2023, to share the company’s results with the media. The call will be concurrently webcast, and the replay will be available on the company’s website for approximately 30 days. All materials related to th
MCLEAN, Va., May 01, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced enhanced access to Mortgage-Backed Securities (MBS) analytics data through its Clarity Data Intelligence® (Clarity) tool. “With Clarity, Freddie Mac MBS investors now have easy, efficient access to critical performance data through the same centralized hub our Credit Risk Transfer (CRT) investors have enjoyed for years,” said Mark Hanson, Senior Vice President for Securitization at Freddie Mac. “The ability t
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 4/27/2023 MCLEAN, Va., April 27, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.43 percent. “The 30-year fixed-rate mortgage increased modestly for the second straight week, but with the rate of inflation decelerating rates should gently decline over the course of 2023,” said Sam Khater, Fr
MCLEAN, Va., April 25, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for March 2023, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles
New Report Shows Impact of Green, Social and Sustainability BondsMCLEAN, Va., April 20, 2023 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily released its annual Impact Bonds Report detailing the company’s successful efforts to issue more than $15 billion in Green, Social and Sustainability Bonds since 2019. The annual report showcases how Freddie Mac’s Impact Bonds continue to support multifamily properties that address persistent housing challenges, particularly environmental and