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Average 30-Year Fixed-Rate Mortgage Hits Another Low
This is a paid press release. Contact the press release distributor directly with any inquiries.
Average 30-Year Fixed-Rate Mortgage Hits Another Low
Freddie Mac
Fri, February 20, 2026 at 2:00 AM GMT+9 1 min read
In this article:
FMCC
-0.68%
FMCCH
-0.59%
FMCCK
0.00%
FMCCL
0.00%
FMCCO
+2.43%
Freddie Mac
Primary Mortgage Market Survey®
U.S. weekly average mortgage rates as of 02/19/2026 · GlobeNewswire Inc.
MCLEAN, Va., Feb. 19, 2026 (GLOBE NEWSWIRE) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.01%.
“Mortgage rates dropped again this week, now down to their lowest level since September of 2022,” said Sam Khater, Freddie Mac’s Chief Economist. “This lower rate environment is not only improving affordability for prospective homebuyers, it’s also strengthening the financial position of homeowners. Over the past year, refinance application activity has more than doubled, enabling many recent buyers to reduce their annual mortgage payments by thousands of dollars.”
News Facts
The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions.
Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube
MEDIA CONTACT:
Angela Waugaman
(703)714-0644
Angela_Waugaman@FreddieMac.com
A photo accompanying this announcement is available at
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