“Mortgage rates continue to tick down and, as a result, home purchase demand is thawing from the months-long freeze that gripped the housing market,” said
News Facts
- 30-year fixed-rate mortgage averaged 6.13 percent as of
January 26, 2023 , down from last week when it averaged 6.15 percent. A year ago at this time, the 30-year FRM averaged 3.55 percent. - 15-year fixed-rate mortgage averaged 5.17 percent, down from last week when it averaged 5.28 percent. A year ago at this time, the 15-year FRM averaged 2.80 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.
MEDIA CONTACT:
703-714-0644
Angela_Waugaman@FreddieMac.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/037336ab-fc85-446d-b139-33cc4ab867bc
Primary Mortgage Market Survey®
U.S. weekly average mortgage rates as of 01/26/2023
2023 GlobeNewswire, Inc., source