Mortgage Rates Fall to 2025 Lows

Published January 2, 2026

Freddie Mac released its latest Primary Mortgage Market Survey on Wednesday, December 31. The survey showed the 30-year mortgage rate decreasing to the lowest levels seen in 2025.

This week, the 30-year fixed rate mortgage averaged 6.15%, down from last week’s average of 6.18%. Last year at this time, the 30-year fixed rate mortgage averaged 6.91%.

The 15-year fixed rate mortgage averaged 5.44% this week, down from last week’s 5.50%. During the same week last year, the 15-year fixed rate mortgage averaged 6.13%.

“After starting the year close to 7%, the average 30-year fixed-rate mortgage moved to its lowest level in 2025 this week, an encouraging sign for potential homebuyers heading into the new year,” said Freddie Mac’s Chief Economist, Sam Khater.

Based on published national averages, the savings rate was 0.39% as of 12/15. The one-year CD averaged 1.63%.

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.