The 30-Year Fixed-Rate Mortgage Shows Little Movement

MCLEAN, Va., July 24, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ^® (PMMS^®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.74%.

“This week, the 30-year fixed-rate mortgage essentially remained flat at 6.74%,” said Sam Khater, Freddie Mac’s Chief Economist. “Overall, the backdrop for the housing market is positive as the economy continues to perform well with solid employment and income growth.”

News Facts

The 30-year FRM averaged 6.74% as of July 24, 2025, down slightly from last week when it averaged 6.75%. A year ago at this time, the 30-year FRM averaged 6.78%.
The 15-year FRM averaged 5.87%, down from last week when it averaged 5.92%. A year ago at this time, the 15-year FRM averaged 6.07%.

The PMMS^® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions.

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 keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT:
Angela Waugaman
(703)714-0644
Angela_Waugaman@FreddieMac.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/fcb5d657-b743-4a75-ae50-92761127f33a

Primary Mortgage Market Survey®

U.S. weekly average mortgage rates as of 07/24/2025

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