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Mortgage Rates Decline for Second Consecutive Week

$FMCCPress releaseAug 20, 2026, 12:00 PM ETRead the release

Freddie Mac released its weekly Primary Mortgage Market Survey, reporting a decline in average mortgage rates for the second consecutive week. The 30-year fixed-rate mortgage averaged 6.65%, down from 6.67% the previous week, while the 15-year fixed-rate mortgage averaged 5.95%.

Key figures

15 year frm current
5.95%
30 year frm current
6.65%
15 year frm year ago
5.69%
30 year frm year ago
6.58%
15 year frm prior week
5.96%
30 year frm prior week
6.67%

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.