Mortgage Rates Drop to their Lowest Level Since February 2023
Freddie Mac's latest Primary Mortgage Market Survey® reveals a significant drop in mortgage rates, with the 30-year fixed-rate mortgage (FRM) averaging 6.20%, the lowest since February 2023. This represents a decline of over half a percent in the past six weeks. The 15-year FRM also decreased to 5.27%.
Despite the improving rate environment, Chief Economist Sam Khater notes that potential buyers remain hesitant due to high house prices and persistent supply shortages. Compared to a year ago, both 30-year and 15-year FRMs show substantial decreases from 7.18% and 6.51%, respectively.
Il nuovo Primary Mortgage Market Survey® di Freddie Mac rivela una significativa diminuzione dei tassi ipotecari, con il mutuo a tasso fisso di 30 anni (FRM) che si attesta in media al 6,20%, il valore più basso da febbraio 2023. Questo rappresenta un calo di oltre mezzo punto percentuale nelle ultime sei settimane. Anche il FRM a 15 anni è diminuito, raggiungendo il 5,27%.
Nonostante il miglioramento dell'ambiente dei tassi, il Chief Economist Sam Khater osserva che gli acquirenti potenziali rimangono titubanti a causa dei prezzi elevati delle case e delle persistenti carenze di offerta. Rispetto a un anno fa, sia i FRM a 30 anni che a 15 anni mostrano sostanziali diminuzioni, passando rispettivamente dal 7,18% e dal 6,51%.
La última Encuesta del Mercado Hipotecario Primario de Freddie Mac revela una caída significativa en las tasas hipotecarias, con la hipoteca a tasa fija de 30 años (FRM) que promedia 6.20%, el nivel más bajo desde febrero de 2023. Esto representa una disminución de más de medio punto porcentual en las últimas seis semanas. La FRM a 15 años también se redujo a 5.27%.
A pesar de la mejora en el entorno de tasas, el Economista Jefe Sam Khater señala que los compradores potenciales siguen siendo reacios debido a los altos precios de las viviendas y las persistentes escaseces de suministro. En comparación con hace un año, tanto las FRM a 30 años como a 15 años muestran disminuciones sustanciales desde el 7.18% y el 6.51%, respectivamente.
프레디 맥(Freddie Mac)의 최신 주요 주택 담보 대출 시장 조사에 따르면, 30년 고정 금리 모기지(FRM)의 평균 금리가 6.20%로, 2023년 2월 이후 최저치를 기록했습니다. 이는 지난 6주간 0.5%가 넘는 하락을 나타냅니다. 15년 FRM도 5.27%로 감소했습니다.
금리가 개선되고 있음에도 불구하고, 수석 경제학자인 샘 카터(Sam Khater)는 잠재적 구매자들이 여전히 주저하고 있다고 언급합니다. 이는 높은 주택 가격과 지속적인 공급 부족 때문입니다. 1년 전과 비교할 때, 30년 및 15년 FRM은 각각 7.18% 및 6.51%에서 큰 하락을 보였습니다.
La dernière Enquête sur le marché hypothécaire primaire de Freddie Mac révèle une baisse significative des taux hypothécaires, avec l'hypothèque à taux fixe de 30 ans (FRM) atteignant en moyenne 6,20%, le niveau le plus bas depuis février 2023. Cela représente un recul de plus de 0,5 point de pourcentage au cours des six dernières semaines. Le FRM de 15 ans a également diminué, tombant à 5,27%.
Malgré l'amélioration de l'environnement des taux, l'économiste en chef Sam Khater souligne que les acheteurs potentiels restent hésitants en raison des prix élevés des maisons et de la pénurie persistante d'offre. Par rapport à l'année précédente, les FRM de 30 et 15 ans montrent des baisses substantielles par rapport à 7,18 % et 6,51 % respectivement.
Die neueste Primär-Hypothekenmarkt-Umfrage von Freddie Mac zeigt einen signifikanten Rückgang der Hypothekenzinsen, wobei die 30-jährigen Festzins-Hypothek (FRM) im Durchschnitt bei 6,20% liegt, dem niedrigsten Stand seit Februar 2023. Dies stellt einen Rückgang von über einem halben Prozent in den letzten sechs Wochen dar. Auch der 15-jährige FRM ist auf 5,27% gesunken.
Trotz des verbesserten Zinsumfelds weist Chefökonom Sam Khater darauf hin, dass potenzielle Käufer zögerlich bleiben, aufgrund der hohen Immobilienpreise und anhaltenden Angebotsengpässe. Im Vergleich zum Vorjahr zeigen sowohl die 30-jährigen als auch die 15-jährigen FRMs erhebliche Rückgänge von 7,18% bzw. 6,51%.
- 30-year fixed-rate mortgage dropped to 6.20%, the lowest since February 2023
- 15-year fixed-rate mortgage decreased to 5.27%
- Mortgage rates have fallen more than half a percent over the last six weeks
- Current rates are significantly lower compared to a year ago (30-year FRM: 7.18%, 15-year FRM: 6.51%)
- Potential buyers remain hesitant despite improving mortgage rates
- High house prices continue to be a barrier for prospective buyers
- Persistent supply shortages in the housing market
MCLEAN, Va., Sept. 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 6.20 percent.
“Mortgage rates have fallen more than half a percent over the last six weeks and are at their lowest level since February 2023,” said Sam Khater, Freddie Mac’s Chief Economist. “Rates continue to soften due to incoming economic data that is more sedate. But despite the improving mortgage rate environment, prospective buyers remain on the sidelines, as they negotiate a combination of high house prices and persistent supply shortages.”
News Facts
- The 30-year FRM averaged 6.20 percent as of September 12, 2024, down from last week when it averaged 6.35 percent. A year ago at this time, the 30-year FRM averaged 7.18 percent.
- The 15-year FRM averaged 5.27 percent, down from last week when it averaged 5.47 percent. A year ago at this time, the 15-year FRM averaged 6.51 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/fff2cd22-3ba4-4ca0-bcce-d66bb3326318
FAQ
What is the current 30-year fixed-rate mortgage average according to Freddie Mac (FMCC)?
How much has the 30-year fixed-rate mortgage (FMCC) dropped in the past six weeks?
What factors are keeping potential buyers hesitant despite lower mortgage rates, according to Freddie Mac (FMCC)?
How does the current 15-year fixed-rate mortgage compare to last year's rate, as reported by Freddie Mac (FMCC)?
