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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Federal Home Loan Mortgage Corporation (QB) | USOTC:FMCC | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.06 | -4.05% | 1.42 | 1.41 | 1.46 | 1.50 | 1.40 | 1.49 | 1,287,859 | 21:00:10 |
Average fixed mortgage rates in the U.S. edged up in the latest week, but remained below 4%, according to mortgage-finance company Freddie Mac (FMCC).
Freddie Mac Chief Economist Frank Nothaft stated Thursday that the higher rates followed a U.S. jobs report showing nonfarm payrolls adding more new jobs than expected for November, while the unemployment rate held steady at 5.8%.
For the week ended Thursday, the 30-year fixed-rate mortgage averaged 3.93%, compared with 3.89% a week earlier and 4.42% a year earlier. Rates on 15-year fixed-rate mortgages averaged 3.2%, compared with 3.1% the previous week and 3.43% a year earlier.
Five-year Treasury-indexed hybrid adjustable-rate mortgages, or ARMs, on average, were at 2.98%, compared with 2.94% the previous week and a year earlier. One-year Treasury-indexed ARM rates on average were 2.4%, from 2.41% the previous week and 2.51% a year earlier.
Write to Tess Stynes at tess.stynes@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Federal Home Loan Mortgage (QB) Chart |
1 Month Federal Home Loan Mortgage (QB) Chart |
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