Mortgage Rates Decrease to Lowest Level in Over a Year
Freddie Mac's latest Primary Mortgage Market Survey® reveals a significant drop in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.47%, down from 6.73% last week and 6.96% a year ago. The 15-year FRM also decreased to 5.63% from 5.99% last week and 6.34% a year ago. This decline, attributed to a less favorable employment report and financial market turbulence, marks the lowest rates in over a year.
Chief Economist Sam Khater notes that this drop could increase homebuyers' purchasing power and stimulate interest in the housing market. Additionally, it presents refinancing opportunities for existing homeowners, with the refinance share of mortgage applications reaching nearly 42%, the highest since March 2022.
L'ultimo Indagine sul Mercato dei Mutui Primari di Freddie Mac rivela un notevole calo dei tassi di interesse sui mutui, con il mutuo fisso a 30 anni (FRM) che si attesta in media al 6.47%, in diminuzione rispetto al 6.73% della settimana scorsa e al 6.96% di un anno fa. Anche il FRM a 15 anni è sceso a 5.63% rispetto al 5.99% della settimana scorsa e al 6.34% di un anno fa. Questa diminuzione, attribuita a un rapporto occupazionale meno favorevole e a turbolenze nei mercati finanziari, segna i tassi più bassi da oltre un anno.
Il Chief Economist Sam Khater osserva che questo calo potrebbe aumentare il potere d'acquisto degli acquirenti di abitazioni e stimolare l'interesse per il mercato immobiliare. Inoltre, offre opportunità di rifinanziamento per i proprietari esistenti, con la quota di richieste di mutuo per rifinanziamento che raggiunge quasi il 42%, il valore più alto da marzo 2022.
La última Encuesta del Mercado de Hipotecas Primarias de Freddie Mac revela una caída significativa en las tasas hipotecarias, con la hipoteca a tasa fija a 30 años (FRM) promediando 6.47%, bajando del 6.73% de la semana pasada y del 6.96% de hace un año. La FRM a 15 años también disminuyó a 5.63% desde el 5.99% de la semana pasada y el 6.34% de hace un año. Este descenso, atribuido a un informe de empleo menos favorable y a la turbulencia en los mercados financieros, marca las tasas más bajas en más de un año.
El Economista Jefe Sam Khater señala que esta caída podría aumentar el poder adquisitivo de los compradores de viviendas y estimular el interés en el mercado de la vivienda. Además, presenta oportunidades de refinanciamiento para los propietarios existentes, con la participación de solicitudes de hipoteca por refinanciamiento alcanzando casi el 42%, el nivel más alto desde marzo de 2022.
프레디 맥(Freddie Mac)의 최신 주택 담보 대출 시장 조사에 따르면 30년 고정 금리가 평균 6.47%로, 지난 주 6.73%와 작년 6.96%에서 하락했습니다. 15년 고정 금리 역시 지난 주 5.99%에서 5.63%으로 감소하였습니다. 이러한 하락은 덜 유리한 고용 보고서와 금융 시장의 불안정성에 기인하며, 1년 이상 만에 가장 낮은 금리를 기록하였습니다.
최고 경제학자 샘 카터(Sam Khater)는 이번 하락이 주택 구매자의 구매력을 증가시키고 주택 시장에 대한 관심을 자극할 수 있다고 언급했습니다. 또한, 기존 주택 소유자에게는 재융자 기회를 제공하며, 재융자 신청 비율이 42%에 가까워지는 등 2022년 3월 이후 가장 높은 수치를 기록했습니다.
Le dernier Rapport sur le Marché Hypothécaire Principal de Freddie Mac révèle une baisse significative des taux hypothécaires, le prêt hypothécaire à taux fixe de 30 ans (FRM) s'élevant à 6.47%, en baisse par rapport à 6.73% la semaine dernière et 6.96% il y a un an. Le FRM à 15 ans a également diminué à 5.63%, contre 5.99% la semaine dernière et 6.34% il y a un an. Ce déclin, attribué à un rapport sur l'emploi moins favorable et à des turbulences financières, marque les taux les plus bas depuis plus d'un an.
Le chef économiste Sam Khater note que cette baisse pourrait accroître le pouvoir d'achat des acheteurs de maisons et stimuler l'intérêt pour le marché immobilier. De plus, elle offre des opportunités de refinancement pour les propriétaires existants, le pourcentage des demandes de prêt hypothécaire pour refinancement atteignant près de 42%, le plus haut niveau depuis mars 2022.
Die jüngste Umfrage von Freddie Mac zum Primärhypothekenmarkt zeigt einen erheblichen Rückgang der Hypothekenzinsen, wobei das 30-jährige festverzinsliche Darlehen (FRM) im Durchschnitt 6.47% beträgt, im Vergleich zu 6.73% in der vergangenen Woche und 6.96% vor einem Jahr. Auch das 15-jährige FRM ist auf 5.63% gesunken, von 5.99% in der letzten Woche und 6.34% vor einem Jahr. Dieser Rückgang, der auf einen weniger günstigen Beschäftigungsbericht und Turbulenzen auf den Finanzmärkten zurückzuführen ist, markiert die niedrigsten Zinsen seit über einem Jahr.
Chefvolkswirt Sam Khater merkt an, dass dieser Rückgang die Kaufkraft der Hauskäufer erhöhen und das Interesse am Wohnungsmarkt ankurbeln könnte. Außerdem bietet er Refinanzierungsmöglichkeiten für bestehende Hausbesitzer, wobei der Anteil der Refinanzierungsanträge fast 42% erreicht hat, der höchste Stand seit März 2022.
- Mortgage rates decreased significantly, with 30-year FRM at 6.47% and 15-year FRM at 5.63%
- Rates are at their lowest level in over a year
- Refinance share of mortgage applications reached 42%, highest since March 2022
- Lower rates could increase homebuyers' purchasing power and stimulate market interest
- Less favorable employment report mentioned
- Financial market turbulence noted
MCLEAN, Va., Aug. 08, 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 6.47 percent.
“Mortgage rates plunged this week to their lowest level in over a year following the likely overreaction to a less than favorable employment report and financial market turbulence for an economy that remains on solid footing," said Sam Khater, Freddie Mac's Chief Economist. "The decline in mortgage rates does increase prospective homebuyers’ purchasing power and should begin to pique their interest in making a move. Additionally, this drop in rates is already providing some existing homeowners the opportunity to refinance, with the refinance share of market mortgage applications reaching nearly 42 percent, the highest since March 2022.”
News Facts
- The 30-year FRM averaged 6.47 percent as of August 8, 2024, down from last week when it averaged 6.73 percent. A year ago at this time, the 30-year FRM averaged 6.96 percent.
- The 15-year FRM averaged 5.63 percent, down from last week when it averaged 5.99 percent. A year ago at this time, the 15-year FRM averaged 6.34 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 | Twitter | 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/f18d2ec2-1c65-47df-ae46-40c4cd76a74c
FAQ
What is the current 30-year fixed-rate mortgage average according to Freddie Mac (FMCC)?
How much has the 30-year FRM rate decreased compared to last week for Freddie Mac (FMCC)?
What is the current 15-year fixed-rate mortgage average reported by Freddie Mac (FMCC)?
What percentage of mortgage applications are for refinancing according to Freddie Mac's (FMCC) report?
