---
source: Freddie Mac
url: https://www.freddiemac.com/pmms
document_type: html
date_retrieved: 2026-04-16
period: April 16, 2026 (week ending)
parent_publication: Primary Mortgage Market Survey (PMMS)
indicators_covered: ["30-Year Fixed-Rate Mortgage", "15-Year Fixed-Rate Mortgage"]
---

# Primary Mortgage Market Survey (PMMS) — April 16, 2026

Mortgage rates declined this week to a four-week low of 6.30%. Compared to one year ago when rates were at 6.83%, this is a meaningful improvement for homebuyers during what is typically the busy spring homebuying season.

## 30-Year Fixed-Rate Mortgage
- **Current:** 6.30% (as of April 16, 2026)
- **Previous week:** 6.37%
- **Year ago:** 6.83%

> The 30-year fixed-rate mortgage averaged 6.30% as of April 16, 2026, down from last week when it averaged 6.37%. A year ago at this time, the 30-year FRM averaged 6.83%.

## 15-Year Fixed-Rate Mortgage
- **Current:** 5.65% (as of April 16, 2026)
- **Previous week:** 5.74%
- **Year ago:** 6.03%

> The 15-year fixed-rate mortgage averaged 5.65%, down from last week when it averaged 5.74%. A year ago at this time, the 15-year FRM averaged 6.03%.