Mortgage Rates Move Down

Rhea-AI Summary

Freddie Mac (OTCQB: FMCC) released its Primary Mortgage Market Survey for Dec. 4, 2025, reporting that the 30-year fixed-rate mortgage averaged 6.19%, down from 6.23% last week and below last year’s 6.69%.

The 15-year fixed-rate averaged 5.44%, down from 5.51% the prior week and below last year’s 5.96%. The PMMS covers conventional, conforming, fully amortizing purchase loans for borrowers with 20% down and excellent credit.

Freddie Mac highlighted that rates fell for a second straight week, creating a relatively more favorable environment for homebuyers and homeowners compared with a year ago.

MCLEAN, Va., Dec. 04, 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 6.19%.

“Mortgage rates decreased for the second straight week as we emerged from the Thanksgiving holiday,” said Sam Khater, Freddie Mac’s Chief Economist. “Compared to this time last year, mortgage rates are half a percent lower, creating a more favorable environment for homebuyers and homeowners.”

News Facts

• The 30-year FRM averaged 6.19% as of December 4, 2025, down from last week when it averaged 6.23%. A year ago at this time, the 30-year FRM averaged 6.69%.
• The 15-year FRM averaged 5.44%, down from last week when it averaged 5.51%. A year ago at this time, the 15-year FRM averaged 5.96%.

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/ebbb90f9-2e6b-42f3-8990-f2a3ef2e8991

FAQ

What did Freddie Mac (FMCC) report for the 30-year mortgage rate on Dec. 4, 2025?

Freddie Mac reported the 30-year fixed-rate mortgage averaged 6.19% on Dec. 4, 2025, down from 6.23% last week.

How did Freddie Mac's Dec. 4, 2025 30-year rate compare to a year earlier (FMCC)?

The 30-year rate was 0.50 percentage points lower than a year ago, when it averaged 6.69%.

What was the 15-year fixed mortgage rate in Freddie Mac's Dec. 4, 2025 PMMS (FMCC)?

The 15-year fixed-rate averaged 5.44% on Dec. 4, 2025, down from 5.51% the prior week and below last year’s 5.96%.

What loans does Freddie Mac's PMMS (FMCC) survey cover?

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

Does Freddie Mac say mortgage rates are improving for buyers in Dec. 2025 (FMCC)?

Freddie Mac noted rates decreased for a second straight week and are lower than a year ago, creating a more favorable environment for buyers and homeowners.