Federal Home Loan Mortgage Corporation (FMCCT)
- GlobeNewswire
In Sharp Reversal of Recent Decline, Freddie Mac Multifamily Apartment Investment Market Index Rises in First Quarter of 2024
MCLEAN, Va., June 13, 2024 (GLOBE NEWSWIRE) -- The Freddie Mac (OTCQB: FMCC) Multifamily Apartment Investment Market Index® (AIMI®) rose by 8.7% in the first quarter of 2024 as well as over the full year, with the annual index up 8.1%. The AIMI’s quarterly rise occurred nationwide and in all 25 regional markets, signaling a sharp reversal from the decline last quarter. Over the last 12 months, AIMI increased nationwide as well as in all but one regional market. The synchronized gains quarterly a
- Associated Press Finance
Mortgage rates ease for second straight week, leaving average rate on a 30-year home loan at 6.95%
Mortgage rates eased again this week, though the latest pullback leaves the average rate on a 30-year home loan at close to 7%, where it's been much of this year. The rate fell to 6.95% from 6.99% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also eased this week, lowering the average rate to 6.17% from 6.29% last week.
- GlobeNewswire
Mortgage Rates Continue to Move Down
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 06/13/2024 MCLEAN, Va., June 13, 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 6.95 percent. “Mortgage rates continued to fall back this week as incoming data suggests the economy is cooling to a more sustainable level of growth,” said Sam Khater, Freddie Mac’s Chief Economist. “Top-line inf
