Mortgage Rates Continue to Drop
Portfolio Pulse from
Freddie Mac's latest survey indicates a drop in the 30-year fixed-rate mortgage to an average of 6.60%.
December 12, 2024 | 5:15 pm
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POSITIVE IMPACT
Freddie Mac's survey shows a decrease in the 30-year fixed-rate mortgage to 6.60%, which could influence housing market dynamics.
The decrease in mortgage rates as reported by Freddie Mac could stimulate housing market activity, potentially benefiting FMCC's business operations and positively impacting its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100