Listings
Mortgage rates
Editorial averages from public surveys. Posted lender rows are labeled with an as-of date. Sponsored products never sit in the average.
Freddie Mac Primary Mortgage Market Survey, week ending Oct. 15, 2026. A year ago the 30-year averaged 6.27%.
Mortgage calculatorReviewed by Rateboard Editors · Last reviewed Oct 11, 2026 · Data: Freddie Mac PMMS (weekly), Curinos (FICO table) · How we source numbers →
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| Listing | Rate | Change | Note |
|---|---|---|---|
| 30-year fixed | 7.40% | unchanged | Highest since November 2023 |
| 15-year fixed | 6.71% | -2 bp | Common refinance tenor |
| 5/6 ARM | 6.41% | +13 bp | Curinos, 720 FICO, Sept. 2026 |
| FHA 30-year | 6.50% | +12 bp | Posted composite |
| VA 30-year | 6.38% | +13 bp | Posted composite |
| Jumbo 30-year | 7.12% | +17 bp | Posted composite |
15-year vs 30-year: total interest
A 15-year loan costs more each month but far less overall. On a $350,000 loan at this week's averages, the 15-year payment is about $670 higher, and total interest is about $316,000 lower.
30-year $2,423.33 / $522,399
15-year $3,089.43 / $206,097
+$666.10/mo
$316,302 saved
Principal and interest only; taxes, insurance and PMI are extra. Averages from Freddie Mac PMMS, week of Oct. 15, 2026. Not a quote.
30-year and 15-year mortgage rates, last 52 weeks
Show data table
| Week | 30-year | 15-year |
|---|---|---|
| Oct 16, 2025 | 6.27% | 5.52% |
| Oct 23, 2025 | 6.19% | 5.44% |
| Oct 30, 2025 | 6.17% | 5.41% |
| Nov 6, 2025 | 6.22% | 5.50% |
| Nov 13, 2025 | 6.24% | 5.49% |
| Nov 20, 2025 | 6.26% | 5.54% |
| Nov 26, 2025 | 6.23% | 5.51% |
| Dec 4, 2025 | 6.19% | 5.44% |
| Dec 11, 2025 | 6.22% | 5.54% |
| Dec 18, 2025 | 6.21% | 5.47% |
| Dec 24, 2025 | 6.18% | 5.50% |
| Dec 31, 2025 | 6.15% | 5.44% |
| Jan 8, 2026 | 6.16% | 5.46% |
| Jan 15, 2026 | 6.06% | 5.38% |
| Jan 22, 2026 | 6.09% | 5.44% |
| Jan 29, 2026 | 6.10% | 5.49% |
| Feb 5, 2026 | 6.11% | 5.50% |
| Feb 12, 2026 | 6.09% | 5.44% |
| Feb 19, 2026 | 6.01% | 5.35% |
| Feb 26, 2026 | 5.98% | 5.44% |
| Mar 5, 2026 | 6.00% | 5.43% |
| Mar 12, 2026 | 6.11% | 5.50% |
| Mar 19, 2026 | 6.22% | 5.54% |
| Mar 26, 2026 | 6.38% | 5.75% |
| Apr 2, 2026 | 6.46% | 5.77% |
| Apr 9, 2026 | 6.37% | 5.74% |
| Apr 16, 2026 | 6.30% | 5.65% |
| Apr 23, 2026 | 6.23% | 5.58% |
| Apr 30, 2026 | 6.30% | 5.64% |
| May 7, 2026 | 6.37% | 5.72% |
| May 14, 2026 | 6.36% | 5.71% |
| May 21, 2026 | 6.51% | 5.85% |
| May 28, 2026 | 6.53% | 5.87% |
| Jun 4, 2026 | 6.48% | 5.79% |
| Jun 11, 2026 | 6.52% | 5.84% |
| Jun 18, 2026 | 6.47% | 5.81% |
| Jun 25, 2026 | 6.49% | 5.84% |
| Jul 2, 2026 | 6.43% | 5.79% |
| Jul 9, 2026 | 6.49% | 5.82% |
| Jul 16, 2026 | 6.55% | 5.93% |
| Jul 23, 2026 | 6.58% | 5.96% |
| Jul 30, 2026 | 6.66% | 6.04% |
| Aug 6, 2026 | 6.69% | 6.01% |
| Aug 13, 2026 | 6.67% | 5.96% |
| Aug 20, 2026 | 6.65% | 5.95% |
| Aug 27, 2026 | 6.66% | 5.98% |
| Sep 3, 2026 | 6.71% | 6.04% |
| Sep 10, 2026 | 6.76% | 6.09% |
| Sep 17, 2026 | 6.95% | 6.26% |
| Sep 24, 2026 | 7.03% | 6.42% |
| Oct 1, 2026 | 7.28% | 6.60% |
| Oct 8, 2026 | 7.40% | 6.73% |
| Oct 15, 2026 | 7.40% | 6.71% |
Payment at the latest 30-year
Principal and interest only, 7.40%, 30 years. Open a page to add taxes and insurance.
30-year by FICO (Curinos, Sept. 2026)
| Score | 30-year | 15-year | P&I on $350,000 |
|---|---|---|---|
| 620 | 7.61% | 6.33% | $2,474 |
| 660 | 7.31% | 6.31% | $2,402 |
| 700 | 7.14% | 6.31% | $2,362 |
| 720 | 7.10% | 6.31% | $2,352 |
| 740 | 6.99% | 6.30% | $2,326 |
| 760 | 6.93% | 6.30% | $2,312 |
| 780+ | 6.85% | 6.29% | $2,293 |
Common questions
- Where do these rates come from?
- Freddie Mac's Primary Mortgage Market Survey, a weekly national average of rates on conventional, conforming loans for borrowers with strong credit and 20% down. It is published on Thursdays.
- Why is my quote different from the average?
- Your rate depends on credit score, down payment, loan type, points, lock period and lender. The average is a benchmark, not an offer.
- Is a 15-year or 30-year mortgage better?
- The 15-year usually has a lower rate and much less total interest but a higher payment. The 30-year keeps the payment lower and leaves room in the budget. Pick the payment you can carry comfortably.
- How often do mortgage rates change?
- Lenders reprice daily, sometimes more often. The PMMS average updates weekly.
- What moves mortgage rates?
- Mainly the 10-year Treasury yield, inflation expectations and investor demand for mortgage bonds. The Fed's policy rate has an indirect effect.
- Do points lower my rate?
- Yes. One point costs 1% of the loan and typically lowers the rate a fraction of a percent. Points pay off only if you keep the loan long enough.
- What is APR vs interest rate?
- The interest rate sets your payment. APR adds most lender fees and points, so it's better for comparing offers.
- When should I lock my rate?
- Once you have an accepted offer and a closing date you trust. Locks typically last 30–60 days.
Educational only. Not a loan offer.