OTC Markets OTCQB - Delayed Quote USD

Federal Home Loan Mortgage Corporation (FMCCO)

17.22

+0.71

(+4.30%)

At close: December 20 at 12:01:05 PM EST

The US housing market has had a tough year. Here’s what could save it

America’s housing market is finishing a year of high prices, sluggish sales and elevated mortgage rates. But there are factors that could give it a boost next year.

CNN Business 2 days ago

FMCC
US mortgage rates rise after three straight weekly declines

U.S. mortgage rates increased this week following three straight weekly declines and could rise further after the Federal Reserve projected fewer interest rate cuts in 2025, boosting the yield on the 10-year Treasury note. The average rate on the popular 30-year fixed-rate mortgage rose to 6.72% after falling to 6.60% last week, which was the lowest level since the week ending Oct. 24, mortgage finance agency Freddie Mac said on Thursday. "This week, mortgage rates crept up to a similar average as this time in 2023," said Sam Khater, Freddie Mac chief economist.

Reuters 3 days ago

^TNX

FMCC
Mortgage rates rise, hitting demand

Mortgage rates rose this week with the average 30-year fixed-rate note climbing to 6.72%, dinging demand as overall mortgage applications decreased due to a drop in refinances.

Fox Business 3 days ago

FMCC
Average rate on 30-year mortgage snaps 3-week slide and rises to highest level since late November

The average rate on a 30-year mortgage in the U.S. rose this week to its highest level since late November, reflecting a recent uptick in the bond yields that lenders use as a guide to price home loans. The rate rose to 6.72% from 6.6% last week, mortgage buyer Freddie Mac said Thursday. The rate is now higher than it was a year ago, when it averaged 6.67%.

Associated Press Finance 3 days ago

FMCC
Heading into the Holidays, Mortgage Rates Increase

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 12/19/2024 MCLEAN, Va., Dec. 19, 2024 (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 6.72 percent. “This week, mortgage rates crept up to a similar average as this time in 2023,” said Sam Khater, Freddie Mac’s Chief Economist. “For the most part, mortgage rates have moved between 6 and 7 percent o

GlobeNewswire 3 days ago

FMCC

FMCCH
0.00%
FMCCK
+1.83%
Mortgage Rates Climb for First Time in a Month, Landing at 6.72%

(Bloomberg) -- Mortgage rates in the US rose for the first time in four weeks.Most Read from BloombergNew York City’s Historic Preservation Movement Is Having a Midlife CrisisNYPD Car Chases Are Becoming More Frequent — and More DangerousDakar’s Air Quality Plummets as Saharan Dust Descends on SenegalThe average for a 30-year fixed loan was 6.72%, up from 6.6% last week, Freddie Mac said in a statement Thursday.The Federal Reserve on Wednesday cut its benchmark rate for the third time since mid-

Bloomberg 3 days ago

FMCC
Freddie Mac Multifamily Apartment Investment Market Index Continues Rise in Third Quarter of 2024, Increasing Nationwide and in all Markets

MCLEAN, Va., Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) rose nationwide by 5.3% quarter-over-quarter and 9.2% year-over-year, according to new data released today, continuing an upward trend. Compared to the second quarter of 2024, when AIMI rose nationally but performance across metro areas was mixed, in the third quarter, AIMI rose in all markets nationwide, both on a quarter-over-quarter and year-over-year basis. “AIM

GlobeNewswire 3 days ago

FMCC

FMCCH
0.00%
FMCCK
+1.83%
Silver Tsunami Likely to Bring Wave of Wealth to Children of Baby Boomer Homeowners

New research indicates Boomers hold $17 trillion of country’s total home equityMCLEAN, Va., Dec. 19, 2024 (GLOBE NEWSWIRE) -- Three quarters of homeowners born before 1964 are likely to leave much of their $17 trillion in home equity to their children, according to Freddie Mac’s (OTCQB: FMCC) latest analysis of the housing perceptions, preferences and plans of Baby Boomers. Freddie Mac’s new, comprehensive survey of respondents 60 or older also highlights that the majority of Boomers who own a h

GlobeNewswire 3 days ago

FMCC

FMCCH
0.00%
FMCCK
+1.83%
US 30-year fixed-rate mortgage falls to 6.60%

U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months. The average rate on the popular 30-year fixed-rate mortgage fell to 6.60%, the lowest level since the week ending Oct. 24, from 6.69% last week, mortgage finance agency Freddie Mac said on Thursday. "The combination of mortgage rate declines, firm consumer income growth and a bullish stock market have increased homebuyer demand in recent weeks," said Sam Khater, Freddie Mac chief economist.

Reuters 10 days ago

FMCC
Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome trend for prospective homebuyers during what's typically a less competitive time of the year for the housing market. The rate dropped to 6.6% from 6.69% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 6.38%, Freddie Mac said.

Associated Press Finance 10 days ago

FMCC
Mortgage Rates Continue to Drop

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 12/12/2024 MCLEAN, Va., Dec. 12, 2024 (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 6.60 percent. “The 30-year fixed-rate mortgage decreased for the third consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “The combination of mortgage rate declines, firm consumer income growth and

GlobeNewswire 10 days ago

FMCC

FMCCH
0.00%
FMCCK
+1.83%
Trump says he’ll ‘make housing affordable again.’ Here’s how to ease the crisis.

America needs more new homes — and more renovated homes. House ‘flippers’ are key.

