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Freddie Mac CFO Discusses First Quarter 2025 Financial and Business Results

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Economic, Housing and Mortgage Market Outlook – January 2025

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Housing and Economic Research

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  • Outlook | May 22, 2023

    Economic, Housing and Mortgage Market Outlook – May 2023 | Spotlight: Inflation

    Recent data suggest the glass is more than half full: a growing economy, a strong labor market, and relatively resilient first-time homebuyer demand despite poor affordability. In this write-up, we summarize key recent developments, then provide our opinion on the outlook as well as a breakdown on the topic of inflation. More

    Residential investment's contribution to percent change in U.S. real gross domestic product
  • Research Brief | April 25, 2023

    Low-Income Homebuyers Are Less Likely to Migrate from Cities, More Likely to Miss Potential Cost Savings

    Since the start of the pandemic, low-income homebuyers are 25% less likely than moderate- and high-income homebuyers to move out of the top 25 largest metro areas, and those who don’t move may miss out on $1,800 per year in cost savings. More

    Net migration patterns for the largest metro areas.
  • Research Brief | March 23, 2023

    Housing Sentiment in the First Quarter of 2023

    In the first quarter of 2023, consumer confidence rebounds slightly while payment concerns and market activity remain largely unchanged. More

    How the confidence in the housing market has changed in the past two years
  • Research Brief | March 2, 2023

    In Today’s Housing Market, Renters Have More Financial Incentive to Migrate to More Affordable Metros than Homeowners

    First-time homebuyers’ incentives to move from a high-cost metro to a more affordable area are significantly higher in a higher interest rate environment, but existing homeowners have more incentive to stay put. More

    Monthly Savings by Moving to the Top Affordable Metro Compared to Staying in the Same Metro
  • Research Brief | February 16, 2023

    When Rates Are Higher, Borrowers Who Shop Around Save More

    As mortgage rates remain higher than in recent years, homebuyers can potentially save $600-$1,200 annually by applying for mortgages from multiple lenders. More

    Standard deviation in mortgage rates since 2020
  • Research Brief | January 24, 2023

    ADUs Can Increase Housing Stock, But Most Are Unfamiliar

    A recent Freddie Mac survey attempted to gauge familiarity and interest in accessory dwelling units. The general lack of familiarity underscores the need for additional education and dedicated financing options. More

    The top five reasons people would consider an ADU

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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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