US 30-year mortgage rate eases to 7.32% after weeks of climbing
The gist
The average 30-year fixed US mortgage rate fell to 7.32% this week, its first decline in nine weeks.
Buyers still face rates far above last year, with the Fed's next move in focus.
How it unfolded
- Aug 6, 2026Freddie Mac's average offered rate for a conforming 30-year fixed mortgage was 6.690%; the 15-year fixed was 6.010%.
- Sep 10, 2026The 30-year fixed averaged 6.760% and the 15-year 6.090%.
- Sep 15, 2026 -18, 2026The Federal Open Market Committee increased the federal funds rate to 3.75%–4.00%.