<img src="https://ml.globenewswire.com/Resource/Download/5db16bc5-4d31-4b84-b9f1-91e20149dc96?size=2" nborder="0" align="left" hspace="5" vspace="5" title="Freddie Mac logo.jpg" alt="Freddie Mac"/><div style="float:right;padding:0 0 15px 20px;margin:15px 0 20px 20px;width:300px">
 Primary Mortgage Market Survey®
 <figure>
 <img src="https://ml.globenewswire.com/Resource/Download/770e35a5-ede2-4367-baf6-0491f20aabea" title="Primary Mortgage Market Survey®" alt="U.S. weekly average mortgage rates as of 06/04/2026" />
 <figcaption>U.S. weekly average mortgage rates as of 06/04/2026</figcaption>
 </figure>
</div>MCLEAN, Va., June 04, 2026 (GLOBE NEWSWIRE) -- <a href="http://www.freddiemac.com/" rel="nofollow" target="_blank" title="">Freddie Mac</a> (OTCQB: FMCC) today released the results of its <a href="https://www.freddiemac.com/pmms" rel="nofollow" target="_blank" title="">Primary Mortgage Market Survey</a><a href="https://www.freddiemac.com/pmms" rel="nofollow" target="_blank" title="">®</a> (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.48%. “The 30-year fixed-rate mortgage decreased to 6.48% this week,” said Sam Khater, Freddie Mac’s Chief Economist. “With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving.” News Facts <ul type="disc"><li style="margin-bottom:12pt;">The <a href="https://www.freddiemac.com/pmms/pmms_archives" rel="nofollow" target="_blank" title="">30-year FRM</a> averaged 6.48% as of June 4, 2026, down from last week when it averaged 6.53%. A year ago at this time, the 30-year FRM averaged 6.85%.</li><li style="margin-bottom:10pt;">The <a href="https://www.freddiemac.com/pmms/pmms_archives" rel="nofollow" target="_blank" title="">15-year FRM</a> averaged 5.79%, down from last week when it averaged 5.87%. A year ago at this time, the 15-year FRM averaged 5.99%.</li></ul> The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our <a href="https://www.freddiemac.com/pmms/pmms_faqs" rel="nofollow" target="_blank" title="Frequently Asked Questions">Frequently Asked Questions</a>. Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: <a href="https://www.freddiemac.com/" rel="nofollow" target="_blank" title="">Website</a> | <a href="https://myhome.freddiemac.com/blog" rel="nofollow" target="_blank" title="">Consumers</a> | <a href="https://x.com/FreddieMac" rel="nofollow" target="_blank" title="">X</a> | <a href="https://www.linkedin.com/company/freddie-mac/" rel="nofollow" target="_blank" title="">LinkedIn</a> | <a href="https://www.facebook.com/FreddieMac" rel="nofollow" target="_blank" title="">Facebook</a> | <a href="https://www.instagram.com/freddiemaccorp/?hl=en" rel="nofollow" target="_blank" title="">Instagram</a> | <a href="https://www.youtube.com/freddiemaccorp" rel="nofollow" target="_blank" title="">YouTube</a> MEDIA CONTACT: Kate Hartig (703) 903-3802 Kate_Hartig@FreddieMac.com A photo accompanying this announcement is available at <a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/770e35a5-ede2-4367-baf6-0491f20aabea" rel="nofollow" target="_blank" title="">https://www.globenewswire.com/NewsRoom/AttachmentNg/770e35a5-ede2-4367-baf6-0491f20aabea</a> <img alt="" src='https://ml.globenewswire.com/media/YjYzNDNlMTQtZDcwZi00OGEwLWFmMDAtN2QwZDhjOTlkMmY2LTEwOTI3MjctMjAyNi0wNi0wNC1lbg==/tiny/Freddie-Mac.png' referrerpolicy='no-referrer-when-downgrade' />

GlobeNewswire Inc.

Mortgage Rates Decrease to 6.48%

Latest news from the world of business and finance – both local and global

MONEY FM 89.3 is Singapore's first and only Business and Personal Finance station, featuring local and international business and financial news.

MONEY FM 89.3

Discover newsletters from our DJs on LinkedIn