Freddie Mac: 30-year fixed mortgage rate averages 6.53% in latest survey

FEDERAL HOME LOAN MORTGAGE CORP

FEDERAL HOME LOAN MORTGAGE CORP

FMCC

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  • 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.