Previous close | 1.4290 |
Open | 1.4400 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 1.4200 - 1.4900 |
52-week range | 0.4200 - 1.9900 |
Volume | |
Avg. volume | 4,450,625 |
Market cap | 1.691B |
Beta (5Y monthly) | 1.37 |
PE ratio (TTM) | ∞ |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 14 Aug 2008 |
1y target est | N/A |
(Bloomberg) -- Fannie Mae is selling agency mortgage backed securities designed to appeal to socially minded investors, as the mortgage giant looks to draw more buyers into the market to help fill a void left by the Federal Reserve stopping purchases.Most Read from BloombergUS Yields Spike as Hawkish Powell Puts 5% in Play: Markets WrapDubai Grinds to Standstill as Cloud Seeding Worsens FloodingChina Tells Iran Cooperation Will Last After Attack on IsraelBeyond the Ivies: Surprise Winners in the
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.
“Did my parents dream of having a home? Was that home what changed the trajectory of our life? Absolutely,” said Fannie Mae CEO Priscilla Almodovar.