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Mortgage Rates Continue to Decline

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Freddie Mac (OTCQB: FMCC) reported a decline in mortgage rates in its latest Primary Mortgage Market Survey®. The 30-year fixed-rate mortgage (FRM) averaged 6.76%, down from 6.81% last week and significantly lower than the 7.22% recorded a year ago. The 15-year FRM also decreased to 5.92% from 5.94% last week, compared to 6.47% a year ago. Chief Economist Sam Khater noted that the 30-year FRM rates have fallen below the first quarter average of 6.83%.

Freddie Mac (OTCQB: FMCC) ha riportato un calo dei tassi ipotecari nel suo ultimo Primary Mortgage Market Survey®. Il mutuo a tasso fisso a 30 anni (FRM) ha registrato una media del 6,76%, in calo rispetto al 6,81% della settimana scorsa e notevolmente inferiore al 7,22% di un anno fa. Anche il mutuo a tasso fisso a 15 anni è diminuito, passando dal 5,94% della settimana scorsa al 5,92%, rispetto al 6,47% di un anno fa. L'economista capo Sam Khater ha osservato che i tassi del mutuo a 30 anni sono scesi al di sotto della media del primo trimestre, che era del 6,83%.

Freddie Mac (OTCQB: FMCC) informó una disminución en las tasas hipotecarias en su última Encuesta del Mercado Hipotecario Primario®. La hipoteca fija a 30 años (FRM) promedió un 6.76%, bajando desde el 6.81% de la semana pasada y significativamente inferior al 7.22% registrado hace un año. La hipoteca fija a 15 años también disminuyó a 5.92% desde 5.94% la semana pasada, en comparación con el 6.47% de hace un año. El economista jefe Sam Khater señaló que las tasas de la FRM a 30 años han caído por debajo del promedio del primer trimestre del 6.83%.

프레디 맥(OTCQB: FMCC)는 최신 1차 모기지 시장 조사(Primary Mortgage Market Survey®)에서 모기지 금리가 하락했다고 보고했습니다. 30년 고정 금리 모기지(FRM)는 평균 6.76%로 지난주 6.81%에서 하락했으며, 1년 전 기록된 7.22%보다 크게 낮아졌습니다. 15년 FRM도 지난주 5.94%에서 5.92%로 떨어졌으며, 1년 전의 6.47%와 비교됩니다. 수석 경제학자 샘 케이터는 30년 FRM 금리가 1분기 평균 6.83% 이하로 떨어졌다고 언급했습니다.

Freddie Mac (OTCQB : FMCC) a rapporté une baisse des taux hypothécaires dans sa dernière enquête Primary Mortgage Market Survey®. Le prêt hypothécaire à taux fixe sur 30 ans (FRM) a affiché une moyenne de 6,76%, en baisse par rapport à 6,81% la semaine dernière et nettement inférieur aux 7,22% enregistrés il y a un an. Le FRM sur 15 ans a également diminué à 5,92% contre 5,94% la semaine dernière, comparé à 6,47% il y a un an. L’économiste en chef Sam Khater a noté que les taux du FRM sur 30 ans sont tombés en dessous de la moyenne du premier trimestre, qui était de 6,83%.

Freddie Mac (OTCQB: FMCC) meldete einen Rückgang der Hypothekenzinsen in seiner neuesten Primary Mortgage Market Survey®. Der 30-jährige Festzins-Hypothekendarlehen (FRM) lag im Durchschnitt bei 6,76%, gegenüber 6,81% in der Vorwoche und deutlich unter den 7,22% vor einem Jahr. Der 15-jährige FRM sank ebenfalls auf 5,92% von 5,94% in der Vorwoche, verglichen mit 6,47% vor einem Jahr. Chefökonom Sam Khater stellte fest, dass die 30-jährigen FRM-Zinsen unter den Durchschnitt des ersten Quartals von 6,83% gefallen sind.

Positive
  • 30-year FRM rates decreased to 6.76% from 6.81% week-over-week
  • Current 30-year FRM rates are significantly lower than last year's 7.22%
  • 15-year FRM rates declined to 5.92% from 5.94% week-over-week
  • 15-year FRM rates are lower compared to 6.47% a year ago
Negative
  • None.

MCLEAN, Va., May 01, 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 6.76%.

“Mortgage rates again declined this week,” said Sam Khater, Freddie Mac’s Chief Economist. “In recent weeks, rates for the 30-year fixed-rate mortgage have fallen even lower than the first quarter average of 6.83%.”

News Facts

  • The 30-year FRM averaged 6.76% as of May 1, 2025, down from last week when it averaged 6.81%. A year ago at this time, the 30-year FRM averaged 7.22%.
  • The 15-year FRM averaged 5.92%, down from last week when it averaged 5.94%. A year ago at this time, the 15-year FRM averaged 6.47%.

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@FreddieMac.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3cfe0e2e-2ef3-4274-b67f-5d23a598d31a


FAQ

What are the current 30-year mortgage rates for Freddie Mac (FMCC) as of May 2025?

According to Freddie Mac's Primary Mortgage Market Survey, the 30-year fixed-rate mortgage averaged 6.76% as of May 1, 2025.

How have FMCC's mortgage rates changed compared to last week?

The 30-year FRM decreased from 6.81% to 6.76%, while the 15-year FRM decreased from 5.94% to 5.92%.

What is the year-over-year comparison for Freddie Mac's mortgage rates?

Compared to a year ago, the 30-year FRM is down from 7.22% to 6.76%, and the 15-year FRM is down from 6.47% to 5.92%.

How do current FMCC mortgage rates compare to Q1 2025?

Current 30-year fixed-rate mortgage rates (6.76%) are lower than the first quarter 2025 average of 6.83%.
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