U.S. 30-year fixed-rate mortgage (FRM) averaged 6.30% as of September 25, 2025, up from last week when it averaged 6.26%. A year ago at this time, the 30-year FRM averaged 6.08%, according to Freddie Mac.
The 15-year FRM averaged 5.49%, up from last week when it averaged 5.41%. A year ago at this time, the 15-year FRM averaged 5.16%.
“Following several weeks of decline, mortgage rates inched up this week,” said Sam Khater, Freddie Mac’s Chief Economist. “Housing market activity continues to hold up with purchase and refinance applications increasing by 18% and 42%, respectively, compared to the same time last year.”
