Skip to Main Content
Back to Main Website

Leave a Legacy.
Make Your Impact.

Let us help you tailor your charitable gift to your financial, tax or estate planning objectives

Learn more
  • Subscribe to our weekly Enewsletter, featuring news from Washington, finance information and stories about others who have benefited from giving. Donor Enewsletter
  • Our free guide will help you get started with providing for your needs, your family's future and your favorite causes. Estate Planning Guide
  • Join other supporters who are recognized for including our organization in their planned giving or estate plans. Quill and Sword Society

Giving Home > Giving News > Finance News > Mortgage Rates Decline Again

Mortgage Rates Decline Again

Published September 19, 2025

Freddie Mac released its latest Primary Mortgage Market Survey on Thursday, September 18. The survey showed the 30-year mortgage rate falling to the lowest level in almost a year.

This week, the 30-year fixed rate mortgage averaged 6.26%, down from last week’s average of 6.35%. Last year at this time, the 30-year fixed rate mortgage averaged 6.09%.

The 15-year fixed rate mortgage averaged 5.41% this week, down from last week’s 5.50%. During the same week last year, the 15-year fixed rate mortgage averaged 5.15%.

“Mortgage rates decreased yet again this week, prompting many homeowners to refinance,” said Freddie Mac’s Chief Economist, Sam Khater. “In fact, the share of mortgage applications that were refinances reached nearly 60%, the highest since January 2022.”

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.