Core Insights - Freddie Mac's Primary Mortgage Market Survey indicates that the average 30-year fixed-rate mortgage (FRM) is at 6.21% as of December 18, 2025, showing a slight decrease from the previous week when it was 6.22% [1][5] - The current 30-year FRM is down by half a percent compared to the same time last year, when it averaged 6.72% [1][5] - Purchase applications have increased by 10% compared to the same period last year, reflecting a positive trend in the housing market [1] Mortgage Rate Details - The 15-year FRM averaged 5.47% as of December 18, 2025, down from 5.54% the previous week and lower than the 5.92% average a year ago [5] - The PMMS focuses on conventional, conforming, fully amortizing home purchase loans for borrowers with excellent credit who put 20% down [2]
Mortgage Rates Drop Slightly
Globenewswire·2025-12-18 17:00