Freddie Mac (OTCQB: FMCC) reported in its latest Primary Mortgage Market Survey that the 30-year fixed-rate mortgage averaged 6.47% as of June 18, 2026, down from 6.52% a week earlier and 6.81% a year ago.
The 15-year fixed-rate mortgage averaged 5.81%, compared with 5.84% last week and 5.96% a year earlier. Freddie Mac notes resilient consumers, with improving retail sales and strengthening pending home sales, indicating modestly improving purchase demand.
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MCLEAN, Va., June 18, 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 6.47%.
“The 30-year fixed-rate mortgage decreased this week averaging 6.47%,” said Sam Khater, Freddie Mac’s Chief Economist. “Incoming data continues to reflect a resilient consumer, with retail sales improving and pending home sales strengthening, suggesting purchase demand is continuing to modestly improve."
News Facts
The 30-year FRM averaged 6.47% as of June 18, 2026, down from last week when it averaged 6.52%. A year ago at this time, the 30-year FRM averaged 6.81%.
The 15-year FRM averaged 5.81%, down from last week when it averaged 5.84%. A year ago at this time, the 15-year FRM averaged 5.96%.
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 30-year mortgage rate reported by Freddie Mac (FMCC) on June 18, 2026?
The latest 30-year fixed-rate mortgage averaged 6.47% on June 18, 2026. According to Freddie Mac, this is down from 6.52% last week and 6.81% a year earlier, reflecting slightly lower long-term borrowing costs.
How did the 15-year fixed mortgage rate from Freddie Mac (FMCC) change in June 2026?
The 15-year fixed-rate mortgage fell to 5.81% as of June 18, 2026. According to Freddie Mac, this compares with 5.84% the prior week and 5.96% a year ago, indicating a modest decline in shorter-term mortgage rates.
How do June 18, 2026 Freddie Mac (FMCC) mortgage rates compare with last year?
Both 30-year and 15-year mortgage rates are lower than a year ago. According to Freddie Mac, the 30-year rate declined from 6.81% to 6.47%, while the 15-year rate eased from 5.96% to 5.81% over the same period.
What does Freddie Mac (FMCC) say about housing demand with June 2026 mortgage rates?
Freddie Mac indicates purchase demand is modestly improving alongside current mortgage rates. According to Freddie Mac’s chief economist, incoming data show a resilient consumer, with retail sales improving and pending home sales strengthening, which supports gradually firming homebuying activity.
What types of loans are included in the Freddie Mac (FMCC) Primary Mortgage Market Survey?
The survey covers conventional, conforming, fully amortizing home purchase loans. According to Freddie Mac, these loans are for borrowers with excellent credit who make 20% down payments, providing a benchmark view of mainstream U.S. mortgage pricing.
Why are Freddie Mac (FMCC) PMMS mortgage rates important for homebuyers?
PMMS mortgage rates offer a widely followed benchmark for U.S. borrowing costs. According to Freddie Mac, the survey reflects average rates for highly qualified borrowers, helping homebuyers gauge affordability and compare lender offers when considering a home purchase or refinancing decision.
