Freddie Mac’s last mortgage report of 2025 released earlier this week on New Year’s Eve saw the average mortgage rate hit its lowest level of the year, a positive sign for home shoppers as the holiday season comes to a close and eyes turn toward 2026’s peak buying season in the months ahead. The latest…
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A cooling labor market reported this week with unemployment rising slightly, while in line with expectations, did little to move mortgage rates, economists report. The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday, shows the 30-year fixed-rate mortgage (FRM) averaging 6.21%, a slight decline of one basis point from last week’s rate…
As we head into 2026, mortgage rates are expected to remain in line with today’s rates, which, while not the sharp decline some buyers may have been hoping for, are enough to see modest home price growth in the new year, economists predict. The latest Primary Mortgage Market Survey® (PMMS®), released by Freddie Mac Thursday,…
The post Mortgage Rates Tick Up but Remain Near 2025 Lows appeared first on RISMedia.
Mortgage rates improved for the second straight week according to new Freddie Mac data, showing a continued lean toward a more affordable market in the fast approaching 2026. The latest Primary Mortgage Market Survey® found that the 30-year fixed rate mortgage (FRM) averaged 6.19%, down from last week when it averaged 6.23%. A year ago…
Mortgage rates saw little movement this week, reflecting a overall market pause related to the government shutdown these past weeks and related uncertainty, economists say. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the average 30-year fixed-rate mortgage (FRM) moved up 2 basis points this week to 6.24% from…
Following Fed Chair Jerome Powell’s comments last week that a December rate cut is not a guarantee, economists said mortgage rates moving higher was an expected market response but also one that favors an improving climate for home affordability. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the average…
Mortgage rate watchers point out that so far this year rates have fallen 87 basis points from their mid-January peak, a welcome event for homebuyers that have been waiting on the sidelines and homeowners who have been considering refinancing. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the average…
With mortgage rates continuing to decline–to their lowest point in over a year this week–refinance activity enters its sixth week at a high pace. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the average 30-year fixed-rate mortgage (FRM) slid another eight basis points this week to 6.19% from last…
Continuing a pattern of small movements expected as the government shutdown continues, rate saw only a slight downward trend this week. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday, the average 30-year fixed-rate mortgage (FRM) slid three basis points to 6.27% from last week’s average of 6.30%. “Mortgage rates…
Mortgage rates moved within expected patterns this week, edging down only slightly as the government shutdown reaches its ninth day. Last week, economists said rates were expected to remain within a tight range during the shutdown unless other unexpected developments emerge. According to the latest Primary Mortgage Market Survey® (PMMS®) released by Freddie Mac Thursday,…
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