The average U.S. 30-year fixed mortgage rate held at 7.40% as of October 15, compared with 6.27% a year earlier, Freddie Mac reported.
Freddie Mac average fixed mortgage rates, week of October 15, 2026, %
| October 15 | Week earlier | Year earlier | 1-week change, pp | 12-month change, pp | 52-week high | 52-week low | |
|---|---|---|---|---|---|---|---|
| 30-year fixed | 7.40% | 7.40% | 6.27% | 0.00 | +1.13 | 7.40% | 5.98% |
| 15-year fixed | 6.71% | 6.73% | 5.52% | -0.02 | +1.19 | 6.73% | 5.35% |
The average 15-year fixed mortgage rate fell to 6.71% from 6.73% the previous week. A year earlier, it averaged 5.52%.
The 30-year rate was unchanged from the previous week and by 1.13 percentage point from a year earlier. The 15-year rate decreased by 0.02 percentage point for the week and by 1.19 percentage point from a year earlier.