Fannie Mae Stock News

WASHINGTON , April 11, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced Connecticut Avenue Securities® (CAS) Series 2024-R03, an approximately $628 million note offering that represents Fannie Ma

NPL 2024-2 Includes the Company's Twenty-Fourth Community Impact Pool Offering WASHINGTON , April 9, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced its latest sale of non-performing loa

Survey Shows Greater Optimism Toward Homebuying and Home-Selling Conditions, Even as Pessimism Toward Rates Jumps WASHINGTON , April 8, 2024 The Fannie Mae (OTCQB: FNMA ) Home Purchase Sentiment Inde

WASHINGTON , April 4, 2024 /PRNewswire/ -- Fannie Mae (FNMA/OTC) announced today that it has executed two new Credit Insurance Risk Transfer™ (CIRT™) transactions. Together, CIRT 2024-L2 and CIRT

WASHINGTON, March 27, 2024 /PRNewswire/ -- Fannie Mae's (OTCQB: FNMA)  February 2024 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae's monthly and y

Fannie Mae now says mortgage rates will stay above 6% through 2025, after predicting last month that the average 30-year fixed mortgage would drop below 6% by the end of this year.

Federal National Mortgage Association stock is up 271%, outperforming the S&P 500 by 239%. Technical analysis suggests the stock has strong upward momentum and price targets at $3.27 and $4.22. FNMA's

The first month of 2024 is nearing its end, but there's a lot of news buzzing around the housing market and mortgage rates. The housing market has seen gloom in 2023, and homebuyers who have priced ou

Fannie Mae now sees mortgage rates dipping below 6% in 2024, anticipating a stronger housing market rebound. The 30-year fixed rate is expected to hit 5.8% by the fourth quarter, down from a previous

On balance, more Americans now see mortgage rates falling than rising in the year ahead. That's the first time it was happened in the history of Fannie Mae's survey.

Mortgage rates have fallen for the past nine straight weeks. Mortgage applications and new home listings have simultaneously surged.

Fannie Mae outlined its housing market forecasts through 2025, including home sales and price growth. Lower borrowing costs will boost activity, but home sales will only marginally rise higher.

November's sharp pullback in 30-year fixed mortgage rates may not last if the labor market remains strong, said Mark Palim, deputy chief economist at Fannie Mae.

Fannie Mae's forecast model expects U.S. home prices to climb 2.8% in 2024. Want more stories from Lance Lambert's ResiClub in your inbox?

The downturn in the US housing market isn't ending anytime soon, Fannie Mae warned. That's because mortgage rates are set to stay elevated if the US avoids a recession.