Freddie Mac: 30-year fixed mortgage rate falls to 6.47% in latest survey

FEDERAL HOME LOAN MORTGAGE CORP

FEDERAL HOME LOAN MORTGAGE CORP

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  • Freddie Mac PMMS showed the 30-year fixed-rate mortgage averaged 6.47% as of June 18, down from 6.52% last week.
  • The 15-year fixed-rate mortgage averaged 5.81%, down from 5.84% the prior week.
  • Year-ago comparisons pointed to easing borrowing costs, with the 30-year at 6.81% and the 15-year at 5.96%.
  • Chief Economist Sam Khater cited improving retail sales, strengthening pending home sales, and modestly improving purchase 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 via GlobeNewswire (Ref. ID: 202606181200PRIMZONEFULLFEED9749334) on June 18, 2026, and is solely responsible for the information contained therein.

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