Mortgage Rates Drop to Lowest Level in 2025

Rhea-AI Summary

Freddie Mac (OTCQB: FMCC) reported that the 30-year fixed-rate mortgage (FRM) averaged 6.15% as of December 31, 2025 — the lowest weekly average in 2025.

The 30-year FRM fell from 6.18% the prior week and was down from 6.91% a year earlier. The 15-year FRM averaged 5.44%, down from 5.50% last week and 6.13% a year ago. The PMMS® covers conventional, conforming, fully amortizing purchase loans with 20% down for borrowers with excellent credit.

Positive

• 30-year FRM at 6.15% — lowest weekly average in 2025
• 30-year FRM down from 6.18% last week
• 30-year FRM down from 6.91% one year ago
• 15-year FRM at 5.44%, down from 5.50% last week and 6.13% a year ago

Negative

• None.

MCLEAN, Va., Dec. 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 6.15%.

“After starting the year close to 7%, the average 30-year fixed-rate mortgage moved to its lowest level in 2025 this week, an encouraging sign for potential homebuyers heading into the new year,” said Sam Khater, Freddie Mac’s Chief Economist.

News Facts

• The 30-year FRM averaged 6.15% as of December 31, 2025, down from last week when it averaged 6.18%. A year ago at this time, the 30-year FRM averaged 6.91%.
• The 15-year FRM averaged 5.44%, down from last week when it averaged 5.50%. A year ago at this time, the 15-year FRM averaged 6.13%.
  
  

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:
Mollie Laniado
(571) 382-1784
Mollie_Laniado@FreddieMac.com

An infographic accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7bb94fa0-a559-4194-aec9-3d826b6ecc5e

FAQ

What was Freddie Mac's reported 30-year mortgage rate on December 31, 2025 for FMCC?

Freddie Mac reported the 30-year FRM averaged 6.15% on December 31, 2025.

How did the 30-year FRM for FMCC change versus the prior week and year-ago?

The 30-year FRM fell from 6.18% last week and from 6.91% one year ago.

What was the 15-year mortgage rate reported by Freddie Mac for FMCC on December 31, 2025?

The 15-year FRM averaged 5.44% on December 31, 2025, down from 5.50% last week and 6.13% a year ago.

What types of loans does the PMMS® survey cover that FMCC reported?

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

Why is the December 31, 2025 FMCC reading notable for homebuyers?

The reading marks the lowest weekly 30-year FRM in 2025, which Freddie Mac described as an encouraging sign for prospective homebuyers.