According to Freddie Mac’s recent Primary Mortgage Market Survey released on Oct. 22, 2026, the 30-year fixed-rate mortgage (FRM) averaged 7.32%.
“The average 30-year fixed-rate mortgage declined this week, offering some relief to prospective homebuyers,” said Sam Khater, Freddie Mac’s Chief Economist.
The current FRM is down from last week’s average of 7.40%. A year ago at this time, the 30-year FRM averaged 6.19%.
The 15-year FRM averaged 6.68%, down from the previous week when it averaged 6.71%. A year ago at this time, the 15-year FRM averaged 5.44%.
