Federal National Mortgage Association Fannie Mae (FNM.DU)
| Previous Close | 1.3600 |
| Open | 1.3300 |
| Bid | 1.3200 x N/A |
| Ask | 1.4000 x N/A |
| Day's Range | 1.3200 - 1.3300 |
| 52 Week Range | 0.3740 - 1.7800 |
| Volume | |
| Avg. Volume | 402 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | Apr 30, 2024 - May 06, 2024 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
PR NewswireFannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal
Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R03, an approximately $628 million note offering that represents Fannie Mae's third CAS REMIC® transaction of the year. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business. Year to date, Fannie Mae has issued approximately $2.2 billion of notes under the CAS program.
Financial PostOpinion: Fixed-rate mortgages need their rates fixed for longer terms
What our banks call 'fixed-rate mortgages' are really variable rate loans with five-year resets. Longer terms would help many consumers
Barrons.comConsumers Are a Bit Gloomy About Mortgage Rates. What’s Behind the Sour Mood.
Consumers in March soured on the prospect of lower mortgage rates, according to one survey. Mortgage rates, one of the main inputs of housing costs, have hovered between roughly 6.6% and 7% since the start of the year, according to weekly Freddie Mac data. As of Monday morning, the 10-year Treasury yield, a benchmark for mortgage rates, was up 0.058 percentage point since last Wednesday’s close, according to Dow Jones Market Data.
