Average 30-Year Fixed-Rate Mortgage at 6.22%

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Freddie Mac (OTCQB: FMCC) reported its Primary Mortgage Market Survey® for March 19, 2026: the 30-year fixed-rate mortgage averaged 6.22%, up from 6.11% last week and below 6.67% a year ago. The 15-year FRM averaged 5.54%, up from 5.50% last week and below 5.83% a year earlier.

Freddie Mac said potential homebuyers may face a more affordable spring compared with last year as purchase applications and pending home sales show improvements. The PMMS focuses on conventional, conforming, fully amortizing purchase loans with 20% down and excellent credit.

News Market Reaction – FMCC

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+8.62% News Effect

On the day this news was published, FMCC gained 8.62%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

MCLEAN, Va., March 19, 2026 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey^® (PMMS^®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.22%.

"The 30-year fixed-rate mortgage edged up this week to 6.22% but remains nearly half a percentage point lower than the same time last year," said Sam Khater, Freddie Mac's Chief Economist. "Potential homebuyers are poised for a more affordable spring homebuying season than last with the market experiencing improvements in purchase applications and pending home sales.”

News Facts

• The 30-year FRM averaged 6.22% as of March 19, 2026, up from last week when it averaged 6.11%. A year ago at this time, the 30-year FRM averaged 6.67%.
• The 15-year FRM averaged 5.54%, up from last week when it averaged 5.50%. A year ago at this time, the 15-year FRM averaged 5.83%.

The PMMS^® is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit. For more information, view our Frequently Asked Questions.

Freddie Mac’s mission is to make home possible for families across the nation. We promote liquidity, stability and affordability in the housing market throughout all economic cycles. Since 1970, we have helped tens of millions of families buy, rent or keep their home. Learn More: Website | Consumers | X | LinkedIn | Facebook | Instagram | YouTube

MEDIA CONTACT:
Mollie Laniado
(571)382-1784
Mollie_Laniado@FreddieMac.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c4b8aaa-6dd2-4e9c-8296-36ec66a5aaa3

FAQ

What is the 30-year fixed mortgage rate reported by Freddie Mac (FMCC) on March 19, 2026?

The 30-year fixed-rate mortgage averaged 6.22% on March 19, 2026. According to the company, this is an increase from last week (6.11%) but remains lower than the 6.67% average recorded a year earlier.

How did the 30-year FRM change week-over-week and year-over-year in the March 19, 2026 PMMS?

Week-over-week the 30-year FRM rose from 6.11% to 6.22%; year-over-year it fell from 6.67% to 6.22%. According to the company, the weekly uptick contrasts with a lower rate compared with this time last year.

What did Freddie Mac (FMCC) report for the 15-year fixed-rate mortgage on March 19, 2026?

The 15-year fixed-rate mortgage averaged 5.54% on March 19, 2026, up from 5.50% last week. According to the company, the 15-year rate also remains below the 5.83% average recorded a year earlier.

What does the March 19, 2026 PMMS mean for spring homebuyers and mortgage affordability (FMCC)?

Freddie Mac said spring homebuyers may see more affordability than last year due to lower year‑ago mortgage rates and improving purchase activity. According to the company, purchase applications and pending home sales show signs of improvement compared with last year.