Mortgage Rates Hold Steady at 7.40%

Mortgage Rates Hold Steady at 7.40% Mortgage Rates Hold Steady at 7.40% GlobeNewswire October 15, 2026

MCLEAN, Va., Oct. 15, 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 7.40%.

“The average 30-year fixed-rate mortgage remained unchanged this week,” said Sam Khater, Freddie Mac's Chief Economist.

News Facts


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:
Chad Wandler
(703) 903-2446
Chad_Wandler@FreddieMac.com

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