Mortgage Rates Average 6.95%

Freddie Mac’s latest survey shows both 30-year and 15-year fixed mortgage rates higher than last week and one year ago.

Rhea-AI Summary

Freddie Mac (FMCC) reported that the 30-year fixed-rate mortgage averaged 6.95% in its Primary Mortgage Market Survey as of September 17, 2026.

This 30-year FRM rate rose from 6.76% the prior week and from 6.26% a year earlier. The 15-year fixed-rate mortgage averaged 6.26%, up from 6.09% last week and 5.41% a year ago. Freddie Mac’s PMMS focuses on conventional, conforming, fully amortizing home purchase loans with 20% down and excellent credit, providing a benchmark for current U.S. mortgage borrowing costs.

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MCLEAN, Va., Sept. 17, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey^® (PMMS^®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.95%.

“The 30-year fixed-rate mortgage continues to fluctuate as markets assess economic data,” said Sam Khater, Freddie Mac's Chief Economist.

News Facts

• The 30-year FRM averaged 6.95% as of September 17, 2026, up from last week when it averaged 6.76%. A year ago at this time, the 30-year FRM averaged 6.26%.
• The 15-year FRM averaged 6.26%, up from last week when it averaged 6.09%. A year ago at this time, the 15-year FRM averaged 5.41%.
  
  

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 Frequently Asked Questions.

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: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT:
Mollie Laniado
(571) 382-1784
Mollie_Laniado@FreddieMac.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/87828807-1fa0-4b58-874a-c8fc2a11fec5

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Freddie Mac report for the current 30-year fixed-rate mortgage?

Freddie Mac reported that the 30-year fixed-rate mortgage averaged 6.95% as of September 17, 2026. This compares with 6.76% the previous week and 6.26% at the same time a year earlier.

What are the latest 15-year fixed-rate mortgage averages in the survey?

The 15-year fixed-rate mortgage averaged 6.26%, up from 6.09% last week and from 5.41% a year ago, based on Freddie Mac’s Primary Mortgage Market Survey.

What types of loans does Freddie Mac’s Primary Mortgage Market Survey track?

The Primary Mortgage Market Survey focuses on conventional, conforming, fully amortizing home purchase loans for borrowers who make a 20% down payment and have excellent credit.