• Freddie Mac PMMS showed the 30-year fixed-rate mortgage averaged 6.52% this week, up from 6.48% last week.
• The 30-year rate was 6.84% a year earlier, pointing to lower borrowing costs versus last year despite the weekly uptick.
• The 15-year fixed-rate mortgage averaged 5.84%, rising from 5.79% last week.
• Chief economist Sam Khater cited stronger employment momentum, noting existing home sales reached a five-month high.
• Khater said buyers are looking past short-term rate swings, signaling renewed confidence in homeownership demand.

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 on June 11, 2026, and is solely responsible for the information contained therein.