Mortgage Rates Hold Steady at 7.40%
Freddie Mac's weekly Primary Mortgage Market Survey showed the 30-year fixed-rate mortgage averaging 7.40%, unchanged from the prior week. The 15-year FRM averaged 6.71%, down slightly from 6.73% last week. Both rates remain well above year-ago levels of 6.27% and 5.52%, respectively.
Key figures
- Frm 15y
- 6.71%
- Frm 30y
- 7.40%
- Frm 15y year ago
- 5.52%
- Frm 30y year ago
- 6.27%
- Frm 15y prior week
- 6.73%
- Frm 30y prior week
- 7.40%
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.