Freddie Mac reports 30-year mortgage rates rise to 6.52%
Freddie Mac's Primary Mortgage Market Survey for the week ending June 11, 2026, shows the 30-year fixed-rate mortgage averaged 6.52%, up from 6.48% the previous week. The 15-year fixed-rate mortgage averaged 5.84%, an increase from 5.79% the prior week.
*this image is generated using AI for illustrative purposes only.
Freddie Mac released the results of its Primary Mortgage Market Survey, showing the 30-year fixed-rate mortgage averaged 6.52% for the week ending June 11, 2026. This increase from the previous week's average of 6.48% reflects ongoing shifts in the housing market, driven by stronger employment momentum and renewed buyer confidence.
Sam Khater, Freddie Mac's Chief Economist, noted that existing home sales have reached a five-month high. He emphasized that homebuyers are looking past short-term rate fluctuations and actively entering the market, signaling renewed confidence in homeownership opportunities.
Mortgage Rate Averages
The survey provides a weekly snapshot of mortgage rate trends for conventional, conforming, fully amortizing home purchase loans. The data covers borrowers who put 20% down and have excellent credit.
| Mortgage Type | Current Average | Previous Week | Year Ago |
|---|---|---|---|
| 30-year FRM | 6.52% | 6.48% | 6.84% |
| 15-year FRM | 5.84% | 5.79% | 5.97% |
The 15-year fixed-rate mortgage also saw an increase, averaging 5.84% for the week, up from 5.79% the previous week. A year ago, the 15-year FRM averaged 5.97%.
Freddie Mac's mission is to make home possible for families across the nation by promoting liquidity, stability, and affordability in the housing market throughout all economic cycles.
Will the sustained rise in mortgage rates eventually dampen the current momentum in existing home sales?
How might the Federal Reserve's upcoming policy decisions impact mortgage rates over the next quarter?
Could the increase in buyer confidence lead to a rise in new home construction to meet growing demand?
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