Freddie Mac’s Primary Mortgage Market Survey showed that the 30-year fixed-rate mortgage (FRM) is holding steady, averaging 7.40%.
“The average 30-year fixed-rate mortgage remained unchanged this week,” said Sam Khater, Freddie Mac’s Chief Economist.
As of Oct. 15, 2026, the FRM held steady at 7.40%, up from last year’s average of 6.27%.
The 15-year FRM averaged 6.71%, down from the previous week’s average of 6.73%. A year ago at this time, the 15-year FRM averaged 5.52%.
