Mortgage rates 'essentially flat' from last week despite market volatility
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 13 2025
0mins
Source: SeekingAlpha
Current Mortgage Rates: Mortgage rates have remained stable, with 30-year fixed-rate mortgages averaging 6.65% and 15-year fixed-rate mortgages at 5.80%, showing slight increases from the previous week but decreases compared to last year.
Market Response: The combination of lower mortgage rates and improved inventory has led to a 5% increase in purchase applications year-over-year, indicating positive trends for homebuyers during the spring season.
Analyst Views on VMBS
Wall Street analysts forecast VMBS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VMBS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 47.170
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Current: 47.170
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
