“While mortgage rates have resumed their decline, the market remains hypersensitive to rate movements, with purchase demand experiencing large swings relative to small changes in rates,” said
News Facts
- 30-year fixed-rate mortgage averaged 6.33 percent as of
January 12, 2023 , down from last week when it averaged 6.48 percent. A year ago at this time, the 30-year FRM averaged 3.45 percent. - 15-year fixed-rate mortgage averaged 5.52 percent, down from last week when it averaged 5.73 percent. A year ago at this time, the 15-year FRM averaged 2.62 percent.
The PMMS is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. For more information, view our Frequently Asked Questions.
MEDIA CONTACT:
703-714-0644
Angela_Waugaman@FreddieMac.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/37e1e3f2-79c8-42b5-a91d-222320296997
![](https://ml.globenewswire.com/media/NTU3ZjY2ODItYjI5NS00NmNhLTlkZGEtODg1NTUzNzIyZjRlLTEwOTI3Mjc=/tiny/Freddie-Mac.png)
Primary Mortgage Market Survey®
![](https://ml.globenewswire.com/media/37e1e3f2-79c8-42b5-a91d-222320296997/medium/primary-mortgage-market-survey.jpeg)
U.S. weekly average mortgage rates as of 1/12/2023
2023 GlobeNewswire, Inc., source