Mortgage Rates Continue to Drop
Freddie Mac (FMCC) reports a continued decline in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.60%, down from 6.69% last week and 6.95% a year ago. The 15-year FRM also decreased to 5.84% from 5.96% last week and 6.38% year-over-year.
Chief Economist Sam Khater notes that declining mortgage rates, strong consumer income growth, and a bullish stock market have boosted homebuyer demand. However, he cautions that housing market improvements remain due to persistent affordability challenges for homebuyers.
Freddie Mac (FMCC) riporta una continua discesa dei tassi ipotecari, con il mutuo a tasso fisso di 30 anni (FRM) che ha una media del 6,60%, in calo rispetto al 6,69% della scorsa settimana e al 6,95% di un anno fa. Anche il mutuo a tasso fisso di 15 anni (FRM) è sceso al 5,84% dal 5,96% della settimana scorsa e dal 6,38% rispetto all'anno precedente.
Il Capo Economista Sam Khater osserva che la diminuzione dei tassi ipotecari, la forte crescita del reddito dei consumatori e un mercato azionario ottimista hanno aumentato la domanda di acquisto di abitazioni. Tuttavia, mette in guardia che i miglioramenti del mercato immobiliare rimangono limitati a causa delle persistenti sfide di accessibilità per i compratori di case.
Freddie Mac (FMCC) informa sobre una continua disminución en las tasas hipotecarias, con la hipoteca a tasa fija a 30 años (FRM) promediando el 6,60%, bajando del 6,69% de la semana pasada y del 6,95% hace un año. La FRM a 15 años también se redujo al 5,84% desde el 5,96% de la semana anterior y el 6,38% interanual.
El Economista Jefe Sam Khater señala que la disminución de las tasas hipotecarias, el fuerte crecimiento de los ingresos de los consumidores y un mercado de valores optimista han impulsado la demanda de compradores de viviendas. Sin embargo, advierte que las mejoras en el mercado de la vivienda siguen siendo limitadas debido a los persistentes desafíos de asequibilidad para los compradores de casas.
프레디 맥 (FMCC)는 계속해서 주택담보대출 금리가 하락하고 있으며, 30년 고정 금리 주택담보대출 (FRM) 평균이 6.60%로, 지난주 6.69%와 1년 전 6.95%에서 하락했다고 보고했습니다. 15년 FRM도 5.84%로 감소했으며, 이는 지난주 5.96%와 작년 6.38%에서 하락한 것입니다.
수석 경제학자 샘 카터(Sam Khater)는 주택담보대출 금리 하락, 강력한 소비자 소득 증가, 그리고 긍정적인 주식 시장이 주택 구매 수요를 증가시켰다고 언급했습니다. 하지만 그는 주택 시장의 개선이 여전히 주택 구매자에게 지속적인 가격 접근성 문제로 인해 한계가 있다고 경고합니다.
Freddie Mac (FMCC) fait état d'une diminution continue des taux hypothécaires, avec le prêt hypothécaire à taux fixe de 30 ans (FRM) en moyenne à 6,60%, en baisse par rapport à 6,69% la semaine dernière et 6,95% l'année dernière. Le FRM de 15 ans a également diminué à 5,84% contre 5,96% la semaine précédente et 6,38% sur un an.
Le Chef économiste Sam Khater note que la baisse des taux hypothécaires, la forte croissance des revenus des consommateurs et un marché boursier haussier ont stimulé la demande des acheteurs de logements. Cependant, il met en garde que les améliorations du marché immobilier restent limitées en raison des défis persistants en matière d'accessibilité pour les acheteurs de maisons.
Freddie Mac (FMCC) berichtet von einem kontinuierlichen Rückgang der Hypothekenzinsen, wobei die 30-jährige feste Hypothek (FRM) mit 6,60% im Durchschnitt notiert, was einem Rückgang von 6,69% in der Vorwoche und 6,95% vor einem Jahr entspricht. Auch die 15-jährige FRM sank auf 5,84%, verglichen mit 5,96% in der Vorwoche und 6,38% im Jahresvergleich.
Chefökonom Sam Khater weist darauf hin, dass der Rückgang der Hypothekenzinsen, das starke Einkommenswachstum der Verbraucher und ein optimistischer Aktienmarkt die Nachfrage nach Wohnimmobilien erhöht haben. Er warnt jedoch, dass die Verbesserungen auf dem Wohnungsmarkt aufgrund von anhaltenden Erschwinglichkeitsproblemen für Käufer weiterhin begrenzt sind.
- Mortgage rates decreased for third consecutive week
- 30-year FRM dropped to 6.60% from 6.69% week-over-week
- 15-year FRM decreased to 5.84% from 5.96% week-over-week
- Both rates show significant year-over-year improvement
- Increased homebuyer demand reported due to favorable conditions
- Persistent affordability challenges limiting housing market improvement
- Homebuyers still facing significant affordability headwinds
MCLEAN, Va., Dec. 12, 2024 (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 6.60 percent.
“The 30-year fixed-rate mortgage decreased for the third consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “The combination of mortgage rate declines, firm consumer income growth and a bullish stock market have increased homebuyer demand in recent weeks. While the outlook for the housing market is improving, the improvement is limited given that homebuyers continue to face stiff affordability headwinds.”
News Facts
- The 30-year FRM averaged 6.60 percent as of December 12, 2024, down from last week when it averaged 6.69 percent. A year ago at this time, the 30-year FRM averaged 6.95 percent.
- The 15-year FRM averaged 5.84 percent, down from last week when it averaged 5.96 percent. A year ago at this time, the 15-year FRM averaged 6.38 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.
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability, affordability and equity in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube
MEDIA CONTACT:
Angela Waugaman
(703)714-0644
Angela_Waugaman@FreddieMac.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5b2e0375-50ca-4718-862a-1884f902106e
FAQ
What is the current 30-year fixed-rate mortgage rate for FMCC as of December 12, 2024?
How much has FMCC's 15-year fixed-rate mortgage rate decreased compared to last year?
What factors are driving increased homebuyer demand according to Freddie Mac's Chief Economist?
What is the main challenge in the housing market despite FMCC's lower mortgage rates?
