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News  ›  GlobeNewswire Inc.

Mortgage Rates Drop to Lowest Level in 2025

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Na
Mortgage Rates Drop to Lowest Level in 2025

Freddie Mac's Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 6.15% as of December 31, 2025, down from 6.18% the previous week and 6.91% a year ago. The 15-year FRM averaged 5.44%, also declining from 5.50% the prior week. Chief Economist Sam Khater noted this represents the lowest mortgage rate level in 2025, providing an encouraging outlook for homebuyers entering the new year.

Insights
FMCC   positive

Freddie Mac reported declining mortgage rates throughout 2025, with the 30-year FRM reaching its lowest level of the year at 6.15%. This trend is positive for the housing market and homebuyers, supporting Freddie Mac's mission to promote affordability and liquidity in housing. The downward rate trajectory heading into 2026 is presented as encouraging for potential homebuyers.