FHL.BE - FED. HOME LN MTGE O.N.

Berlin - Berlin Delayed Price. Currency in EUR
1.34
+0.09 (+7.20%)
At close: 8:08AM CEST
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Previous Close1.25
Open1.34
Bid1.38 x 0
Ask1.41 x 0
Day's Range1.34 - 1.34
52 Week Range0.95 - 2.73
Volume2,060
Avg. Volume493
Market CapN/A
BetaN/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • Mnuchin on the future of Fannie Mae and Freddie Mac
    Fox Business Videos26 days ago

    Mnuchin on the future of Fannie Mae and Freddie Mac

    Treasury Secretary Steven Mnuchin on the future of Fannie Mae and Freddie Mac and the state of the U.S. housing market.

  • MarketWatch14 hours ago

    Mortgage rates march to fresh 7-year high

    Rates for home loans roared higher as investors sold bonds, setting up a fresh test for the strained housing market.

  • The Wall Street Journal23 hours ago

    [$$] U.S. Existing Home Sales Fell in April

    WASHINGTON—Sales of previously owned U.S. homes declined in April, as inventory shortages and rising prices weigh on the market and higher mortgage rates begin to pose a threat to demand for the first time in years. Existing-home sales fell 2.5% in April from the prior month to a seasonally adjusted annual rate of 5.46 million, the National Association of Realtors said Thursday. Thus far the critical spring selling season—when some 40% of U.S. home sales occur each year—is off to a slow start despite a robust economy.

  • Reutersyesterday

    U.S. 30-year mortgage rates post 7-year high -Freddie Mac

    Interest rates on U.S. 30-year fixed-rate mortgages recorded seven-year highs even as Treasury yields have retreated from multi-year peaks due to worries about U.S.-China trade tension and concerns about Italy and Turkey, Freddie Mac said on Thursday. The jump in mortgage rates this year may exacerbate the tightness in home inventories as some homeowners may decide not to sell their properties, Freddie Mac's chief economist Sam Khater said. Thirty-year mortgage rates averaged 4.66 percent in the week ended May 24, the highest since the week of May 5, 2011.

  • US average mortgage rates at 7-year highs; 30-year 4.66 pct.
    Associated Pressyesterday

    US average mortgage rates at 7-year highs; 30-year 4.66 pct.

    Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years amid the peak home buying season. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate ...

  • Fannie-Freddie Overhaul Plan Is Dead for This Year, Senators Say
    Bloomberg2 days ago

    Fannie-Freddie Overhaul Plan Is Dead for This Year, Senators Say

    Two U.S. senators who have played key roles in trying to advance housing-finance reform are acknowledging the legislative efforts to end government control of Fannie Mae and Freddie Mac are dead, at least for now. Republican Bob Corker of Tennessee and Democrat Mark Warner of Virginia commented on the status of the two companies Wednesday at a Senate Banking Committee hearing with Federal Housing Finance Agency Director Mel Watt. Corker and Warner tried to develop a bill that would have largely preserved the operations of Fannie and Freddie while opening the market to new competition.

  • Too Big to Fix: Fannie and Freddie Are Still a Mess
    Bloomberg4 days ago

    Too Big to Fix: Fannie and Freddie Are Still a Mess

    Will anyone ever fix Fannie Mae and Freddie Mac? When the two mortgage giants were taken under federal control a decade ago -- the same year Donald Trump kicked off the first season of Celebrity Apprentice -- regulators saw the move as a short timeout. Last month, Trump’s administration effectively acknowledged that it’s no closer to figuring out what to do with Fannie and Freddie.

