Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.36%.
“Mortgage rates ticked down this week, averaging 6.36%,” said Sam Khater, Freddie Mac’s Chief Economist. “While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up.”

- The 30-year FRM averaged 6.36% as of May 14, 2026, slightly down from last week when it averaged 6.37%. A year ago at this time, the 30-year FRM averaged 6.81%.
- The 15-year FRM averaged 5.71%, slightly down from last week when it averaged 5.72%. A year ago at this time, the 15-year FRM averaged 5.92%.
The PMMS® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.