Mortgage Rates Average 6.38%

Core Insights - The average 30-year fixed-rate mortgage (FRM) is currently at 6.38%, reflecting an increase from 6.22% the previous week and a decrease from 6.65% a year ago [1][5] - The housing market is showing gradual improvements compared to the previous year, with an increase in purchase and refinance applications [2] Mortgage Rate Summary - The 30-year FRM averaged 6.38% as of March 26, 2026, up from 6.22% the previous week and down from 6.65% a year ago [5] - The 15-year FRM averaged 5.75%, an increase from 5.54% the previous week and a decrease from 5.89% a year ago [5] Freddie Mac's Mission - Freddie Mac aims to make homeownership possible for families across the nation, promoting liquidity, stability, and affordability in the housing market [3]