Previous Close | 1.1800 |
Open | 1.1700 |
Bid | 1.1900 x 40000 |
Ask | 1.2000 x 40000 |
Day's Range | 1.1700 - 1.2200 |
52 Week Range | 0.5200 - 1.7500 |
Volume | |
Avg. Volume | 1,841,148 |
Market Cap | 786.573M |
Beta (5Y Monthly) | 1.67 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.0400 |
Earnings Date | Oct 30, 2024 - Nov 04, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Jun 12, 2008 |
1y Target Est | 1.63 |
The 30-year fixed-rate mortgage averaged 6.46% during the week ending Aug. 22, down from 6.49% in the prior week, mortgage finance agency Freddie Mac said on Thursday. A softening tone to incoming economic data implies that rates will continue to ease through the end of the year, Sam Khater, Freddie Mac's chief economist, said in a statement. Earlier on Thursday the National Association of Realtors said existing home sales rose 1.3% in July, ending a four-month decline.
Mortage rates declined slightly this week but the average rate on a 30-year fixed mortgage remains around the mid-6% range, as many would-be buyers hold out for a further drop.
The average rate on a 30-year mortgage eased this week to its lowest level in 15 months, welcome relief for home shoppers navigating a housing market that remains out of reach for many Americans. The rate fell to 6.46% from 6.49% last week, mortgage buyer Freddie Mac said Thursday. Borrowing costs on 15-year fixed-rate mortgages also fell this week, good news for homeowners seeking to refinance their home loan at a lower rate.