|Bid||1.15 x 500000|
|Ask||1.19 x 500000|
|Day's Range||1.16 - 1.17|
|52 Week Range||0.97 - 2.69|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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.
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 ...
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 ...
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.
Long-term U.S. mortgage rates moved little this week after a months-long stretch of increases. Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages ticked down to ...
Home prices continued to grow at a rapid pace in the first month of 2018, as a new tax law and rising mortgage rates made little dent in demand in the early weeks of the year.
As home prices rise, saving up thousands -- or even tens of thousands of dollars -- for a down payment has become an increasing challenge for many buyers. Lenders are responding.
Interest rates on U.S. 30-year fixed-rate mortgages fell for the first time since December in step with a decline in Treasury yields due to reduced expectations that domestic inflation is accelerating, Freddie Mac said on Thursday. Thirty-year mortgage rates averaged 4.44 percent in the week ended March 15, down from previous week's 4.46 percent which was the highest since January 2014. A year ago, they averaged 4.30 percent, the U.S. mortgage finance agency said.
Long-term U.S. mortgage rates climbed this week to their highest average in more than four years, ratcheting up affordability pressures at the start of the traditional spring home buying season. Mortgage ...
WASHINGTON (AP) — Long-term U.S. mortgage rates crept higher this week, marking the eighth straight week that it cost more to borrow to buy a home.
Rates for home loans rose for an 8th straight week, hitting the highest since January 2014, in the wake of testimony from the new Federal Reserve chair
The FED gets more hawkish, yields hit fresh 4-year highs and mortgage rates rise again, weighing on applications as more prospective home buyers get pushed out of the market.
U.S. 30-year mortgage rates increased for a seventh consecutive week to a near four-year peak in step with U.S. bond yields on concerns about rising inflation and further rate hikes from the Federal Reserve, Freddie Mac said on Thursday. The borrowing cost on 30-year mortgages, the most widely held type of U.S. home loan, averaged 4.40 percent in the week ended on Feb. 22, the highest level since April 2014. Last week, 30-year home loan rates had averaged 4.38 percent, the mortgage finance agency said.
The giant asset manager tells Congress that the current state of play in housing finance is efficient, fair, and protects taxpayers.
The Supreme Court declined to intervene in a fight over the government’s handling of mortgage-finance giants Fannie Mae and Freddie Mac, a setback for investors seeking gains from the firms’ return to ...
The Supreme Court on Tuesday declined to hear a suit filed by shareholders of Fannie Mae and Freddie Mac , the two mortgage finance giants taken into government conservatorship at the height of the 2008 ...
The U.S. Supreme Court on Tuesday declined to revive litigation in which shareholders accused the federal government of overstepping its authority when it restructured mortgage finance firms Fannie Mae and Freddie Mac following the 2008 housing crisis. The justices left in place a lower court's 2017 ruling that the investors, led by hedge fund Perry Capital, could not pursue legal claims accusing the government of unlawfully channeling profits from Fannie Mae and Freddie Mac to the U.S. Treasury Department. The government seized so-called government-sponsored enterprises Fannie Mae and Freddie Mac at the height of the financial crisis as they teetered on the brink of insolvency.
The U.S. Supreme Court on Tuesday declined to revive litigation in which shareholders accused the federal government of overstepping its authority when it restructured mortgage finance firms Fannie Mae ...
The U.S. Supreme Court on Tuesday refused to revive core parts of lawsuits that challenged the federal government’s capture of billions of dollars in profits generated by Fannie Mae and Freddie Mac.
Feb.20 -- The U.S. Supreme Court dealt hedge funds and other big investors a blow by refusing to revive core parts of lawsuits that challenged the federal government’s capture of billions of dollars in profits generated by Fannie Mae and Freddie Mac. Bloomberg's Joe Light reports on "What'd You Miss?"