Today: 29 June 2026
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OTC:FMCC 5 December 2025 - 5 June 2026

Mortgage Rates Drop but Homebuyers Stay on Sidelines

Mortgage Rates Drop but Homebuyers Stay on Sidelines

U.S. 30-year mortgage rates dipped to 6.48% from 6.53%, but mortgage applications fell 2.5% for the week ended May 29, with purchase demand down 3%, as lower rates failed to revive buyer activity; forecasts see only slow relief ahead, while median home list prices dropped 2.4% in May, the steepest annual decline since 2017.
5 June 2026
Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

U.S. mortgage rates fell again this week, with the average 30-year fixed rate dropping to 6.30%, according to Freddie Mac. Mortgage applications rose 7.9% for the week ending April 17, and purchase applications jumped 10%. Pending home sales increased 1.5% in March. Median home prices in San Francisco, San Mateo, and Santa Clara counties stayed above $2 million despite the rate drop.
23 April 2026
Mortgage Rates Today: 30-Year Fixed Falls to 6.31%, but Homebuyers Still Face a Tough Spring

Mortgage Rates Today: 30-Year Fixed Falls to 6.31%, but Homebuyers Still Face a Tough Spring

U.S. mortgage rates fell Tuesday, with Mortgage News Daily’s 30-year fixed at 6.31%, down 0.08 percentage point from Monday. Existing-home sales dropped 3.6% in March to a nine-month low. The 10-year Treasury yield edged down after March producer prices rose less than forecast. Refinance applications fell 2.8% last week, while purchase applications remain below last year’s levels.
14 April 2026
Fannie Mae (FNMA) Stock Surges on Michael Burry Bet and IPO Hopes: Latest News, Forecasts and Risks as of December 10, 2025

Fannie Mae (FNMA) Stock Surges on Michael Burry Bet and IPO Hopes: Latest News, Forecasts and Risks as of December 10, 2025

Fannie Mae shares rose 4.5% to $11.95 on December 9 and are up 21% in two weeks, driven by Michael Burry’s disclosure of a large stake and renewed speculation about a public relisting. Trading volumes reached several million shares daily. Burry’s thesis and Trump-era spin-off talk have fueled investor interest despite ongoing regulatory hurdles.
10 December 2025
Federal National Mortgage Association (Fannie Mae) Stock in December 2025: Michael Burry’s Big Bet, Trump’s IPO Plans and What Comes Next

Federal National Mortgage Association (Fannie Mae) Stock in December 2025: Michael Burry’s Big Bet, Trump’s IPO Plans and What Comes Next

Fannie Mae’s stock closed at $11.44 on December 8, up 8% over five days and nearly 250% year-to-date, according to MarketScreener. Shares jumped after investor Michael Burry disclosed sizable stakes in both Fannie Mae and Freddie Mac and predicted IPOs for the mortgage giants. Fannie’s 52-week range spans $2.24 to $15.98, highlighting recent volatility.

Stock Market Today

  • Singular Health Group Applies for Quotation of Additional ASX Shares
    June 28, 2026, 8:02 PM EDT. Singular Health Group Ltd has applied for the quotation of 2,571,222 new ordinary fully paid shares on the Australian Securities Exchange (ASX). This move aims to expand the company's market presence and increase liquidity. The application signifies the firm's intent to raise capital or satisfy existing commitments through share issuance. Investors will monitor the impact on share supply and potential dilution. The announcement reflects Singular Health's ongoing efforts to support its growth and operational strategies.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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