
Mortgage Rates Increase
“The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%,” said Sam Khater, Freddie Mac's Chief Economist.“The last few months have brought lower rates and as indicated by the recently reported increase in pending home sales, homebuyers are feeling more confident to get into the market.”
News Facts
- The 30-year FRM averaged 6.34% as of October 2, 2025, up from last week when it averaged 6.30%. A year ago at this time, the 30-year FRM averaged 6.12%. The FRM averaged 5.55%, up from last week when it averaged 5.49%. A year ago at this time, the 15-year FRM averaged 5.25%.
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
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Angela Waugaman
(703)714-0644
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