Freddie Mac: 30-year fixed mortgage rate slips to 6.65% in weekly survey - FMCC News | RalliesFreddie Mac: 30-year fixed mortgage rate slips to 6.65% in weekly survey
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FMCC• Freddie Mac weekly mortgage survey
- Freddie Mac PMMS showed the 30-year fixed-rate mortgage averaged 6.65% as of Aug. 20, down from 6.67% last week.
- The 15-year fixed-rate mortgage averaged 5.95%, easing from 5.96% a week earlier.
- Year-ago comparisons showed the 30-year rate at 6.58% and the 15-year rate at 5.69%, pointing to higher borrowing costs.
- The survey covers conventional, conforming, fully amortizing purchase loans with 20% down and excellent credit, limiting broader market read-through.
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