“Mortgage rates jumped this week, as a buoyant economy has prompted the market to price-in the likelihood of another
News Facts
- 30-year fixed-rate mortgage averaged 6.79 percent as of
June 1, 2023 , up from last week when it averaged 6.57 percent. A year ago at this time, the 30-year FRM averaged 5.09 percent. - 15-year fixed-rate mortgage averaged 6.18 percent, up from last week when it averaged 5.97 percent. A year ago at this time, the 15-year FRM averaged 4.32 percent.
The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. For more information, view our Frequently Asked Questions.
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703-714-0644
Angela_Waugaman@FreddieMac.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5adeee2f-268f-439b-9933-85832b3c29e7
Primary Mortgage Market Survey®
U.S. weekly average mortgage rates as of 6/1/2023.
2023 GlobeNewswire, Inc., source