Freddie Mac reports fourth consecutive week of mortgage rate decline

MCLEAN, Va. - Mortgage rates continued their downward trend for the fourth straight week, with the 30-year fixed-rate mortgage averaging 6.17% as of Thursday, according to Freddie Mac’s Primary Mortgage Market Survey.

The current 30-year fixed-rate represents a slight decrease from last week’s average of 6.19% and a more substantial drop from the 6.72% recorded during the same period last year.

Similarly, the 15-year fixed-rate mortgage averaged 5.41%, down from 5.44% last week and significantly lower than the 5.99% rate from a year ago.

"The last few months have brought lower rates and homebuyers are increasingly entering the market," said Sam Khater, Freddie Mac’s Chief Economist, in the press release statement.

The survey focuses specifically on conventional, conforming home purchase loans for borrowers with 20% down payments and excellent credit profiles.

Freddie Mac, which trades under OTCQB:FMCC, serves as a major player in the U.S. housing finance system, promoting liquidity, stability, and affordability in the housing market throughout economic cycles. InvestingPro data shows FMCC currently trades at $10.09, with a market cap of $32.54 billion and a remarkable 685% return over the past year. According to InvestingPro’s analysis, the stock appears overvalued despite its "GOOD" Financial Health score of 2.74.

The company’s weekly mortgage rate survey has been a key industry benchmark since 1970, providing insights into mortgage rate trends that impact homebuyers and the broader housing market. With a beta of 2.09, FMCC exhibits high price volatility compared to the market. Investors seeking deeper insights can access comprehensive analysis in the Pro Research Report, available exclusively on InvestingPro, which covers this and over 1,400 other US equities with expert analysis and actionable intelligence.

In other recent news, Freddie Mac announced its financial results for the third quarter of 2025, highlighting a decrease in net income to $2.8 billion, which marks an 11% decline compared to the same period last year. However, the company reported a 9% rise in net interest income, reaching $5.5 billion. These figures offer a mixed view of the company’s financial performance, with increased interest income offset by lower net income. Investors are keeping a close eye on these developments as they assess the company’s financial health. The earnings report did not include any significant mergers or acquisitions during the quarter. Analysts from various firms have not yet provided any upgrades or downgrades following the earnings release. The company’s recent performance will likely be a focal point for investors and analysts in the coming weeks.

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