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Q2 2025 Financial Results

Our performance is providing liquidity and stability to the housing market

Develop the Developer℠ Program

Freddie Mac is connecting aspiring developers with tools and resources to build up their own communities.

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Single-Family

Our Single-Family Division keeps mortgage capital flowing by purchasing mortgage loans from lenders so they in turn can provide financing options to qualified borrowers.

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Our Multifamily Division provides liquidity and stability to the rental housing market, improving access to quality, affordable housing.

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Peter Lillestolen
MultifamilySeptember 3, 2025

How We Are Working to Increase the Multifamily Housing Supply

Read More

OutlookJanuary 24, 2025

Economic, Housing and Mortgage Market Outlook – January 2025

Read More

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Economic and Housing Research

Original research and analysis on housing trends, the economy and the mortgage market

  • Outlook | January 22, 2024

    Economic, Housing and Mortgage Market Outlook – January 2024 | Spotlight: Discount Points

    While the economy continues to expand and added 2.7 million jobs in 2023, signs point to a normalization in the labor market as job growth is expected to moderate in 2024. More

    2023: PMMS profile borrowers paid about 10% less points compared to all purchase borrowers
  • Spotlight | December 20, 2023

    The Year in Review: Top Three Trends of 2023

    Our recap of 2023 spotlights the three key trends that defined the year: resilient consumers, the rate lock-in effect and a rebound in house prices. More

    Average mortgage rate lock-in effect
  • Outlook | December 20, 2023

    Economic, Housing and Mortgage Market Outlook – December 2023

    Bolstered by resilient consumer spending and investment, the U.S. economy expanded in 2023, defying expectations of a recession. More

    Bolstered by resilient consumer spending and investment, the U.S. economy expanded in 2023, defying expectations of a recession.
  • Spotlight | November 21, 2023

    Young Adult Homebuyers are Cracking the Homeownership Code

    Despite affordability challenges, young adult first-time homebuyers have been a dominant driver of the housing, getting help from co-borrowers aged 55+. More

    Share of FTHB young adult borrowers with co-borrower aged 55+
  • Outlook | November 21, 2023

    Economic, Housing and Mortgage Market Outlook – November 2023

    Economic growth remained strong in Q3, primarily due to solid consumer spending. We expect the economy to slow down as the full impact of higher interest rates is felt. More

    Q1 2023: 2.5% FTHB young adult borrowers with co-borrower aged 55+
  • Spotlight | October 20, 2023

    Millennial Household Formation — Potential for Another 2 Million Households

    Millennials are not forming households at the same rate and age as Boomers and Gen Xers. If they had, there would be 2 million more households today. More

    U.S. population by age 2022

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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 September 11, 2025
30-Yr FRM
6.35%
15-Yr FRM
5.50%

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