Freddie Mac Reports Rising Mortgage Rates
News related to:Freddie Mac · 1 min read
MCLEAN, Va., Sept. 17, 2026 /CourierPR/ -- Freddie Mac reported that the 30-year fixed-rate mortgage (FRM) averaged 6.95% as of September 17, 2026, up from 6.76% the previous week. A year ago at this time, the 30-year FRM averaged 6.26%.
The 15-year FRM also saw an increase, averaging 6.26% as of September 17, 2026, up from 6.09% the previous week. A year ago, the 15-year FRM averaged 5.41%.
According to Sam Khater, Freddie Mac's Chief Economist, the 30-year fixed-rate mortgage continues to fluctuate as markets assess economic data.
The PMMS® survey, which focuses on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit, provides a snapshot of the current mortgage landscape. Freddie Mac's mission is to promote liquidity, stability, and affordability in the housing market throughout all economic cycles. Since 1970, the company has helped tens of millions of families buy, rent, or keep their homes.
These figures underscore the volatility in the mortgage market and the impact on homebuyers. As rates continue to fluctuate, potential homebuyers and current homeowners are closely monitoring these changes to make informed decisions.