Mortgage rates kick off 2025 with an increase, nearing 7% [Yahoo! Finance]
Federal Home Loan Mortgage Corporation (FMCC)
NASDAQ:AMEX Investor Relations:
freddiemac.com/investors
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Source: Yahoo! Finance
Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage jumped to 6.91%, up from last week's reading of 6.85%. The average rate on a 30-year loan was 6.62% a year ago. Mortgage rates continued to climb this week, with the 30-year fixed-rate average approaching 7%. "Inching up to just shy of seven percent, mortgage rates reached their highest point in nearly six months," said Sam Khater, Freddie Mac's chief economist. "Compared to this time last year, rates are elevated and the market's affordability headwinds persist." The average rate on the 15-year fixed mortgage climbed to 6.13% from 6.0% last week. One year ago, the rate on the 15-year fixed note averaged 5.89%. Read On The Fox Business App Original article source: Mortgage rates kick off 2025 with an increase, nearing 7% View Comments
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News
- 7 ways to get a lower mortgage rate in 2025 [CBS News]CBS News
- Trump's housing market conundrum [CNN]CNN
- Trump's housing market conundrum [CNN]CNN
- Mortgage Predictions for Week of Jan. 5-11, 2025 [CNET News]CNET News
- Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path [Yahoo! Finance]Yahoo! Finance
FMCC
Analyst Actions
- 11/20/24 - Keefe, Bruyette & Woods
FMCC
Sec Filings
- 1/2/25 - Form ABS-15G
- 12/26/24 - Form 8-K
- 11/25/24 - Form ABS-15G
- FMCC's page on the SEC website