Mortgage Rates Drop Slightly

Rhea-AI Summary

Freddie Mac (OTCQB: FMCC) released its Primary Mortgage Market Survey® showing the 30-year fixed-rate mortgage averaged 6.21% as of December 18, 2025, down slightly from 6.22% the prior week and below last year’s 6.72%. The 15-year FRM averaged 5.47%, down from 5.54% last week and 5.92% a year ago.

The PMMS focuses on conventional, conforming, fully amortizing purchase loans for borrowers with 20% down and excellent credit. Freddie Mac noted purchase applications are about 10% higher year-over-year. Contact: Angela Waugaman.

News Market Reaction – FMCC

-0.98%

1 alert

-0.98% News Effect

On the day this news was published, FMCC declined 0.98%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

MCLEAN, Va., Dec. 18, 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 6.21%.

“The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months,” said Sam Khater, Freddie Mac’s Chief Economist. “With rates down half a percent over last year, purchase applications are 10% above the same time one year ago.”  

News Facts

• The 30-year FRM averaged 6.21% as of December 18, 2025, down slightly from last week when it averaged 6.22%. A year ago at this time, the 30-year FRM averaged 6.72%.
• The 15-year FRM averaged 5.47%, down from last week when it averaged 5.54%. A year ago at this time, the 15-year FRM averaged 5.92%.

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/fff617ec-b047-4af0-abdb-5fd37e625414

 

FAQ

What was the 30-year mortgage rate reported by Freddie Mac (FMCC) on December 18, 2025?

Freddie Mac reported the 30-year FRM at 6.21% on December 18, 2025.

How did the December 18, 2025 30-year rate compare to one year earlier for FMCC?

The 30-year FRM fell from 6.72% a year earlier to 6.21% on December 18, 2025.

What was the 15-year fixed mortgage rate in Freddie Mac’s December 18, 2025 PMMS?

The 15-year FRM averaged 5.47% on December 18, 2025, down from 5.54% the prior week.

Does Freddie Mac’s PMMS data reflect purchase application trends for December 2025?

Yes. Freddie Mac noted purchase applications are about 10% higher year-over-year.

What loan types does Freddie Mac’s PMMS (FMCC) focus on?

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

Where can investors find media contact information for Freddie Mac’s December 18, 2025 release?

Media contact listed is Angela Waugaman with phone (703)714-0644 and email Angela_Waugaman@FreddieMac.com.