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Federal Home Loan Mortgage Corp - FMCC STOCK NEWS

Welcome to our dedicated news page for Federal Home Loan Mortgage (Ticker: FMCC), a resource for investors and traders seeking the latest updates and insights on Federal Home Loan Mortgage.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Federal Home Loan Mortgage's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Federal Home Loan Mortgage's position in the market.

News
Freddie Mac Issues Monthly Volume Summary for November 2023
Rhea-AI Summary
Freddie Mac (FMCC) Monthly Volume Summary for November 2023 Released
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.35%
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News
Mortgage Rates Continue Their Fall Below Seven Percent
Rhea-AI Summary
Freddie Mac (FMCC) reports 30-year fixed-rate mortgage at 6.67%, down from 6.95% last week, bringing potential home buyers back into the market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.03%
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News
Freddie Mac Multifamily’s 2024 Outlook Forecasts Tempered Growth, Increased Volume for Year Ahead
Rhea-AI Summary
Freddie Mac (FMCC) released its 2024 Multifamily Outlook, projecting positive growth despite short-term headwinds such as high supply and moderating economic growth. The long-term forecast for the asset class remains positive, with an expected gross income growth of 2.1% for the year. The multifamily demand is expected to remain positive but weaker compared with pre-pandemic rates, and the forecasted vacancy rate for 2024 is 5.7%, 40 basis points higher than the 2000 to 2022 average.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.13%
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none
News
Freddie Mac Multifamily Apartment Investment Market Index Ticks Down in Third Quarter of 2023, Posts Slight Annual Increase
Rhea-AI Summary
Freddie Mac (FMCC) Multifamily Apartment Investment Market Index fell to 107.1 in the third quarter of 2023, primarily due to higher interest rates. Over the past 12 months, the index is up 0.3%, with only five of the 25 tracked markets experiencing growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
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News
Mortgage Rates Drop Below Seven Percent
Rhea-AI Summary
Freddie Mac (FMCC) reports 30-year fixed-rate mortgage (FRM) averaging 6.95 percent, down from 7.03 percent last week. 15-year FRM at 6.38 percent, up from 6.29 percent.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
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News
Nearing Seven Percent, Mortgage Rates Continue to Decrease
Rhea-AI Summary
Freddie Mac (FMCC) reports 30-year fixed-rate mortgage (FRM) averaged 7.03 percent, down from 7.22 percent last week and up from 6.33 percent a year ago. The 15-year FRM averaged 6.29 percent, down from 6.56 percent last week and up from 5.67 percent a year ago. Freddie Mac aims to make home ownership possible for families, promoting liquidity, stability, affordability, and equity in the housing market since 1970.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
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none
News
Freddie Mac Announces Action to Make Down Payment Assistance Programs More Accessible for Individuals and Families Across the Nation
Rhea-AI Summary
Freddie Mac (FMCC) introduces standardized mortgage documents to remove barriers to down payment assistance programs, aiming to increase clarity and accessibility for homebuyers. The initiative seeks to eliminate confusion and misinterpretation of DPA programs, historically hindered by varying forms. Single-Family Senior Vice President Danny Gardner emphasizes the importance of standardization in increasing efficiency, lowering costs, and improving the mortgage industry. The initiative is expected to bring efficiency to the loan manufacturing process, creating time and cost-saving opportunities across the industry, ultimately enabling more lenders to help more individuals and families leverage down payment assistance programs nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.52%
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News
Mortgage Rates Drop for the Fifth Consecutive Week
Rhea-AI Summary
Freddie Mac (FMCC) reports a decline in mortgage rates, with the 30-year fixed-rate mortgage averaging 7.22 percent, down from last week's 7.29 percent and significantly higher than the 6.49 percent from a year ago. The 15-year FRM also decreased to 6.56 percent from 6.67 percent last week and 5.76 percent a year ago. The company aims to make home ownership possible for families, promoting liquidity, stability, affordability, and equity in the housing market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Freddie Mac Earns Perfect Score on Human Rights Campaign 2023-2024 Corporate Equality Index
Rhea-AI Summary
Freddie Mac (FMCC) earns 100% on the 2023-2024 Corporate Equality Index (CEI) by the Human Rights Campaign (HRC), showcasing its commitment to LGBTQ+ inclusion. The company has been designated as a Best Place to Work for LGBTQ+ Equality, receiving the Equality 100 Award. Freddie Mac's efforts include inclusive employee benefits, antidiscrimination policies, and promoting inclusion within the housing industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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News
Mortgage Rates Continue to Slide Down
Rhea-AI Summary
Freddie Mac (FMCC) reports a decrease in 30-year fixed-rate mortgage (FRM) to 7.29 percent, down from 7.44 percent last week and 6.58 percent a year ago. The 15-year FRM also decreased to 6.67 percent from 6.76 percent last week and 5.9 percent a year ago. Existing home sales have fallen to a thirteen-year low, reflecting potential homebuyers holding out for lower rates and more inventory.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
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Federal Home Loan Mortgage Corp

OTC:FMCC

FMCC Rankings

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FMCC Stock Data

946.81M
650.07M
0%
0.25%
7.96%
Savings Institutions
Finance and Insurance
Link
United States
Wilmington

About FMCC

freddie mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. since our creation by congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. we are building a better housing finance system for homebuyers, renters, lenders and taxpayers.