  • Reuters8 days ago

    Ackman says Pershing Square Holdings up 0.1 percent this year

    Two days after billionaire investor William Ackman told clients that he was making money across all his funds again, he said on Thursday that his publicly traded Pershing Square Holdings Ltd portfolio was barely in the black so far this year. The portfolio (PSH) gained 9.4 percent in the second quarter through May 15 after having lost 8.6 percent in the first quarter, Ackman wrote in a letter to investors. "While 45 days is much too short a period to judge investment performance for a long-term strategy, we believe recent progress is reflective of actual business progress at PSH, and at our portfolio companies during this period," Ackman wrote in the letter seen by Reuters.

  • US average mortgage rates at 7-year highs; 30-year 4.61 pct.
    Associated Press8 days ago

    US average mortgage rates at 7-year highs; 30-year 4.61 pct.

    Long-term U.S. mortgage rates jumped this week, marking their highest levels in seven years amid the peak home buying season. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages was 4.61 percent, up from 4.55 percent last week. The new average rate was the highest since May 19, 2011.

  • Reuters8 days ago

    U.S. 30-year mortgage rates hit 7-year peak -Freddie Mac

    Interest rates on U.S. 30-year fixed-rate mortgages rose to the highest in seven years as a bond market selloff this week propelled 10-year yields to the highest since July 2011, Freddie Mac said on Thursday. Higher borrowing costs have not yet caused a meaningful squeeze on the housing market, as underlying demand remains solid, Freddie Mac chief economist Sam Khater said. “While this year’s higher mortgage rates have not caused much of a ripple in the strong demand levels for buying a home seen in most markets, inflationary pressures and the prospect of rates approaching 5 percent could begin to hit the psyche of some prospective buyers,” he said in statement.

  • Surging Mortgage Rates Set Off Scramble to Buy Homes
    Bloomberg9 days ago

    Surging Mortgage Rates Set Off Scramble to Buy Homes

    U.S. homebuyers, already contending with escalating prices, now are getting hit with the most-expensive mortgage rates in seven years. The average rate for a 30-year fixed mortgage jumped to 4.61 percent, up from 4.55 percent last week and the highest since May 2011, Freddie Mac said in a statement Thursday. “This is what happens when the economy is strong,” Sam Khater, Freddie Mac’s chief economist, said in a phone interview.

  • MarketWatch16 days ago

    Mortgage rates hold near 2018 highs in a ‘nirvana’ moment for housing, Freddie Mac says

    Rates for home loans were little-changed in the most recent week, as the U.S. economy remains strong and demand for housing even stronger. The 30-year fixed-rate mortgage averaged 4.55% during the May 10 week, the same as in the prior week according to Freddie Mac’s survey, released Thursday. Mortgage rates typically follow the path of the 10-year U.S. Treasury note(XTUP:TMUBMUSD10Y=X) , which was also little changed during the week.

  • US key mortgage rate declines slightly to 4.55 percent
    Associated Press22 days ago

    US key mortgage rate declines slightly to 4.55 percent

    WASHINGTON (AP) — The key long-term U.S. mortgage rate declined slightly this week, after a steady rise for most of April that pushed the rate to its highest level in more than four years.

  • Reuters23 days ago

    Fannie Mae 1st-qtr profit rises, to pay $938 mln dividend to Treasury

    Fannie Mae said on Thursday its net income rose to $4.26 billion in the first quarter from $2.77 billion a year ago as a result of a hefty gain on its derivatives. The No. 1 U.S. mortgage financing company swung back from a net loss of $6.53 billion in the fourth quarter due to a $9.9 billion writedown of its deferred tax assets tied to the sweeping federal tax overhaul enacted last December. "Our solid first quarter performance reflects the strength of our underlying business, the benefits of our business model, and our focus on customers," Fannie Mae President and Chief Executive Officer Timothy Mayopoulos said in a statement.

  • The Wall Street Journal22 days ago

    [$$] Freddie Mac Offers Cheap Loans to Affordable-Housing Landlords

    Freddie Mac, the country’s largest backer of apartment loans, will offer low-cost loans to real-estate owners willing to keep their buildings affordable to middle-class families for years to come. There’s an urgent need to preserve what’s there and find ways that you can effectively create more,” said David Brickman, an executive vice president at Freddie Mac and head of its multifamily division. The initiative will offer lower interest rates to landlords who agree to rent the majority of units in a building at levels affordable to tenants making 80% or less of the area’s median income, a range that typically includes nurses, teachers and police officers.

