|Bid||0.0000 x N/A|
|Ask||0.0000 x N/A|
|Day's range||0.0000 - 0.0000|
|Beta (5Y monthly)||2.02|
|PE ratio (TTM)||0.06|
|Earnings date||26 Jul 2023 - 31 Jul 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
(Bloomberg) -- US mortgage rates increased for a third straight week, reaching the highest level since November.Most Read from BloombergChina Is Drilling a 10,000-Meter-Deep Hole Into the EarthInside the Making of Redfall, Xbox’s Latest MisfireWall Street Banks Are Using AI to Rewire the World of FinanceBillionaire Perot Warns of Real Estate Recession as Loans Dry UpApple Plans Major Retail Push With New Stores Across China, USThe average for a 30-year, fixed loan climbed to 6.79%, up from 6.57%
(Bloomberg) -- Mortgage rates in the US increased for the first time this month.Most Read from BloombergDisney Drops Plan to Move Workers to Florida, Closes HotelWall Street Fears $1 Trillion Aftershock From Debt DealSingapore Air Hands Staff Eight Months’ Salary Bonus After Record ResultsHere’s How Much Wealth You Need to Join the Richest 1% GloballyNYC Skyscrapers Sit Vacant, Exposing Risk City Never PredictedThe average for a 30-year, fixed loan was 6.39%, up from 6.35% last week, Freddie Mac
(Bloomberg) -- Mortgage rates in the US declined for a second-straight week.Most Read from BloombergElon Musk Says He’s Stepping Down as Twitter’s CEOKen Griffin’s Hand-Picked Math Prodigy Runs Market-Making EmpireJamie Dimon Says US Needs to 'Finish' the Bank CrisisFlorida’s Money Man Threatens to Cut Ties With Bank of America, Wells FargoTurkey Markets Rally as Candidate Withdraws Days Before VoteThe average for a 30-year, fixed loan was 6.35%, down from 6.39% last week, Freddie Mac said in a
During the COVID-19 pandemic, mortgage rates repeatedly hit record lows. In fact, according to Freddie Mac, the weekly average mortgage rate was 2.65% for a 30-year fixed-rate mortgage during the week ending Jan. 7, 2021. This is lower than rates have ever been since Freddie Mac began its reporting.
Demand is “thawing from the months-long freeze,” but high prices are keeping some buyers in hibernation.
The federally controlled mortgage giants got a boost from improving homebuilder sentiment – albeit off a low base.
(Reuters) -The U.S. Supreme Court on Monday declined to again hear a multi-billion dollar case pursued by shareholders of Fannie Mae and Freddie Mac arising from the federal government's takeover of the mortgage finance firms during the 2008 financial crisis. The justices turned away an appeal by the investors of a lower court's ruling against their challenge to a 2012 agreement that resulted in hundreds of billions of dollars being redirected from Fannie Mae and Freddie Mac to the U.S. Treasury. The shareholders had argued that this arrangement unlawfully deprived them of dividends without compensation.
Buyers may soon be able to snatch an opportunity.
Homebuilder confidence is also at a decade low.
Spooked by rising rates and economic uncertainty, only 16% say now is a good time to buy a home.
Nationwide, the typical mortgage payment is up by $558 — about 40% — since the start of the year.
Buyers willing to brave the current market are turning to adjustable-rate mortgages in order to keep costs under control.
Rates near 7% are a tough ‘mental hurdle’ for homebuyers to overcome, one economist says.
With rates perilously close to 7%, Americans who waited just a few weeks to buy are now spending more than $200 extra every month.
Mortgage rates are the highest they've been since 2007 and have ripple effects across the housing market.
The typical homebuyer today will pay $250 more per month than someone who bought just a few weeks ago.
Today’s tougher environment isn’t unusual and could be just the ‘remedy’ the doctor ordered.
Buyers may have the advantage in negotiations, but many first-timers are ‘literally locked out.’
Even so, borrowers who make the right moves can save an average of $3,000.
There is a “silver lining,” as typical homes sell under asking for the first time since March 2021.
Meanwhile, savvy buyers will find ‘certain opportunities’ that haven’t been available for years, says one real estate expert.
Here, we examine which neighborhoods are hit hardest by what appears to be racial bias. Last September, Freddie Mac released a comprehensive study of the U.S. home appraisal industry. During the same month that Freddie Mac released its study, the White House announced that home prices had increased nationwide by 18.6% in 12 months.
Yahoo Finance's Brian Cheung and Dave Briggs discuss the dip in mortgage rates and housing affordability.
(Bloomberg) -- The UK could be on the brink of a housing revolution to rival Margaret Thatcher’s council house sell-off in the 1980s. It may prove just as divisive.Most Read from BloombergChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysHow a Celebrity CEO’s Rule of Fear Helped Bring Down Hot Startup ZilingoSneakerhead Accused of Running Huge Air Jordan Ponzi SchemePlans by the ruling Conservative Party, including possible 40-year fixed-rate mortgages, are the latest part of the “pro
By Scott Kanowsky