Mortgage Rates Continue to Dip

Published April 17, 2026

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, April 16. The survey showed mortgage rates decreasing for the second consecutive week.

This week, the 30-year fixed rate mortgage averaged 6.30%, down from last week’s average of 6.37%. Last year at this time, the 30-year fixed rate mortgage averaged 6.83%.

The 15-year fixed rate mortgage averaged 5.65% this week, down from last week’s 5.74%. During the same week last year, the 15-year fixed rate mortgage averaged 6.03%.

“Mortgage rates declined this week to a four-week low of 6.30%,” said chief economist at Freddie Mac, Sam Khater. “Compared to one year ago when rates were at 6.83%, this is a meaningful improvement for homebuyers during what is typically the busy spring homebuying season.”

Based on published national averages, the savings rate was 0.39% as of 3/16. The one-year CD averaged 1.52%.

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