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Giving Home > Giving News > Finance News > Mortgage Rates Dip

Mortgage Rates Dip

Published October 10, 2025

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, October 9. The survey showed mortgage rates decreasing slightly following two weeks of increases. 

This week, the 30-year fixed rate mortgage averaged 6.30%, down from last week’s average of 6.34%. Last year at this time, the 30-year fixed rate mortgage averaged 6.32%.

The 15-year fixed rate mortgage averaged 5.53% this week, down from last week’s 5.55%. During the same week last year, the 15-year fixed rate mortgage averaged 5.41%.

“Mortgage rates decreased this week,” said Freddie Mac’s Chief Economist, Sam Khater. “Over the last few weeks, mortgage rates have settled in at their lowest level in about a year. There is growing evidence that homebuyers are digesting these lower rates and gradually are willing to move forward with buying a home, which is boosting purchase activity.”

Based on published national averages, the savings rate was 0.40% as of 9/15. The one-year CD averaged 1.70%.

Editor’s Note: The publicly available financial information is offered as a helpful and informative service to our friends. This article is not an endorsement of any company, product or service.