Current Mortgage Rates
Today's average US mortgage rates and what they mean for your payment.
Freddie Mac PMMS via FRED · week of 2026-06-11. National averages for well-qualified borrowers.
How it works
These are the national average fixed mortgage rates from Freddie Mac's weekly Primary Mortgage Market Survey. The 30-year fixed keeps payments low by spreading them over 360 months; the 15-year fixed costs more per month but builds equity fast and dramatically cuts total interest. Your personal rate is set by your credit, down payment, and lender.
Good to know
- Survey averages assume a strong borrower profile (good credit, ~20% down) — your quote may differ.
- Rates move with the bond market and can change daily; the survey is a weekly snapshot.
- A lower rate is only part of the cost — points, fees, and PMI matter too. The mortgage calculator includes them.
Related Calculators
Frequently Asked Questions
What is the current 30-year mortgage rate?
The current average 30-year fixed mortgage rate is 6.52% (Freddie Mac PMMS via FRED, week of 2026-06-11). Your actual rate depends on your credit score, down payment, and lender.
What is the current 15-year mortgage rate?
The current average 15-year fixed mortgage rate is 5.84%. A 15-year loan has a higher monthly payment but far less total interest than a 30-year.
Where do these rates come from?
These are Freddie Mac Primary Mortgage Market Survey (PMMS) averages, accessed via the Federal Reserve (FRED). They reflect rates offered to well-qualified borrowers and are a national average, not a personalized quote.
Why is my quoted rate different?
Lenders price your rate from your credit score, loan-to-value (down payment), loan type, points, and the day you lock. The survey average is a benchmark; shop multiple lenders for your actual rate.