Freddie Mac reported on Thursday that U.S. mortgage rates edged down for the latest weekly survey period. The 30-year fixed-rate mortgage averaged 6.37% as of April 9, 2026, a decline from 6.46% the prior week. By comparison, the 30-year rate averaged 6.62% one year earlier.
The 15-year fixed-rate mortgage also fell modestly, averaging 5.74% this week versus 5.77% in the prior week. One year ago, the 15-year rate averaged 5.82%, according to Freddie Mac's release.
Sam Khater, Freddie Mac's Chief Economist, commented on the weekly movement: "Mortgage rates ticked down this week, averaging 6.37%. The decrease in rates represents a positive development for prospective homebuyers and could spark a more favorable spring homebuying season than last year." The comments and data appeared in Freddie Mac's Primary Mortgage Market Survey.
The weekly snapshot provides a short-term look at prevailing fixed-rate mortgage pricing as tracked by Freddie Mac. The reported declines for both the 30-year and 15-year fixed products are incremental but align with the lender's description of a rate environment that, for the moment, is easing compared with the previous week.
For buyers, refinancers and market participants, the numbers in the Primary Mortgage Market Survey offer a timely reference point for borrowing costs. The survey's figures show that rates remain below the 30-year and 15-year averages recorded a year ago, while the week-to-week movement underscores the incremental nature of recent changes.
Summary
Freddie Mac's weekly Primary Mortgage Market Survey shows a small decline in headline mortgage rates for the week ending April 9, 2026. The 30-year fixed-rate averaged 6.37%, down from 6.46% the prior week and lower than the 6.62% average a year earlier. The 15-year fixed-rate averaged 5.74%, down from 5.77% the previous week and below last year's 5.82% average. Freddie Mac's chief economist framed the change as potentially supportive for homebuying this spring.