Mortgage Rates Decrease

Rhea-AI Summary

Freddie Mac (OTCQB: FMCC) reported its Primary Mortgage Market Survey on Nov 26, 2025, showing the 30-year fixed-rate mortgage (FRM) averaged 6.23%, down from 6.26% last week and below last year’s 6.81%.

The 15-year FRM averaged 5.51%, down from 5.54% the prior week and compared with 6.10% a year ago. Freddie Mac said pending home sales are at their highest level since last November and described the PMMS as tracking conventional, conforming, fully amortizing purchase loans for borrowers with 20% down and excellent credit.

News Market Reaction

+0.77%

1 alert

+0.77% News Effect

On the day this news was published, FMCC gained 0.77%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

30-year FRM rate: 6.23% 30-year FRM prior week: 6.26% 30-year FRM year-ago: 6.81% +4 more

7 metrics

30-year FRM rate 6.23% Average as of Nov 26, 2025

30-year FRM prior week 6.26% Average one week earlier

30-year FRM year-ago 6.81% Average one year earlier

15-year FRM rate 5.51% Average as of Nov 26, 2025

15-year FRM prior week 5.54% Average one week earlier

15-year FRM year-ago 6.10% Average one year earlier

Down payment 20% PMMS assumes 20% down borrowers

Market Reality Check

Price: $7.68 Vol: Volume 2,146,634 is 0.56x...

low vol

$7.68 Last Close

Volume Volume 2,146,634 is 0.56x the 20-day average of 3,803,516, indicating relatively light trading. low

Technical Price at $10.99 sits above the 200-day MA of $8.15, reflecting a pre-existing longer-term uptrend.

Peers on Argus

FMCC’s -3.8% move came alongside mixed peer action: FNMA down 1.36%, HCXLY down ...

FMCC’s -3.8% move came alongside mixed peer action: FNMA down 1.36%, HCXLY down 2.1%, while AMIVF gained 0.48% and others were flat. This points to stock-specific dynamics more than a unified sector swing.

Common Catalyst Agency and housing-market data updates, with FNMA also releasing a monthly summary.

Historical Context

5 past events · Latest: Dec 04 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	PMMS rate update	Neutral	+0.6%	PMMS showed 30- and 15-year FRM rates declining versus prior week and year.
Nov 26	PMMS rate update	Neutral	+0.8%	PMMS reported modest declines in 30- and 15-year FRM versus last week.
Nov 25	Volume summary	Neutral	+0.8%	Monthly Volume Summary detailed portfolios, issuance, delinquencies and debt activities.
Nov 24	Multifamily cap update	Neutral	+5.8%	Announced 2026 multifamily loan purchase cap of <b>$88 billion</b> with mission-driven focus.
Nov 20	PMMS rate update	Neutral	-13.3%	PMMS highlighted stable mortgage rates within a narrow ten-basis-point range.

Pattern Detected

Recent news has mostly produced modest positive reactions, with one notable double-digit decline following a stable-rate PMMS release.

Recent Company History

Over the last several weeks, FMCC has issued frequent updates tied to mortgage rates and business volumes. PMMS releases on Nov 20, Nov 26, and Dec 4, 2025 showed 30-year FRM levels in the low-6% range, generally prompting small gains between 0.56% and 0.77%, except for a -13.35% move on Nov 20. A $88 billion 2026 multifamily loan purchase cap on Nov 24 coincided with a stronger 5.8% rise. Overall, mortgage-rate and volume disclosures have been frequent drivers of short-term moves.

Market Pulse Summary

This announcement highlights a slight decline in the 30-year FRM to 6.23% and the 15-year FRM to 5.5...

Analysis

This announcement highlights a slight decline in the 30-year FRM to 6.23% and the 15-year FRM to 5.51%, both below year-ago levels. The PMMS focuses on conventional, conforming, fully amortizing loans with 20% down and excellent credit, offering a standardized view of primary mortgage conditions. Recent history shows FMCC frequently updating markets on rate trends and multifamily caps, so watching subsequent PMMS releases and portfolio disclosures remains important.