  • The Wall Street Journal23 days ago

    Freddie Mac Offers Cheap Loans to Affordable-Housing Landlords

    Freddie Mac, the country’s largest backer of apartment loans, will offer low-cost loans to real-estate owners willing to keep their buildings affordable to middle-class families for years to come. There’s an urgent need to preserve what’s there and find ways that you can effectively create more,” said David Brickman, an executive vice president at Freddie Mac and head of its multifamily division. The initiative will offer lower interest rates to landlords who agree to rent the majority of units in a building at levels affordable to tenants making 80% or less of the area’s median income, a range that typically includes nurses, teachers and police officers.

  • Thomson Reuters StreetEvents23 days ago

    Edited Transcript of FMCC earnings conference call or presentation 1-May-18 1:00pm GMT

    Q1 2018 Federal Home Loan Mortgage Corp Earnings Call

  • Reuters24 days ago

    Freddie Mac income rises on derivative gains, apartments growth

    Freddie Mac, the No. 2 U.S. mortgage finance company, said net income in the first quarter grew to $2.93 billion from $2.21 billion a year ago due to gains on its derivatives and growth in its apartments business. The mortgage agency rebounded from results in the fourth quarter, when it recorded a $5.4 billion writedown of its net deferred tax assets stemming from the massive U.S. tax overhaul. The McLean, Virginia-based company said it will not make a dividend payment to the U.S. Treasury in an effort to build a $3 billion capital cushion as a result of the most dramatic rewrite of the U.S. tax code in 30 years.

  • Benzinga25 days ago

    Analyst Now Sees Less Than 10% Chance Congress Tackles Fannie, Freddie Reform This Year

    In the weeks following President Trump’s election in 2016, Federal National Mortgage Association (OTC: FNMA) and Federal Home Loan Mortgage Corp (OTC: FMCC) stocks skyrocketed on the hopes that a long-awaited resolution to the government-sponsored enterprises’ situation might finally be just around the corner. Height Capital Markets analyst Ed Groshans on Monday said investors shouldn’t expect that resolution by the end of 2018. Senate Banking Committee chair Mike Crapo has insisted housing finance reform is a high priority, but Crapo also recently conceded there's simply not enough time remaining to tackle the issue in the current session of Congress.

  • MarketWatchlast month

    Fed’s Quarles: 30-year fixed-rate mortgage ‘probably’ doesn’t need government backstop

    The 30-year fixed-rate mortgage could probably survive without a government guarantee, a senior Federal Reserve official said as Congress contemplates yet another round of housing finance reform. At a Senate Banking Committee hearing, Fed Vice Chairman for Supervision Randal Quarles was asked by Sen. Heidi Heitkamp, Democrat for North Dakota, whether a government guarantee was “essential” for “retaining” the 30-year mortgage instruments.

  • Reuterslast month

    U.S. 30-year mortgage rates hit 4-year high - Freddie Mac

    Interest rates on U.S. 30-year fixed-rate mortgages rose to their highest levels in more than four years in step with a jump in bond yields, Freddie Mac said on Thursday. Thirty-year mortgage rates averaged ...

  • US long-term mortgage rates flat to higher; 30-year 4.42 pct
    Associated Presslast month

    US long-term mortgage rates flat to higher; 30-year 4.42 pct

    Long-term U.S. mortgage rates were flat to slightly higher this week with the spring home buying season well underway. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages ...

  • The Wall Street Journallast month

    [$$] Rising Home Prices Push Borrowers Deeper Into Debt

    More Americans are stretching to buy homes, the latest sign that rising prices are making homeownership more difficult for a broad swath of potential buyers.