Fannie Mae stock (FNMA) slides 4% into year-end as housing data and Fed minutes loom
Fannie Mae shares fell 4.1% to $10.33 Monday, underperforming Freddie Mac, which dropped 2.8%. U.S. pending home sales rose 3.3% in November to the highest since early 2023, according to the National Association of Realtors. Traders await Tuesday’s home-price data and Wednesday’s Fed minutes for rate signals.