Mortgage Rates Hold Steady

Freddie Mac (OTCQB: FMCC) reported in its August 27, 2026 Primary Mortgage Market Survey that the 30-year fixed-rate mortgage averaged 6.66%, up slightly from 6.65% a week earlier and 6.56% a year ago, while the 15-year FRM averaged 5.98%.

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Freddie Mac (OTCQB: FMCC) reported in its August 27, 2026 Primary Mortgage Market Survey that the 30-year fixed-rate mortgage averaged 6.66%, up slightly from 6.65% a week earlier and 6.56% a year ago, while the 15-year FRM averaged 5.98%.

Argus Aug 27 session

-0.79% close to close Open Argus

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News Market Reaction – FMCC

On Aug 27, the day this news came out, FMCC closed 0.79% below the previous close.

Data tracked by StockTitan Argus for the Aug 27 session.

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MCLEAN, Va., Aug. 27, 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 6.66%.

“Mortgage rates changed little this week averaging 6.66%,” said Sam Khater, Freddie Mac's Chief Economist. “The economy remains resilient, demonstrated by steady consumer spending and rising household incomes. More homes coming on the market and slower price growth in many areas are giving buyers better options and helping create a more balanced housing market.”

News Facts

• The 30-year FRM averaged 6.66% as of August 27, 2026, slightly up from last week when it averaged 6.65%. A year ago at this time, the 30-year FRM averaged 6.56%.
• The 15-year FRM averaged 5.98%, up from last week when it averaged 5.95%. A year ago at this time, the 15-year FRM averaged 5.69%.
  
  

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/b868ecd0-4650-42c2-a37c-9661d7245f5c

FAQ

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

What mortgage rates did Freddie Mac (FMCC) report on August 27, 2026?

Freddie Mac reported a 30-year fixed-rate mortgage average of 6.66% and a 15-year average of 5.98% on August 27, 2026. According to Freddie Mac, both rates were slightly higher than the prior week and the same week a year earlier.

How did the 30-year fixed mortgage rate from Freddie Mac (FMCC) change week over week on August 27, 2026?

The 30-year fixed-rate mortgage rose marginally to 6.66% from 6.65% the previous week. According to Freddie Mac, the rate also compared with 6.56% a year earlier, indicating relatively small movements over both the weekly and annual periods.

What was the 15-year fixed mortgage rate in Freddie Mac’s August 27, 2026 PMMS survey (FMCC)?

Freddie Mac’s survey showed the 15-year fixed-rate mortgage averaged 5.98% as of August 27, 2026. According to Freddie Mac, this was up from 5.95% the prior week and 5.69% a year ago for qualified, conventional borrowers with 20% down.

How does Freddie Mac (FMCC) describe the housing market conditions alongside the August 27, 2026 mortgage rates?

Freddie Mac described the economy as resilient, with steady consumer spending and rising household incomes. According to Freddie Mac, more listings and slower price growth in many areas are giving buyers better options and supporting a more balanced housing market.

What type of loans are covered in Freddie Mac’s Primary Mortgage Market Survey (FMCC)?

Freddie Mac’s PMMS focuses on conventional, conforming, fully amortizing home purchase loans. According to Freddie Mac, the survey reflects borrowers who put 20% down and have excellent credit, providing a benchmark for typical prime mortgage pricing conditions.