Mortgage Rates Continue to Trend Down

Rhea-AI Summary

Freddie Mac (OTCQB: FMCC) reported results from its Primary Mortgage Market Survey on October 30, 2025, showing the 30-year fixed-rate mortgage averaged 6.17% and the 15-year fixed-rate mortgage averaged 5.41%.

Mortgage rates fell for the fourth consecutive week: the 30-year FRM edged down from 6.19% the prior week and is lower than 6.72% a year ago; the 15-year FRM fell from 5.44% last week and from 5.99% a year earlier. Freddie Mac noted lower rates have encouraged more homebuyer activity and reiterated the PMMS focus on conventional, conforming, fully amortizing purchase loans for borrowers with 20% down and excellent credit.

MCLEAN, Va., Oct. 30, 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 6.17%.

“Mortgage rates decreased for the fourth consecutive week. The last few months have brought lower rates and homebuyers are increasingly entering the market,” said Sam Khater, Freddie Mac’s Chief Economist.

News Facts

• The 30-year FRM averaged 6.17% as of October 30, 2025, down from last week when it averaged 6.19%. A year ago at this time, the 30-year FRM averaged 6.72%.
• The 15-year FRM averaged 5.41%, down from last week when it averaged 5.44%. 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

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/9d6d4821-b281-42f6-aac5-2a461e776fca

FAQ

What did Freddie Mac (FMCC) report for the 30-year mortgage rate on October 30, 2025?

Freddie Mac reported the 30-year fixed-rate mortgage averaged 6.17% on October 30, 2025.

How did the 30-year FRM for FMCC change week-over-week and year-over-year on October 30, 2025?

Week-over-week the 30-year FRM fell from 6.19% to 6.17%; year-over-year it declined from 6.72%.

What were the 15-year mortgage rates reported by Freddie Mac (FMCC) on October 30, 2025?

The 15-year fixed-rate mortgage averaged 5.41% on October 30, 2025, down from 5.44% the prior week and 5.99% a year earlier.

Why does Freddie Mac (FMCC) say mortgage rates matter for homebuyers on October 30, 2025?

Freddie Mac said falling rates over recent months have encouraged more homebuyers to enter the market, improving affordability and demand.

What loans does Freddie Mac's PMMS (FMCC) focus on in its October 30, 2025 survey?

The PMMS focuses on conventional, conforming, fully amortizing home purchase loans for borrowers with 20% down and excellent credit.

Where can investors find more details from Freddie Mac (FMCC) about the October 30, 2025 mortgage survey?

Investors can view the PMMS details and FAQs on Freddie Mac's website and related investor channels listed in the announcement.