MarketWatch 13 days ago

FNMA

FMCC
Mortgage rates fall for second straight week, lowest since October

Mortgage rates declined for the second week in a row, lifting demand in the stagnant housing market as the affordability crisis continues to create headwinds.

Fox Business 17 days ago

FMCC
Average rate on a 30-year mortgage in the US falls to 6.69%

The rate dropped to 6.69% from 6.81% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, also eased this week. A year ago, it averaged 6.29%, Freddie Mac said.

Associated Press Finance 17 days ago

FMCC
The average rate on a 30-year mortgage fell to 6.69% this week, Freddie Mac says, its lowest level since late October

The average rate on a 30-year mortgage fell to 6.69% this week, Freddie Mac says, its lowest level since October.

Associated Press Finance 17 days ago

FMCC
US Mortgage Rates Fall to Lowest Since October, Hitting 6.69%

(Bloomberg) -- Mortgage rates in the US fell for a second straight week.Most Read from BloombergKansas City Looks Back on its Long, Costly Ride With MicrotransitNYC’s Run-Down Bus Terminal Gets Approval for $10 Billion RevampAs Wars Rage, Cities Face a Dark New Era of Urban DestructionRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsThe average for a 30-year fixed loan was 6.69%, the lowest since Oct. 24 and down from 6.81% last week, Freddie Mac said in a statement Thursday. Borro

Bloomberg 17 days ago

FMCC
Mortgage Rates Continue to Decrease

Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 12/05/2024 MCLEAN, Va., Dec. 05, 2024 (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 6.69 percent. “This week, mortgage rates decreased to their lowest level in over a month,” said Sam Khater, Freddie Mac’s Chief Economist. “Despite just a modest drop in rates, consumers clearly have responded as

GlobeNewswire 17 days ago

FMCC

FMCCH
0.00%
FMCCK
+1.83%
Freddie Mac Study Finds Cost Barriers May Prevent Usage of Housing Choice Vouchers

MCLEAN, Va., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today published the results of an analysis that examined challenges facing low-income renters as they seek to use Housing Choice Vouchers (HCVs). The report examined challenges to voucher usage, including the role of affordability and the efficacy of HCV usage based on geography. Although there are significant variations by market, voucher use in high opportunity areas remains limited when compared with areas of

GlobeNewswire 18 days ago

FMCC

FMCCH
0.00%
FMCCK
+1.83%
A New Housing Clash Is Coming Involving Two National Mortgage Giants And It Could Push Mortgage Costs To Even More Unaffordable Levels

The Trump administration's latest push to end government conservatorship of Fannie Mae and Freddie Mac has the housing world abuzz – and for good reason. According to the National Association of Realtors, these government-sponsored enterprises (GSEs) guarantee about 70% of U.S. mortgages. Any alterations to their structure could send shock waves through the housing market, impacting everything from mortgage rates to affordability. Don't Miss: This Jeff Bezos-backed startup will allow you to beco

Benzinga 20 days ago

FMCC

FNMA
Jim Cramer Says That Fannie Mae and Federal Home Loan Mortgage Corporation (FMCC)’Have Seen Their Stocks More Than Double On Hopes That Trump Will Recapitalize And Release These Companies’

We recently published an article titled Jim Cramer Thinks These 13 Stocks Will Benefit From the New Administration. In this article, we are going to take a look at where Federal Home Loan Mortgage Corporation (OTCQB:FMCC) stands against the stocks that will benefit from the new administration according to Jim Cramer. Jim Cramer, the host of […]

Insider Monkey 21 days ago

FMCC

FNMA

Performance Overview

Return	FMCCO	S&P 500
YTD	+306.13%	+24.34%
1-Year	+400.58%	+24.38%
3-Year	+312.95%	+28.36%

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

Federal Home Loan Mortgage Corporation (FMCCO)

The US housing market has had a tough year. Here’s what could save it

US mortgage rates rise after three straight weekly declines

Mortgage rates rise, hitting demand

Average rate on 30-year mortgage snaps 3-week slide and rises to highest level since late November

Heading into the Holidays, Mortgage Rates Increase

Mortgage Rates Climb for First Time in a Month, Landing at 6.72%

Freddie Mac Multifamily Apartment Investment Market Index Continues Rise in Third Quarter of 2024, Increasing Nationwide and in all Markets

Silver Tsunami Likely to Bring Wave of Wealth to Children of Baby Boomer Homeowners

US 30-year fixed-rate mortgage falls to 6.60%

Average rate on 30-year mortgage hits 6.6%, its third straight weekly decline

Mortgage Rates Continue to Drop

Trump says he’ll ‘make housing affordable again.’ Here’s how to ease the crisis.

Mortgage rates fall for second straight week, lowest since October

Average rate on a 30-year mortgage in the US falls to 6.69%

The average rate on a 30-year mortgage fell to 6.69% this week, Freddie Mac says, its lowest level since late October

US Mortgage Rates Fall to Lowest Since October, Hitting 6.69%

Mortgage Rates Continue to Decrease

Freddie Mac Study Finds Cost Barriers May Prevent Usage of Housing Choice Vouchers

A New Housing Clash Is Coming Involving Two National Mortgage Giants And It Could Push Mortgage Costs To Even More Unaffordable Levels

Jim Cramer Says That Fannie Mae and Federal Home Loan Mortgage Corporation (FMCC)’Have Seen Their Stocks More Than Double On Hopes That Trump Will Recapitalize And Release These Companies’

Performance Overview