The 30-year fixed rate mortgage (FRM) averaged 6.21 percent as of December 18, 2025, down slightly from last week when it averaged 6.22 percent, according to the Freddie Mac. A year ago at this time, the 30-year FRM averaged 6.72 percent.
“The average 30-year fixed-rate mortgage has remained within a narrow 10-basis point range over the last two months,” said Sam Khater, Freddie Mac’s Chief Economist. “With rates down half a percent over last year, purchase applications are 10% above the same time one year ago.”
The 15-year fixed-rate mortgage averaged 5.47 percent, down from last week when it averaged 5.54 percent. A year ago at this time, the 15-year FRM averaged 5.92 percent.
