Mortgage Rates Remain Near 2025 Lows

Rhea-AI Summary

Freddie Mac (OTCQB: FMCC) released its Primary Mortgage Market Survey® on Dec. 11, 2025, reporting the 30-year fixed-rate mortgage (FRM) averaged 6.22%.

The 30-year FRM rose slightly from last week (6.19%) and remains below the year-to-date average of 6.62% and below last year’s 6.60% reading. The 15-year FRM averaged 5.54%, up from 5.44% a week earlier and below last year’s 5.84%.

The PMMS focuses on conventional, conforming, fully amortizing purchase loans for borrowers with 20% down and excellent credit. Freddie Mac reiterated its mission to promote liquidity, stability and affordability in the housing market.

News Market Reaction – FMCC

+0.83%

1 alert

+0.83% News Effect

On the day this news was published, FMCC gained 0.83%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

30-year FRM rate: 6.22% 30-year FRM YTD avg: 6.62% 30-year FRM last week: 6.19% +5 more

8 metrics

30-year FRM rate 6.22% PMMS average as of Dec 11, 2025

30-year FRM YTD avg 6.62% Year-to-date average referenced in PMMS

30-year FRM last week 6.19% PMMS prior week comparison

30-year FRM year ago 6.60% Same week in prior year

15-year FRM rate 5.54% PMMS average as of Dec 11, 2025

15-year FRM last week 5.44% PMMS prior week comparison

15-year FRM year ago 5.84% Same week in prior year

Mission start year 1970 Freddie Mac housing-market support since 1970

Market Reality Check

Price: $7.10 Vol: Volume 2,952,490 vs 20-da...

normal vol

$7.10 Last Close

Volume Volume 2,952,490 vs 20-day average 3,803,516, indicating activity below recent norms. normal

Technical Price $10.90 is trading above the 200-day moving average of $8.15.

Peers on Argus

FMCC fell 3.8% while key peer FNMA declined 2.01%; other mortgage/financial peer...

FMCC fell 3.8% while key peer FNMA declined 2.01%; other mortgage/financial peers were flat to slightly positive, suggesting a more company-specific move than a broad sector shift.

Historical Context

5 past events · Latest: Dec 04 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 04	Mortgage rate update	Neutral	+0.6%	PMMS showed modest declines in 30-year and 15-year mortgage rates.
Nov 26	Mortgage rate update	Neutral	+0.8%	Survey reported small decreases in 30-year and 15-year FRM averages.
Nov 25	Volume summary release	Neutral	+0.8%	Monthly Volume Summary detailed portfolios, issuance, risk and delinquencies.
Nov 24	Multifamily cap update	Positive	+5.8%	Announced $88 billion 2026 multifamily loan purchase cap with mission targets.
Nov 20	Mortgage rate update	Neutral	-13.3%	PMMS showed little movement in rates but stock dropped sharply afterward.

Pattern Detected

Recent FMCC news, mostly routine rate surveys and business updates, has generally seen modest positive alignment between neutral-to-positive headlines and share price, with one notable downside divergence after a neutral mortgage-rate update.

Recent Company History

Over the past month, FMCC has issued several updates tied to its Primary Mortgage Market Survey and business operations. Mortgage-rate releases on Nov 20, Nov 26, and Dec 4 highlighted relatively stable or easing rates and typically coincided with small positive price moves, except for a sharp decline on Nov 20. A notably positive milestone was the $88 billion 2026 multifamily loan purchase cap on Nov 24, which saw a stronger price gain. Today’s rate-focused release fits into this stream of regular housing-market indicators.

Market Pulse Summary

This announcement highlighted that the 30-year fixed-rate mortgage averaged 6.22% in the latest PMMS...

Analysis

This announcement highlighted that the 30-year fixed-rate mortgage averaged 6.22% in the latest PMMS, below the year-to-date average of 6.62%, suggesting some easing in borrowing costs compared with earlier in the year. Investors may compare this update with prior PMMS releases and the multifamily loan purchase cap news to assess trends in housing demand and credit conditions, while also monitoring future volume summaries and regulatory filings for additional signals.

Key Terms

Primary Mortgage Market Survey, PMMS, fixed-rate mortgage, fully amortizing

4 terms

Primary Mortgage Market Survey financial

"today 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

"results of its 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 6.22%."

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.

fully amortizing financial

"conventional, conforming, fully amortizing home purchase loans for borrowers"

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., Dec. 11, 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 6.22%.

“The average 30-year fixed-rate mortgage is well below the year-to-date average of 6.62%, providing some sense of balance to the housing market,” said Sam Khater, Freddie Mac’s Chief Economist. 

News Facts

• The 30-year FRM averaged 6.22% as of December 11, 2025, up from last week when it averaged 6.19%. A year ago at this time, the 30-year FRM averaged 6.60%.
• The 15-year FRM averaged 5.54%, up from last week when it averaged 5.44%. A year ago at this time, the 15-year FRM averaged 5.84%.

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/7e6c1e19-3cad-4b60-a668-2e020a4ec732

 

FAQ

What mortgage rates did Freddie Mac report on Dec. 11, 2025 for FMCC?

Freddie Mac reported the 30-year FRM at 6.22% and the 15-year FRM at 5.54% as of Dec. 11, 2025.

How did the 30-year mortgage rate on Dec. 11, 2025 compare to last week for FMCC?

The 30-year FRM rose slightly from 6.19% last week to 6.22% on Dec. 11, 2025.

Is the Dec. 11, 2025 30-year FRM above or below the 2025 year-to-date average for FMCC?

The Dec. 11, 2025 30-year FRM (6.22%) is below the 2025 year-to-date average of 6.62%.

How does the 15-year FRM on Dec. 11, 2025 compare to a year earlier for FMCC?

The 15-year FRM averaged 5.54% on Dec. 11, 2025, which is below the 5.84% reported a year earlier.

What loan type does Freddie Mac’s PMMS data represent for FMCC?

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