Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.89%. ?This week, the 30-year fixed-rate mortgage rose slightly higher,? said Sam Khater, Freddie Mac?s Chief Economist.
?Freddie Mac today posted to its website its Monthly Volume Summary for April 2025, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
Federal National Mortgage Association (FNMA), aka Fannie Mae, shares were trading up 2.09% to $10.77 Wednesday afternoon following an announcement and a statement from President Donald Trump. What to Know: Shares gained Wednesday after Trump said he was working on taking the housing giants public, while clarifying that the U.S. Government would retain its implicit guarantees.
Tech stocks were mixed late Wednesday afternoon with the Technology Select Sector SPDR Fund little changed and the SPDR S&P Semiconductor ETF easing 0.1%. The Philadelphia Semiconductor index added 0.2%. In sector news, Nvidia's (NVDA) fiscal Q1 earnings are due after the bell. In corporate news, Palantir (PLTR) plans to collaborate with Fannie Mae to launch an AI-backed crime detection unit.
Tech stocks were mixed late Wednesday afternoon with the Technology Select Sector SPDR Fund little changed and the SPDR S&P Semiconductor ETF easing 0.1%. The Philadelphia Semiconductor index added 0.2%. In sector news, Nvidia's (NVDA) fiscal Q1 earnings are due after the bell. In corporate news, Palantir (PLTR) plans to collaborate with Fannie Mae to launch an AI-backed crime detection unit.
Palantir Technologies (PLTR) is collaborating with Fannie Mae to launch an artificial intelligence-powered Crime Detection Unit, Fannie Mae said Wednesday. The new platform will support the detection and prevention of mortgage fraud across the US housing market. Financial terms of the collaboration were not disclosed. Shares of Palantir (PLTR) were up 1.4% in recent trading.
President Donald Trump said Tuesday that his administration is working on taking government-sponsored mortgage agencies Fannie Mae and Freddie Mac public. "I am working on taking these amazing companies public, but I want to be clear, the US government will keep its implicit guarantees, and I will stay strong in my position on overseeing them as president," Trump said in a social media post.
The FHFA's measure of home prices fell by 0.1% in March after a revised flat reading in the previous month, below the 0.1% gain expected in a survey compiled by Bloomberg as of 7:35 am ET. Prices were still up 3.7% from a year earlier in March. Home prices rose by 0.7% in Q1 from the previous quarter and were up 4% from Q1 2024.
Shares of Fannie Mae Inc. and Freddie Mac Inc. are trading higher Thursday after President Donald Trump said he is seriously considering taking the mortgage giants public. What To Know: In a Truth Social post, Trump called the government-sponsored enterprises "very profitable" and said the timing "seems right" to privatize them.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.86%. ?Mortgage rates inched up this week but continue to remain lower than one year ago. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
Freddie Mac today announced the pricing of the Freddie Mac Seasoned Loans Structured Transaction Trust Series 2025-1, a securitization of approximately $284.2 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned residential mortgage loans.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Log In Required
Publication Date