FMCC Freddie Mac

Mortgage Rates Hit a New Record Low the First Week of 2021

Mortgage Rates Hit a New Record Low the First Week of 2021

MCLEAN, Va., Jan. 07, 2021 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.65 percent, the lowest rate in the survey’s history which dates back to 1971.

“A new year, a new record low mortgage rate,” said Sam Khater, Freddie Mac’s Chief Economist. “Despite a full percentage point decline in rates over the past year, housing affordability has decreased because these low rates have been offset by rising home prices. However, the forces behind the drop in rates have been shifting over the last few months and rates are poised to rise modestly this year. The combination of rising mortgage rates and increasing home prices will accelerate the decline in affordability and further squeeze potential homebuyers during the spring home sales season.”

News Facts

  • averaged 2.65 percent with an average 0.7 point for the week ending January 7, 2021, down from last week when it averaged 2.67 percent. A year ago at this time, the 30-year FRM averaged 3.64 percent.
  • averaged 2.16 percent with an average 0.6 point, down slightly from last week when it averaged 2.17 percent. A year ago at this time, the 15-year FRM averaged 3.07 percent.
  • (ARM) averaged 2.75 percent with an average 0.3 point, up from last week when it averaged 2.71 percent. A year ago at this time, the 5-year ARM averaged 3.30 percent.

The PMMS is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following link for the . Borrowers may still pay closing costs which are not included in the survey.

Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, investors and taxpayers. Learn more at , Twitter and Freddie Mac’s blog .

MEDIA CONTACT:

Angela Waugaman

703-714-0644

A photo accompanying this announcement is available at



EN
07/01/2021

Underlying

FMCCFreddie Mac

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Freddie Mac

 PRESS RELEASE
Free
FMCC FREDDIE MAC

Mortgage Rates Tumble

Mortgage Rates Tumble MCLEAN, Va., Sept. 04, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.50%. “Mortgage rates continue to trend down, increasing optimism for new buyers and current owners alike,” said Sam Khater, Freddie Mac’s Chief Economist. “As rates continue to drop, the number of homeowners who have the opportunity to refinance is expanding. In fact, the share of market mortgage applications that were for a refinance reached nearly 47%, the highest since October.” News Facts The ...

10h / 25m 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Mortgage Rates Tick Down

Mortgage Rates Tick Down MCLEAN, Va., Aug. 28, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (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 averaged 6.56% as of August 28, 2025, down from last we...

August 28, 2025 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Freddie Mac Issues Monthly Volume Summary for July 2025

Freddie Mac Issues Monthly Volume Summary for July 2025 MCLEAN, Va., Aug. 25, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its for July 2025, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. 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 ...

August 25, 2025 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Mortgage Rates Level Off

Mortgage Rates Level Off MCLEAN, Va., Aug. 21, 2025 (GLOBE NEWSWIRE) -- (OTCQB: FMCC) today released the results of its (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.58%. “The 30-year fixed-rate mortgage remained flat this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Over the summer, rates have come down and purchase applications are outpacing 2024, though a number of homebuyers continue waiting on the sideline for rates to further decrease.” News Facts The averaged 6.58% as of August 21, 2025, unchanged from last week. A year ago at this time, the 30-...

August 21, 2025 1 EN
 PRESS RELEASE
Free
FMCC FREDDIE MAC

Freddie Mac Discloses Dodd-Frank Act Stress Test Results

Freddie Mac Discloses Dodd-Frank Act Stress Test Results MCLEAN, Va., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted the results of its 2024 and 2025 stress tests for the severely adverse scenario conducted under U.S. Federal Housing’s implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The results are available at . 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 mi...

August 15, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch