1. 30-year mortgage rates averaged 6.56%, a 10-month low. 2. Purchase demand is increasing due to lower mortgage rates. 3. Affordability challenges persist for many potential homebuyers. 4. 15-year mortgage rate remains steady at 5.69%. 5. Freddie Mac aims to promote homeownership across the nation.
Lower mortgage rates typically stimulate housing market activity, boosting FMCC's performance.
Current low mortgage rates directly support Freddie Mac's core business, likely affecting stock performance.
Immediate increase in home purchase demand may lead to enhanced loan growth for FMCC.
MCLEAN, Va., Aug. 28, 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 6.56%.
"Mortgage rates are at a 10-month low," said Sam Khater, Freddie Mac's Chief Economist. "Purchase demand continues to rise on the back of lower rates and solid economic growth. Though many potential homebuyers still face affordability challenges, consistently lower rates may provide them with the impetus to enter the market."
News Facts
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/74dc8653-078f-43a5-a63e-ca96b767b9ae
