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30-Year Fixed Mortgage Rate Averages 6.95%
The average 30-year fixed-rate mortgage reached 6.95% this week, according to Freddie Mac's latest survey. This figure marks a specific point in the ongoing mortgage rate trends.
09/28/2026 · California edition
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Why it matters locally: The national average for 30-year fixed mortgage rates directly influences housing affordability and real estate market activity across California, a state with consistently high housing costs.
MCLEAN, Va. — The average interest rate for a 30-year fixed-rate mortgage registered 6.95% this week, Freddie Mac announced Wednesday. The government-sponsored enterprise released these findings as part of its Primary Mortgage Market Survey (PMMS). Freddie Mac compiles the PMMS data from a weekly survey of lenders across the country. The survey collects information on mortgage rates and points for various loan types.Related Topics
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