Federal Home Loan Mortgage Corporation PFD 5.30% (FREJP)
| Previous Close | 5.91 |
| Open | 6.18 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 6.18 - 6.18 |
| 52 Week Range | 2.16 - 6.39 |
| Volume | |
| Avg. Volume | 53 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| 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
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.
- Yahoo Finance
There's a clear winner in today’s housing market. Hint: it's not the buyer.
A fistful of housing data this week essentially declared who is winning in the current housing market. It’s certainly not homebuyers, who are picking through too-few choices to buy at still-high prices and elevated mortgage rates. It’s not sellers, many of whom are not even in the game. The winners: The homebuilders.
