Mortgage rates today
The average 30-year fixed mortgage rate is 7.28% this week, against 7.03% last week and 6.34% a year ago. The 15-year fixed averages 6.60%.
Freddie Mac's survey for the week of Oct 1, 2026, published Thursdays. Download the weekly history (CSV)
What today's rates cost a month
| Loan | 30-year at 7.28% | 15-year at 6.60% |
|---|---|---|
| $200,000 | $1,368 | $1,753 |
| $300,000 | $2,053 | $2,630 |
| $400,000 | $2,737 | $3,506 |
| $500,000 | $3,421 | $4,383 |
| $750,000 | $5,132 | $6,575 |
Principal and interest only; property tax, insurance and any mortgage insurance come on top.
The last 12 weeks
| Week of | 30-year fixed | 15-year fixed |
|---|---|---|
| Oct 1, 2026 | 7.28% | 6.60% |
| Sep 24, 2026 | 7.03% | 6.42% |
| Sep 17, 2026 | 6.95% | 6.26% |
| Sep 10, 2026 | 6.76% | 6.09% |
| Sep 3, 2026 | 6.71% | 6.04% |
| Aug 27, 2026 | 6.66% | 5.98% |
| Aug 20, 2026 | 6.65% | 5.95% |
| Aug 13, 2026 | 6.67% | 5.96% |
| Aug 6, 2026 | 6.69% | 6.01% |
| Jul 30, 2026 | 6.66% | 6.04% |
| Jul 23, 2026 | 6.58% | 5.96% |
| Jul 16, 2026 | 6.55% | 5.93% |
Questions people ask
What are today's mortgage rates?
Freddie Mac's weekly average is 7.28% for a 30-year fixed mortgage and 6.60% for a 15-year. It reflects conventional, conforming loans for borrowers with strong credit who put 20% down; your quote depends on your credit score, down payment, loan size and any points you pay.
Why is my rate different from the average?
Lenders price each loan: a lower credit score, a smaller down payment, a jumbo or investment-property loan, or a cash-out refinance usually costs more, and paying points buys the rate down. Compare Loan Estimates from several lenders on the same day.
What is the highest mortgage rates have been?
The 30-year average peaked at 18.63% in the week of Oct 9, 1981; its lowest was 2.65% in the week of Jan 7, 2021. The survey began in 1971.
Should I get a 15-year or a 30-year mortgage?
A 15-year loan has a lower rate (6.60% against 7.28% now) and far less interest in total, but a much higher monthly payment: on $300,000, $2,630 against $2,053.
How often do mortgage rates change?
Lenders reprice daily, following bond markets; Freddie Mac publishes this average every Thursday. Rates track the 10-year Treasury yield more closely than the Federal Reserve's rate decisions.
Source: Freddie Mac Primary Mortgage Market Survey, via FRED.