Mortgage Rates
Current benchmark rates, updated weekly. Last updated October 22, 2026. Source: Freddie Mac Primary Mortgage Market Survey, week ending Oct 22, 2026.
| Loan type | This week | Last week | A year ago |
|---|---|---|---|
| 30-Year Fixed | 7.32 percent | 7.40 percent | 6.19 percent |
| 15-Year Fixed | 6.68 percent | 6.71 percent | 5.44 percent |
Weekly change: 30-Year Fixed down 0.08 percentage points from last week. 15-Year Fixed down 0.03 percentage points from last week. Changes are shown in percentage points, not percent.
Methodology: The Freddie Mac survey covers conventional, conforming, fully amortizing purchase loans for borrowers who put 20 percent down and have excellent credit. Your own rate will depend on credit, down payment, loan type, property, and lender, so the survey average is a market marker, not a personal offer.
Worked payment example, from the affordability guide: principal and interest of 2,747.72 dollars per month on a 400,000 dollar loan at 7.32 percent over 30 years. Taxes, insurance, and mortgage insurance are excluded from that figure.
Informational only, not financial advice. This page is general education, not a personal rate quote, not a loan offer, and not a recommendation to buy, refinance, or lock a rate.