Freddie Mac (OTCQB: FMCC) reported in its latest Primary Mortgage Market Survey® that the average 30-year fixed-rate mortgage (FRM) was 6.69% as of August 6, 2026, up from 6.66% the prior week and 6.63% a year ago.
The 15-year FRM averaged 6.01%, slightly below 6.04% last week but above 5.75% a year earlier. According to Freddie Mac, the PMMS® tracks conventional, conforming, fully amortizing home purchase loans for borrowers with 20% down and excellent credit, and current rates continue to affect affordability as listing prices ease and for-sale inventory improves.
MCLEAN, Va., Aug. 06, 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 6.69%.
"The 30-year fixed-rate mortgage averaged 6.69% this week," said Sam Khater, Freddie Mac's Chief Economist. “While mortgage rates continue to influence affordability, the housing market is showing signs of adjustment, with listing prices modestly below year-ago levels and for-sale inventory improving from the limited supply seen in recent years.”
News Facts
The 30-year FRM averaged 6.69% as of August 6, 2026, up from last week when it averaged 6.66%. A year ago at this time, the 30-year FRM averaged 6.63%.
The 15-year FRM averaged 6.01%, down from last week when it averaged 6.04%. A year ago at this time, the 15-year FRM averaged 5.75%.
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
What is the latest average 30-year fixed mortgage rate reported by Freddie Mac (FMCC) on August 6, 2026?
The average 30-year fixed-rate mortgage was 6.69% as of August 6, 2026. According to Freddie Mac, this is up from 6.66% the previous week and 6.63% one year earlier, based on its Primary Mortgage Market Survey®.
How did the 15-year fixed mortgage rate change in the latest Freddie Mac (FMCC) PMMS survey?
The average 15-year fixed-rate mortgage was 6.01% in the latest survey. According to Freddie Mac, this is down from 6.04% last week but higher than 5.75% recorded at the same time one year ago.
How do current mortgage rates from Freddie Mac (FMCC) compare with last year’s rates?
The 30-year FRM rose to 6.69% from 6.63% a year ago, while the 15-year FRM increased to 6.01% from 5.75%. According to Freddie Mac, both key mortgage rates are modestly higher year over year.
What type of loans are included in Freddie Mac’s (FMCC) Primary Mortgage Market Survey?
The PMMS tracks conventional, conforming, fully amortizing home purchase loans. According to Freddie Mac, the survey focuses on borrowers who make a 20% down payment and have excellent credit profiles, providing a benchmark for typical prime mortgage rates.
How are current mortgage rates affecting housing affordability according to Freddie Mac (FMCC)?
Freddie Mac states that mortgage rates continue to influence affordability in the housing market. According to the company, listing prices are modestly below year-ago levels and for-sale inventory has improved compared with the limited supply seen in recent years.
What is Freddie Mac’s (FMCC) mission in the U.S. housing market?
Freddie Mac’s mission is to make home possible for families nationwide by promoting liquidity, stability, and affordability. According to Freddie Mac, it has helped tens of millions of families buy, rent, or keep their homes since 1970 across different economic cycles.
