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

Munich - Munich Delayed Price. Currency in EUR
1.20
+0.02 (+1.69%)
At close: 8:04AM CEST
Stock chart is not supported by your current browser
Previous Close1.18
Open1.20
Bid0.00 x 0
Ask0.00 x 0
Day's Range1.20 - 1.20
52 Week Range1.02 - 2.64
Volume500
Avg. Volume289
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 Videos23 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.

  • Too Big to Fix: Fannie and Freddie Are Still a Mess
    Bloomberg17 hours 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.

  • Reuters5 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 Press5 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.

  • Reuters5 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
    Bloomberg6 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.

  • MarketWatch13 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 Press20 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.

  • Reuters20 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 Journal20 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.

  • Reuters22 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.

  • Benzinga22 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.

  • Associated Press2 months ago

    Long-term US mortgage rates move little; 30-year at 4.44 pct

    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 ...

  • The Wall Street Journal2 months ago

    [$$] Home Prices Continued to Rise in January

    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.

  • TheStreet.com2 months ago

    No-Money-Down Mortgages Are Making a Comeback

    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.

  • Reuters2 months ago

    U.S. 30-year mortgage rates fall first time since Dec - Freddie Mac

    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.

  • TheStreet.com2 months ago

    Rule Changes at Fannie Mae, Freddie Could Add $400 to Monthly Mortgage Payments

    Congress is exploring changes to Fannie Mae and Freddie Mac to reduce risk to taxpayers.

  • US mortgage rates climb to 4-year high
    Associated Press2 months ago

    US mortgage rates climb to 4-year high

    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 ...