Mortgage rates, or interest rates on home loans, gained this week but remains below its 52-week average, according to mortgage provider Freddie Mac (FMCC.OB).
The 30-year FRM averaged 6.34% as of October 2, 2025, up from last week when it averaged 6.30%. A year ago at this time, the 30-year FRM averaged 6.12%.
The 15-year FRM averaged 5.55%, up from last week when it averaged 5.49%. A year ago at this time, the 15-year FRM averaged 5.25%.
"The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%," said Sam Khater, Freddie Mac's Chief Economist. "The last few months have brought lower rates and as indicated by the recently reported increase in pending home sales, homebuyers are feeling more confident to get into the market."
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.