Core Insights - Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) averaged 6.24% as of November 13, 2025, showing a slight increase from 6.22% the previous week and a decrease from 6.78% a year ago [1][5] - The 15-year FRM averaged 5.49%, down from 5.50% last week and lower than 5.99% a year ago, indicating a stable mortgage rate environment [1][5] - There was an increase in purchase activity, which is viewed positively by Freddie Mac's Chief Economist, Sam Khater [1] Mortgage Rate Details - The 30-year FRM increased by 0.02 percentage points from the previous week and decreased by 0.54 percentage points compared to the same week last year [5] - The 15-year FRM decreased by 0.01 percentage points from the previous week and decreased by 0.50 percentage points compared to the same week last year [5] Freddie Mac's Mission - Freddie Mac aims to enhance liquidity, stability, and affordability in the housing market, supporting families in buying, renting, or maintaining their homes since 1970 [3]
Mortgage Rates Broadly Flat
Globenewswire·2025-11-13 17:00