F
reddie Mac's latest Primary Mortgage Market Survey reveals the U.S. 30-year fixed-rate mortgage averaged 6.63% as of August 7, 2025.
According to Sam Khater, Freddie Mac's Chief Economist, "The 30-year fixed-rate mortgage has dropped to its lowest level since April, giving prospective homebuyers a boost in purchasing power." He notes that buyers can save thousands by comparing quotes from multiple lenders.
Key statistics show the 30-year FRM decreased from last week's average of 6.72% and is down from 6.47% at this time last year. The 15-year FRM also dropped, averaging 5.75%, down from last week's 5.85% and last year's 5.63%.
