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Globe and Mail
2 days ago
- Business
- Globe and Mail
Mortgage Rates Continue to Decrease
MCLEAN, Va., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.63%. 'The 30-year fixed-rate mortgage dropped to its lowest level since April,' said Sam Khater, Freddie Mac's Chief Economist. 'The decline in rates increases prospective homebuyers' purchasing power and our research shows that buyers can save thousands by getting quotes from a few different lenders.' News Facts The 30-year FRM averaged 6.63% as of August 7, 2025, down from last week when it averaged 6.72%. A year ago at this time, the 30-year FRM averaged 6.47%. The 15-year FRM averaged 5.75%, down from last week when it averaged 5.85%. A year ago at this time, the 15-year FRM averaged 5.63%. The PMMS ® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions. Freddie Mac's mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube
Globe and Mail
31-07-2025
- Business
- Globe and Mail
Mortgage Rates Inch Down
MCLEAN, Va., July 31, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.72%. 'The 30-year fixed-rate mortgage showed little movement, remaining within the same narrow range for the fourth consecutive week,' said Sam Khater, Freddie Mac's Chief Economist. 'Continued economic growth, along with moderating house prices and rising inventory, bodes well for buyers and sellers alike.' News Facts The 30-year FRM averaged 6.72% as of July 31, 2025, down slightly from last week when it averaged 6.74%. A year ago at this time, the 30-year FRM averaged 6.73%. The 15-year FRM averaged 5.85%, down from last week when it averaged 5.87%. A year ago at this time, the 15-year FRM averaged 5.99%. The PMMS ® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions. Freddie Mac's mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube
Globe and Mail
24-07-2025
- Business
- Globe and Mail
The 30-Year Fixed-Rate Mortgage Shows Little Movement
MCLEAN, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.74%. 'This week, the 30-year fixed-rate mortgage essentially remained flat at 6.74%,' said Sam Khater, Freddie Mac's Chief Economist. 'Overall, the backdrop for the housing market is positive as the economy continues to perform well with solid employment and income growth.' News Facts The 30-year FRM averaged 6.74% as of July 24, 2025, down slightly from last week when it averaged 6.75%. A year ago at this time, the 30-year FRM averaged 6.78%. averaged 6.74% as of July 24, 2025, down slightly from last week when it averaged 6.75%. A year ago at this time, the 30-year FRM averaged 6.78%. The 15-year FRM averaged 5.87%, down from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 6.07%. The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions. Freddie Mac's mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube MEDIA CONTACT: Angela Waugaman (703)714-0644 Angela_Waugaman@ A photo accompanying this announcement is available at This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
Yahoo
24-07-2025
- Business
- Yahoo
The 30-Year Fixed-Rate Mortgage Shows Little Movement
Primary Mortgage Market Survey® MCLEAN, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.74%. 'This week, the 30-year fixed-rate mortgage essentially remained flat at 6.74%,' said Sam Khater, Freddie Mac's Chief Economist. 'Overall, the backdrop for the housing market is positive as the economy continues to perform well with solid employment and income growth.' Shop Top Mortgage Rates Your Path to Homeownership Personalized rates in minutes A quicker path to financial freedom News Facts The 30-year FRM averaged 6.74% as of July 24, 2025, down slightly from last week when it averaged 6.75%. A year ago at this time, the 30-year FRM averaged 6.78%. The 15-year FRM averaged 5.87%, down from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 6.07%. The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions. Freddie Mac's mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube MEDIA CONTACT:Angela Waugaman(703)714-0644Angela_Waugaman@ A photo accompanying this announcement is available at in to access your portfolio
Globe and Mail
17-07-2025
- Business
- Globe and Mail
Mortgage Rates Continue to Move Up
MCLEAN, Va., July 17, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.75%. 'The 30-year fixed-rate mortgage inched up this week and continues to stay within a narrow range under 7%. While overall affordability headwinds persist, rate stability coupled with moderately rising inventory may sway prospective buyers to act,' said Sam Khater, Freddie Mac's Chief Economist. News Facts The 30-year FRM averaged 6.75% as of July 17, 2025, up from last week when it averaged 6.72%. A year ago at this time, the 30-year FRM averaged 6.77%. The 15-year FRM averaged 5.92%, up from last week when it averaged 5.86%. A year ago at this time, the 15-year FRM averaged 6.05%. The PMMS ® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions. Freddie Mac's mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website Consumers | X | LinkedIn | Facebook | Instagram | YouTube
