Freddie Mac revealed this week that mortgage rates have fallen. The average 30-year fixed rate reached 6.3% on April 16, a notable drop from last week.
Examine the chart below to see how interest rates have changed over the past few decades, then click the button below the chart to get an image you can share on social media. For more information, read Inman’s latest article on mortgage rates.
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Best ever
18.63%
October 1981
Lowest ever
2.65%
January 2021
Latest (April 16, 2026)
6.30%
Week of April 16, 2026
data points
2,873
Weekly, 1971-2026
zoom:
10 years
20 years old
30 years old
all
Freddie Mac weekly 30-year fixed mortgage rates from 1971 to 2026.
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Source: Freddie Mac Primary Mortgage Market Study (PMMS). Data reflects the weekly average of U.S. 30-year fixed-rate mortgages (FRM). freddiemac.com/pmms
Editor’s note: This tool was created with the help of Claude AI.
