Core Insights - Freddie Mac's Primary Mortgage Market Survey indicates that the 30-year fixed-rate mortgage (FRM) averaged 6.16% as of January 8, 2026, showing a slight increase from the previous week when it averaged 6.15% [1][4] - The 15-year FRM averaged 5.46%, up from 5.44% the previous week, and down from 6.14% a year ago [4] - The overall mortgage rates have remained stable, hovering close to the 6% mark, which has contributed to a more than 20% increase in purchase applications compared to the same period last year [2] Industry Overview - Freddie Mac's mission is to enhance liquidity, stability, and affordability in the housing market across all economic cycles, having assisted millions of families since its inception in 1970 [3] - The PMMS focuses on conventional, conforming, fully amortizing home purchase loans for borrowers with excellent credit who make a 20% down payment [2]