Previous Close | 1.3000 |
Open | 1.2800 |
Bid | 1.2400 x 40000 |
Ask | 1.2500 x 317000 |
Day's Range | 1.2300 - 1.3000 |
52 Week Range | 0.5300 - 1.9900 |
Volume | |
Avg. Volume | 3,085,506 |
Market Cap | 1.424B |
Beta (5Y Monthly) | 1.59 |
PE Ratio (TTM) | ∞ |
EPS (TTM) | 0.0000 |
Earnings Date | Oct 29, 2024 - Nov 04, 2024 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Aug 14, 2008 |
1y Target Est | 1.25 |
Fannie Mae downgraded its forecasts for 2024 and 2025 home sales based on a number of reliable metrics that have “barely budged in response to the more favorable rate environment.“
Despite the recent pullback in mortgage rates, total home sales are expected to come in lower than previously forecast through the rest of 2024, and then not pick up meaningfully until further out in 2025, according to the August 2024 commentary from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research (ESR) Group. The ESR Group notes that purchase mortgage applications have barely budged in response to the more favorable rate environment, and high-frequency measures of home purchase dem
Fannie Mae (OTCQB: FNMA) today began marketing its most recent sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio.