Freddie MacOTC: FMCC

Mortgage Rates Average 7.28%

· Issued by Freddie Mac via GlobeNewswire

Summary by 6ix AI

Freddie Mac's weekly Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage averaged 7.28% as of October 1, 2026, up from 7.03% the week before.

Key details

  • A year earlier, the 30-year fixed-rate mortgage averaged 6.34%.
  • The 15-year fixed-rate mortgage averaged 6.60%, up from 6.42% the week before; a year earlier it averaged 5.55%.
  • The survey covers conventional, conforming, fully amortizing home purchase loans (standard loans within government-sponsored lending limits, repaid in full over the term) for borrowers who put 20% down and have excellent credit.
  • Freddie Mac is a US housing finance company whose stated mission is to make home possible for families across the nation.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/mortgage-rates-average-728percent

Mortgage Rates Average 7.28% Mortgage Rates Average 7.28%

MCLEAN, Va., Oct. 01, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.28%.

“With mortgage rates on their current trajectory, the housing market continues to be supported by favorable economic conditions,” said Sam Khater, Freddie Mac's Chief Economist.

News Facts

  • The 30-year FRM averaged 7.28% as of October 1, 2026, up from last week when it averaged 7.03%. A year ago at this time, the 30-year FRM averaged 6.34%.
  • The 15-year FRM averaged 6.60%, up from last week when it averaged 6.42%. A year ago at this time, the 15-year FRM averaged 5.55%.

The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions.

Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT:
Mollie Laniado
(571) 382-1784
Mollie_Laniado@FreddieMac.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b4edba9c-db99-457c-a1b6-99b8538e75e5


Primary Logo

Primary Mortgage Market Survey®
U.S. weekly average mortgage rates as of 10/01/2026
Source: Freddie Mac 
© 2026 GlobeNewswire, Inc.

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