Mortgage Rates Inch Up

Core Insights - Freddie Mac reported that the average 30-year fixed-rate mortgage (FRM) increased to 6.30% as of September 25, 2025, up from 6.26% the previous week and 6.08% a year ago [1][4] - The housing market remains resilient, with purchase applications rising by 18% and refinance applications increasing by 42% compared to the same period last year [1] Mortgage Rate Details - The 30-year FRM averaged 6.30% as of September 25, 2025, compared to 6.26% the previous week and 6.08% a year ago [4] - The 15-year FRM averaged 5.49%, up from 5.41% the previous week and 5.16% a year ago [4] Freddie Mac's Mission - Freddie Mac aims to enhance liquidity, stability, and affordability in the housing market across all economic cycles, having assisted millions of families since its inception in 1970 [3]