On Feb. 12, 2026, Freddie Mac (FMCC) announced that the 30-year fixed-rate mortgage (FRM) averaged 6.09%, down from the week before when it averaged 6.11%. In 2025, the 30-year FRM averaged 6.87%. The results came from FMMC’s Primary Mortgage Market Survey®.
“Bolstered by strong economic growth, a solid labor market and mortgage rates at three-year lows, housing affordability continues to measurably improve,” said Sam Khater, Freddie Mac’s Chief Economist. “These factors have caught the attention of many prospective homebuyers, driving purchase application activity higher than a year ago.”