Key Terms

primary mortgage market survey, pmms, fixed-rate mortgage, conforming, +1 more

5 terms

primary mortgage market survey financial

"released the results of its Primary Mortgage Market Survey® (PMMS®)"

A primary mortgage market survey is a regular report that tracks the typical interest rates borrowers are charged on newly issued home loans. Think of it as a thermometer for consumer borrowing costs: when the survey shows rates rising or falling, it signals likely changes in home buying, refinancing activity and consumer spending, which can affect bank profits, housing-related investments and the wider bond and stock markets valuable to investors.

pmms financial

"Primary Mortgage Market Survey® (PMMS®), showing the 30-year"

Primary Mortgage Market Survey (PMMS) is a regularly published snapshot of prevailing mortgage interest rates, showing how much lenders are charging homebuyers. Investors watch it because mortgage rates influence consumer borrowing, housing demand and broader economic activity—like a thermostat that helps signal whether the housing market and consumer spending are likely to warm up or cool down. Changes in those trends can affect banks, homebuilders and consumer-facing stocks.

fixed-rate mortgage financial

"showing the 30-year fixed-rate mortgage (FRM) averaged 6.23%"

A fixed-rate mortgage is a home loan where the interest rate stays the same for the entire loan term, so monthly payments of principal and interest remain predictable. For investors, fixed-rate mortgages matter because they concentrate interest-rate risk and cash-flow certainty: when rates fall or rise, the value of those loans or securities backed by them changes, similar to how a locked subscription compares to a plan with changing fees.

conforming financial

"focused on conventional, conforming, fully amortizing home purchase loans"

Conforming means that a document, product, loan, disclosure, or business practice meets the specific rules or standards set by regulators, industry bodies, or financing programs. For investors it matters because conformity reduces legal and operational risk, enables access to larger pools of capital or secondary markets, and makes valuation and comparison more predictable—like using a standard-sized package that will reliably fit into common shipping systems.

fully amortizing financial

"conventional, conforming, fully amortizing home purchase loans"

A fully amortizing loan is one where each regular payment covers both interest and some principal so the outstanding balance is paid down to zero by the end of the loan term. For investors, that matters because cash flows are predictable and the lender or bondholder receives scheduled principal repayment rather than a large final payoff, which reduces credit risk and affects yield and portfolio cash‑management decisions—similar to following a set repayment schedule until a loan is fully paid off.

AI-generated analysis. Not financial advice.

MCLEAN, Va., Nov. 26, 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 6.23%.

“Heading into the Thanksgiving holiday, mortgage rates decreased,” said Sam Khater, Freddie Mac’s Chief Economist. “With pending home sales at the highest level since last November, homebuyer activity continues to show resilience as we near the end of the year.”

News Facts

• The 30-year FRM averaged 6.23% as of November 26, 2025, down from last week when it averaged 6.26%. A year ago at this time, the 30-year FRM averaged 6.81%.
• The 15-year FRM averaged 5.51%, down from last week when it averaged 5.54%. A year ago at this time, the 15-year FRM averaged 6.10%.

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/90c8f39a-1b37-4e5f-81e0-91afc305cb41

FAQ

What did Freddie Mac (FMCC) report for the 30-year mortgage rate on Nov 26, 2025?

Freddie Mac reported the 30-year FRM averaged 6.23% on Nov 26, 2025.

How did the 30-year rate on Nov 26, 2025 compare to last week and last year for FMCC?

It was down from 6.26% last week and lower than 6.81% a year ago.

What was the 15-year fixed mortgage rate in Freddie Mac's Nov 26, 2025 PMMS?

The 15-year FRM averaged 5.51%, down from 5.54% the prior week.

What loans does Freddie Mac's PMMS focus on in the Nov 26, 2025 release?

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

Does Freddie Mac say mortgage activity is changing in Nov 2025 and why?

Freddie Mac noted pending home sales were at their highest level since last November, indicating continued homebuyer resilience into year-end.