Mortgage Rates Continue to Rise
Freddie Mac (FMCC) reported an increase in mortgage rates for the second consecutive week. The 30-year fixed-rate mortgage averaged 6.85%, up from 6.72% last week and higher than the 6.61% recorded a year ago. The 15-year fixed-rate mortgage rose to 6.0% from 5.92% last week, compared to 5.93% a year ago.
Chief Economist Sam Khater noted a slight improvement in new and existing home sales but highlighted persistent market challenges due to housing undersupply. Despite these challenges, a strong economy could potentially boost purchase activity in the new year.
Freddie Mac (FMCC) ha riportato un aumento dei tassi ipotecari per la seconda settimana consecutiva. Il mutuo a tasso fisso a 30 anni ha registrato una media del 6,85%, in aumento rispetto al 6,72% della settimana scorsa e superiore al 6,61% di un anno fa. Il mutuo a tasso fisso a 15 anni è salito al 6,0% rispetto al 5,92% della settimana scorsa, rispetto al 5,93% di un anno fa.
Il Chief Economist Sam Khater ha osservato un leggero miglioramento nelle vendite di case nuove ed esistenti, ma ha sottolineato le sfide persistenti del mercato a causa della carenza di abitazioni. Nonostante queste difficoltà, un'economia forte potrebbe potenzialmente stimolare l'attività di acquisto nel nuovo anno.
Freddie Mac (FMCC) informó un aumento en las tasas hipotecarias por segunda semana consecutiva. La hipoteca a tasa fija a 30 años promedió 6.85%, un incremento desde el 6.72% de la semana pasada y más alto que el 6.61% registrado hace un año. La hipoteca a tasa fija a 15 años aumentó al 6.0% desde el 5.92% de la semana pasada, en comparación al 5.93% del año pasado.
El economista en jefe Sam Khater observó una ligera mejora en las ventas de viviendas nuevas y existentes, pero destacó los desafíos constantes del mercado debido a la escasez de viviendas. A pesar de estos desafíos, una economía fuerte podría potencialmente impulsar la actividad de compra en el nuevo año.
프레디 맥(FMCC)는 2주 연속 주택 담보 대출 금리가 상승했다고 보고했습니다. 30년 고정금리 모기지는 평균 6.85%로, 지난 주의 6.72%에서 상승했으며, 작년의 6.61%보다 높습니다. 15년 고정금리 모기지는 지난 주의 5.92%에서 6.0%로 상승했으며, 작년의 5.93%와 비교됩니다.
수석 경제학자 샘 카터는 신규 및 기존 주택 판매의 약간의 개선을 언급했지만, 주택 공급 부족으로 인한 지속적인 시장 도전 과제를 강조했습니다. 이러한 도전에도 불구하고, 강한 경제는 새해에 구매 활동을 증가시킬 가능성이 있습니다.
Freddie Mac (FMCC) a signalé une augmentation des taux hypothécaires pour la deuxième semaine consécutive. Le prêt hypothécaire à taux fixe de 30 ans a atteint une moyenne de 6,85 %, en hausse par rapport à 6,72 % la semaine dernière et supérieur à 6,61 % enregistré l'année dernière. Le prêt hypothécaire à taux fixe de 15 ans a augmenté à 6,0 % contre 5,92 % la semaine dernière, par rapport à 5,93 % il y a un an.
Le chef économiste Sam Khater a noté une légère amélioration des ventes de maisons neuves et existantes, mais a souligné les défis persistants du marché en raison de la pénurie de logements. Malgré ces défis, une économie forte pourrait potentiellement stimuler l'activité d'achat dans la nouvelle année.
Freddie Mac (FMCC) hat einen Anstieg der Hypothekenzinsen für die zweite Woche in Folge gemeldet. Die 30-jährigen Festzinshypothek hatte einen Durchschnitt von 6,85%, ein Anstieg von 6,72% in der letzten Woche und höher als die 6,61%, die vor einem Jahr aufgezeichnet wurden. Die 15-jährigen Festzinshypothek stieg auf 6,0% von 5,92% in der letzten Woche, im Vergleich zu 5,93% im vergangenen Jahr.
Chef-Ökonom Sam Khater bemerkte eine leichte Verbesserung bei den Verkäufen von neuen und bestehenden Wohnungen, wies jedoch auf die anhaltenden Herausforderungen des Marktes aufgrund des Wohnungsangebots hin. Trotz dieser Herausforderungen könnte eine starke Wirtschaft die Kaufaktivitäten im neuen Jahr potenziell ankurbeln.
- Slight improvement reported in new and existing home sales
- Strong economic conditions could boost purchase activity
- 30-year FRM increased to 6.85% from 6.72% week-over-week
- 15-year FRM rose to 6.0% from 5.92% week-over-week
- Mortgage rates higher than year-ago levels
- Market faces persistent undersupply of homes
MCLEAN, Va., Dec. 26, 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 6.85 percent.
“Mortgage rates increased for the second straight week, rebounding after a decline from earlier this month,” said Sam Khater, Freddie Mac’s Chief Economist. “While a slight improvement in new and existing home sales is encouraging, the market remains plagued by an overwhelming undersupply of homes. A strong economy can help build momentum heading into the new year and potentially boost purchase activity.”
News Facts
- The 30-year FRM averaged 6.85 percent as of December 26, 2024, up from last week when it averaged 6.72 percent. A year ago at this time, the 30-year FRM averaged 6.61 percent.
- The 15-year FRM averaged 6.0 percent, up from last week when it averaged 5.92 percent. A year ago at this time, the 15-year FRM averaged 5.93 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:
Mollie Laniado
(571)382-1784
Mollie_Laniado@FreddieMac.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0912513b-02a3-4155-963f-3ad39df6e78c
FAQ
What are the current 30-year mortgage rates for Freddie Mac (FMCC)?
How do FMCC's current mortgage rates compare to last year?
What is the current 15-year fixed-rate mortgage rate for FMCC?
What challenges does Freddie Mac (FMCC) identify in the current housing market?
