National weekly benchmark · September 3, 2026
How to read this week's mortgage-rate averages
Freddie Mac reported a 6.71% average for 30-year fixed mortgages and a 6.04% average for 15-year fixed mortgagesas of September 3, 2026. That was up from 6.66% and 5.98% one week earlier. Its Primary Mortgage Market Survey uses rates collected from thousands of conventional, conforming, fully amortizing purchase applications submitted through Loan Product Advisor for owner-occupied, one-unit homes, with a borrower profile of good or excellent credit and 20% down. It is a national weekly reference, not one lender's offer and not the rate every borrower received.
Compare the weekly average with a quote only after checking the same loan term, loan type, occupancy, down payment, credit profile, points or credits, fees, lock period, and APR. The sample cards below use a stated borrower and property scenario, so a number above or below the national average does not by itself make a loan expensive or inexpensive.
Rate, APR, and points answer different questions
The interest rate is the annual cost of borrowing the principal. APR is a broader cost measure that includes the interest rate plus certain points, broker fees, and other charges. One quote can show a lower rate but a higher upfront cost, so compare Loan Estimates with the same loan amount and expected time in the home rather than choosing the smallest rate alone.
Purchase Offers Worth Checking
Eligible buyers may qualify for payment relief, appraisal credits, or buyer assistance.
Published Sample Mortgage Rates
Use these sample rates as a general reference, then request a personalized quote for your property and borrower profile.
- Strong-credit sample borrower profile
- Primary residence scenario
- California owner-occupied examples
- Sample APR shown for the same example profile
Reference-rate disclosures
- • Rates shown are examples only and are not a loan estimate, rate lock, commitment to lend, or approval.
- • Actual rate, APR, payment, and costs may vary based on credit profile, loan amount, property type, occupancy, location, loan program, down payment, and other factors.
- • Rates are subject to change without notice.
- • APR values shown are sample estimates for the stated example profile and may be higher or lower depending on loan terms and fees.
- • Temporary payment reduction options lower payments for a limited period only; the note rate does not permanently decrease.
- • Credits and offers are subject to eligibility, availability, program rules, and loan approval.