Fannie Mae report shows the 30-year mortgage rate has risen to 6.38%

LootboxPhobia · 2026-03-26T23:53:09+00:00

Freddie Mac's latest report shows that the 30-year fixed mortgage rate is 6.38%, up from last week, while the 15-year rate is 5.75%. Despite fluctuations in interest rates, the housing market is gradually improving, with year-over-year increases in home purchase and refinancing applications.

LootboxPhobia

2026-03-26 23:53:09

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Freddie Mac (OTCQB: FMCC) released its primary mortgage market survey report on Thursday, showing the average rate for 30-year fixed-rate mortgages at 6.38%.

As of March 26, 2026, the 30-year fixed mortgage rate is 6.38%, up from 6.22% the previous week. A year ago, the average 30-year fixed mortgage rate was 6.65%.

The average rate for 15-year fixed-rate mortgages is 5.75%, up from 5.54% last week. A year ago, the average 15-year fixed mortgage rate was 5.89%.

Freddie Mac Chief Economist Sam Carter said, “This week, the mortgage rate averaged 6.38%. Despite recent fluctuations, the housing market continues to show signs of gradual improvement compared to a year ago. Home purchase and refinance applications are up year-over-year, and rates remain below last year’s average of 6.65%.”

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