Latest news with #PMMS
Yahoo
3 days ago
- Business
- Yahoo
Mortgage Rates Move Down
Primary Mortgage Market Survey® MCLEAN, Va., June 05, 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 6.85%. "The average mortgage rate decreased this week, which is welcome news to potential homebuyers who also are seeing inventory improve and house price growth slow,' said Sam Khater, Freddie Mac's Chief Economist. News Facts The 30-year FRM averaged 6.85% as of June 5, 2025, down from last week when it averaged 6.89%. A year ago at this time, the 30-year FRM averaged 6.99%. The 15-year FRM averaged 5.99%, down from last week when it averaged 6.03%. A year ago at this time, the 15-year FRM averaged 6.29%. 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 while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Upturn
29-05-2025
- Business
- Business Upturn
Mortgage Rates Continue to Stay Under the 7% Threshold
By GlobeNewswire Published on May 29, 2025, 21:00 IST MCLEAN, Va., May 29, 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 6.89%. 'This week, the 30-year fixed-rate mortgage rose slightly higher,' said Sam Khater, Freddie Mac's Chief Economist. 'Aspiring buyers should remember to shop around for the best mortgage rate, as they can potentially save thousands of dollars by getting multiple quotes.' News Facts The 30-year FRM averaged 6.89% as of May 29, 2025, up from last week when it averaged 6.86%. A year ago at this time, the 30-year FRM averaged 7.03%. averaged 6.89% as of May 29, 2025, up from last week when it averaged 6.86%. A year ago at this time, the 30-year FRM averaged 7.03%. The 15-year FRM averaged 6.03%, up from last week when it averaged 6.01%. A year ago at this time, the 15-year FRM averaged 6.36%. 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 [email protected] A photo accompanying this announcement is available at Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
22-05-2025
- Business
- Yahoo
30-Year Fixed-Rate Mortgages Average 6.86%
Primary Mortgage Market Survey® MCLEAN, Va., May 22, 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 6.86%. 'Mortgage rates inched up this week but continue to remain lower than one year ago. With more inventory for buyers to choose from than the last few years, purchase application activity continues to hold up,' said Sam Khater, Freddie Mac's Chief Economist. News Facts The 30-year FRM averaged 6.86% as of May 22, 2025, up from last week when it averaged 6.81%. A year ago at this time, the 30-year FRM averaged 6.94%. The 15-year FRM averaged 6.01%, up from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 6.24%. 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 A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
22-05-2025
- Business
- Globe and Mail
30-Year Fixed-Rate Mortgages Average 6.86%
MCLEAN, Va., May 22, 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 6.86%. 'Mortgage rates inched up this week but continue to remain lower than one year ago. With more inventory for buyers to choose from than the last few years, purchase application activity continues to hold up,' said Sam Khater, Freddie Mac's Chief Economist. News Facts The 30-year FRM averaged 6.86% as of May 22, 2025, up from last week when it averaged 6.81%. A year ago at this time, the 30-year FRM averaged 6.94%. The 15-year FRM averaged 6.01%, up from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 6.24%. 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
Yahoo
22-05-2025
- Business
- Yahoo
30-Year Fixed-Rate Mortgages Average 6.86%
Primary Mortgage Market Survey® MCLEAN, Va., May 22, 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 6.86%. 'Mortgage rates inched up this week but continue to remain lower than one year ago. With more inventory for buyers to choose from than the last few years, purchase application activity continues to hold up,' said Sam Khater, Freddie Mac's Chief Economist. News Facts The 30-year FRM averaged 6.86% as of May 22, 2025, up from last week when it averaged 6.81%. A year ago at this time, the 30-year FRM averaged 6.94%. The 15-year FRM averaged 6.01%, up from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 6.24%. 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 A photo accompanying this announcement is available at in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
