Freddie Mac: 30-year fixed mortgage rate averages 6.53% in latest survey
FEDERAL HOME LOAN MORTGAGE CORP
FEDERAL HOME LOAN MORTGAGE CORP FMCC | 0.00 |
- Freddie Mac’s weekly survey showed the 30-year fixed-rate mortgage averaged 6.53% as of May 28, up from 6.51% last week.
- The 15-year fixed-rate mortgage averaged 5.87%, up from 5.85% a week earlier.
- The 30-year rate stood at 6.89% a year earlier, pointing to modest year-on-year easing in borrowing costs.
- The report flagged rising pending home sales for a third straight month, signaling demand could strengthen if rates fall.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Freddie Mac - Federal Home Loan Mortgage Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605281200PRIMZONEFULLFEED9728275) on May 28, 2026, and is solely responsible for the information contained therein.
