Mortgage Rates Rise

Published October 3, 2025

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, October 2. The survey showed mortgage rates rising for the second week in a row.

This week, the 30-year fixed rate mortgage averaged 6.34%, up from last week’s average of 6.30%. Last year at this time, the 30-year fixed rate mortgage averaged 6.12%.

The 15-year fixed rate mortgage averaged 5.55% this week, up from last week’s 5.49%. During the same week last year, the 15-year fixed rate mortgage averaged 5.25%.

“The 30-year fixed-rate mortgage increased again this week but remains below its 52-week average of 6.71%,” said Freddie Mac’s Chief Economist, Sam Khater. “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.”

Based on published national averages, the savings rate was 0.40% as of 9/15. The one-year CD averaged 1.70%.

Editor’s Note: The publicly available financial information is offered as a helpful and informative service to our friends. This article is not an endorsement of any company, product or service.