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Mortgage rates average 6.30%

On April 30, 2026, Freddie Mac released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage (FRM) averaged 6.30%, up from last week’s average of 6.23%. In April 2025, the 30-year FRM averaged 6.76%.

“As rates had modestly declined the last few weeks, purchase demand has accelerated with purchase applications rising to over 20% above a year ago,” said Sam Khater, Freddie Mac’s Chief Economist. “It is clear that purchase demand continues to hold up as prospective buyers react to both modestly lower rates and more inventory to choose from than the last few years.”

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