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Housing and Economic Research

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  • Consumer Research | November 21, 2019

    New Survey Shows Generation Z Ambitious Yet Realistic About Homeownership

    The dream of homeownership is alive and well within “Generation Z,” the demographic cohort following Millennials, according to a pioneering new survey from Freddie Mac. More

    Graphic showing 86% of Gen Z want to own a home somebday
  • Forecast | October 31, 2019

    Housing Market Remains Strong While Economic Slowdown Looms

    September was the most volatile month for mortgage rates since the beginning of 2018 with an average week to week change of 11 basis points for the 30-year fixed rate mortgage. More

    Table chart of Forecast: October 2019 Snapshot
  • Insight | October 2, 2019

    Proximity to a Metro Rail Station and Its Impact on Washington, DC Metropolitan House Prices: Amenity or Not?

    Location, Location, Location are the three magic words when it comes to real estate. Everyone shops for the “right location” when buying a home, but determining the right location varies tremendously from buyer to buyer. More

    Exhibit 1: House sales prices relative to their distance to the nearest Metro station ($2017)
  • Forecast | September 30, 2019

    Housing to Remain Strong Heading into the Fall

    Though mortgage rates jumped in September, they remain down from where they were a year ago. The U.S. weekly average 30-year fixed-rate mortgage was 3.64% for the week ending September 26th, down 1.08 percentage points from a year earlier. More

    Table chart of Forecast: September 2019 Snapshot
  • Forecast | August 28, 2019

    Low Mortgage Rates, Strong Labor Market Fueling Housing Market

    The recent decline in mortgage rates stem from the on-going global trade disputes and weakening global economy, which have led to a drop in long term interest rates in most countries. Despite the negative impacts of trade and the deteriorating global economy, the domestic U.S. economy continues to grow and the three-year low in mortgage rates has poised housing to reaccelerate. More

    Table chart of Forecast: August 2019 Snapshot
  • Forecast | July 30, 2019

    Housing Market Sees Increased Momentum Due to Low Mortgage Rates

    During the last week of May, the 30-year fixed-rate mortgage dipped below 4.0% and has remained there amid concerns over trade disputes, a possible economic slowdown, and market anticipation of a Federal Reserve interest rate cut. More

    Table chart of Forecast: June 2019 Snapshot

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Opinions, estimates, forecasts, and other views contained in this document are those of Freddie Mac’s economists and other researchers, do not necessarily represent the views of Freddie Mac or its management, and should not be construed as indicating Freddie Mac’s business prospects or expected results. Although the authors attempt to provide reliable, useful information, they do not guarantee that the information or other content in this document is accurate, current or suitable for any particular purpose. All content is subject to change without notice. All content is provided on an “as is” basis, with no warranties of any kind whatsoever. Information from this document may be used with proper attribution. Alteration of this document or its content is strictly prohibited. ©2025 by Freddie Mac.

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Primary Mortgage Market Survey®

Average Rates as of May 8, 2025
30-Yr FRM
6.76%
15-Yr FRM
5.89%

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