April 30, 2026
The 30-year fixed-rate mortgage averaged 6.30% this week. As rates had modestly declined the last few weeks, purchase demand has accelerated with purchase applications rising to over 20 percent above a year ago. It is clear that purchase demand continues to hold up as prospective buyers react to both modestly lower rates and more inventory to choose from than the last few years.
- The 30-year fixed-rate mortgage averaged 6.30% as of April 30, 2026, up from last week when it averaged 6.23%. A year ago at this time, the 30-year FRM averaged 6.76%.
- The 15-year fixed-rate mortgage averaged 5.64%, up from last week when it averaged 5.58%. A year ago at this time, the 15-year FRM averaged 5.92%.
Information provided by Freddie Mac.