Mortgage Rates Hold Steady After Weeks Of Decline

(RTTNews) - Mortgage rates, or interest rates on home loans, held steady this week after several weeks of declines, according to mortgage provider Freddie Mac (FMCC.OB).

The 30-year FRM averaged 6.58% as of August 21, 2025, unchanged from last week. A year ago at this time, the 30-year FRM averaged 6.46%.

The 15-year FRM averaged 5.69%, down slightly from last week when it averaged 5.71%. A year ago at this time, the 15-year FRM averaged 5.62%.

"The 30-year fixed-rate mortgage remained flat this week," said Sam Khater, Freddie Mac's Chief Economist. "Over the summer, rates have come down and purchase applications are outpacing 2024, though a number of homebuyers continue waiting on the sideline for rates to further decrease."