Mortgage Rates Inch Down
MCLEAN, Va., July 31, 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 6.72%.
“The 30-year fixed-rate mortgage showed little movement, remaining within the same narrow range for the fourth consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “Continued economic growth, along with moderating house prices and rising inventory, bodes well for buyers and sellers alike.”
News Facts
- The 30-year FRM averaged 6.72% as of July 31, 2025, down slightly from last week when it averaged 6.74%. A year ago at this time, the 30-year FRM averaged 6.73%.
- The 15-year FRM averaged 5.85%, down from last week when it averaged 5.87%. A year ago at this time, the 15-year FRM averaged 5.99%.
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:
Mollie Laniado
(571) 382-1784
Mollie_Laniado@FreddieMac.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8c6977c9-a989-4b04-93a6-53d03f9f4555
Primary Mortgage Market Survey®
U.S. weekly average mortgage rates as of 07/31/2025
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
