Freddie Mac (FMCC) Reports 30-year FRM Average Increased to 5.23%

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Mortgage Rates Increase

June 9, 2022 10:00 AM EDT

MCLEAN, Va., June 09, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 5.23 percent.

After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data, said Sam Khater, Freddie Macs Chief... More