Today: 19 May 2026
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OTC:FMCC 5 December 2025 - 23 April 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

  • Pinterest Shares Drop 6.6% Amid Legal Challenges; Analyst Ratings Mixed
    May 19, 2026, 4:32 PM EDT. Pinterest (NYSE:PINS) shares fell 6.6% to $18.61 on Tuesday, with trading volume down 58% from average. The decline follows class action lawsuits alleging investor misinformation about business resilience, increasing legal and reputational risk. While legal proceedings are at an early stage, they highlight ongoing scrutiny. Wall Street analysts show mixed views: Wells Fargo raised its target to $28 with an overweight rating, while Piper Sandler maintained neutral at $26. Others, like Wedbush and Loop Capital, lowered targets and ratings. Sixteen analysts rate Pinterest as Buy, eighteen Hold, and one Sell, with a consensus target of $27.40. The stock trades below its 50-day ($19.29) and 200-day ($22.61) moving averages, with a market cap of $10.49 billion and a P/E ratio of 39.01.

Latest articles

NextNRG shares double as buying spikes, but the numbers show a catch

NextNRG shares double as buying spikes, but the numbers show a catch

19 May 2026
NextNRG shares more than doubled Tuesday, closing at $0.8288 and rising to about $0.91 after hours, after reporting April revenue up 56% to $9.4 million, its highest on record. Gross margin for April reached 8.3%. Trading volume topped 344 million shares, with market value near $135 million. The company posted a first-quarter net loss of $10.8 million and had $208,048 in cash at March 31.
AST SpaceMobile Shares Whipsaw in Volatile Trading

AST SpaceMobile Shares Whipsaw in Volatile Trading

19 May 2026
AST SpaceMobile shares closed up 2.2% at $88.75 Tuesday after volatile trading between $78.68 and $90.88. Investors shifted focus from last week’s earnings miss to the company’s plan to launch 45 BlueBird satellites this year, with two already en route to Cape Canaveral. First-quarter revenue rose to $14.7 million, but net loss widened to $191 million. AST reported $3.46 billion in cash at quarter’s end.
Warby Parker Shares Slip After AI Glasses Reveal; Investors React

Warby Parker Shares Slip After AI Glasses Reveal; Investors React

19 May 2026
Warby Parker shares fell Tuesday after the company unveiled its first “Intelligent Eyewear” with Google and Samsung, but did not disclose pricing or a launch date. The stock traded at $25.51, with volume triple the average. The new AI-powered glasses are set for a fall launch and will support multiple prescriptions and lens options. First-quarter revenue rose 8.3% to $242.4 million, while gross margin slipped to 54%.
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