Market News / Story
Mortgage Rates Average 7.40%
GlobeNewswire ·
GlobeNewswire reports: Primary Mortgage Market Survey® MCLEAN, Va., Oct. 08, 2026 (GLOBE NEWSWIRE) -- Freddie Mac OTCQB:FMCC today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.40%. “As market conditions continue to evolve, borrowers should remember that shopping around for a mortgage rate and getting multiple quotes can potentially save them thousands over the loan’s lifetime,” said Sam Khater, Freddie Mac's…