Mortgage Rates Tick Up
Portfolio Pulse from
Freddie Mac's latest Primary Mortgage Market Survey reveals that the 30-year fixed-rate mortgage has increased to an average of 6.84%.
November 21, 2024 | 5:15 pm
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NEUTRAL IMPACT
Freddie Mac's report indicates an increase in the 30-year fixed-rate mortgage to 6.84%, which could impact housing market dynamics and Freddie Mac's financial performance.
The increase in mortgage rates could affect Freddie Mac's business as it may influence housing market activity. However, the direct impact on FMCC's stock price is uncertain as it depends on broader market reactions and economic conditions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80