Federal Home Loan Mortgage Corporation (FMCCO)
| Previous close | 5.70 |
| Open | 5.73 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 5.70 - 5.70 |
| 52-week range | 2.11 - 6.15 |
| Volume | |
| Avg. volume | 654 |
| Market cap | 2.316B |
| Beta (5Y monthly) | 1.48 |
| PE ratio (TTM) | 83.82 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 12 June 2008 |
| 1y target est | N/A |
- Associated Press Finance
Average long-term US mortgage rate climbs for fourth straight week to highest level since November
The average long-term U.S. mortgage rate climbed this week to its highest level since late November, another setback for home shoppers in what's traditionally the housing market's busiest time of the year. The average rate on a 30-year mortgage rose to 7.17% from 7.1% last week, mortgage buyer Freddie Mac said Thursday. A year ago, it averaged 5.71%, Freddie Mac said.
- Bloomberg
Florida’s Home Insurance Industry May Be Worse Than Anyone Realizes
(Bloomberg) -- Seven property insurers in Florida went bankrupt in 2021 and 2022. The bankruptcies left thousands of homeowners scrambling to get new coverage, which often came with a big increase in cost. Worse, many had outstanding claims for hurricane damage that had not been addressed.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music
- Fortune
The outlook for home prices has changed drastically in just the past month as Fed rate cuts look more and more distant
Freddie Mac said home prices will increase 0.5% in 2024 and 2025, after saying last month they will rise 2.5% in 2024 and 2.1% 2025.
