Freddie Mac released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage averaged 6.18%. Chief Economist Sam Khater stated the average rate decreased, offering a gift for homebuyers. The 15-year FRM averaged 5.50%, up from last week. The PMMS focuses on conventional, conforming, fully amortizing home purchase loans. Freddie Mac’s mission is to make home possible for families nationwide. Since 1970, they have helped millions of families with housing needs. For more information, visit their website.

Read more at GlobeNewswire: Heading into the Christmas Holiday, Rates Dip Lower