Mortgage rates decrease

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Mortgage Rates Continue to Decrease
Globenewswire· 2025-08-08 00:00
Primary Mortgage Market Survey® U.S. weekly average mortgage rates as of 08/07/2025 MCLEAN, Va., Aug. 07, 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 6.63%. “The 30-year fixed-rate mortgage dropped to its lowest level since April,” said Sam Khater, Freddie Mac’s Chief Economist. “The decline in rates increases prospective homebuyers’ purchasing power and our research s ...