Bruce Erickson

612-382-4099

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Gain from experience

Over fifteen years of real estate experience in Minneapolis ans surrounding communities.

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Mortgage Rates Average 7.03%

September 24, 2026 by

September 24, 2026

The housing market remains supported by a solid labor market and an economy that is growing at a healthy rate.

  • The 30-year fixed-rate mortgage averaged 7.03% as of September 24, 2026, up from last week when it averaged 6.95%. A year ago at this time, the 30-year FRM averaged 6.30%.
  • The 15-year fixed-rate mortgage averaged 6.42%, up from last week when it averaged 6.26%. A year ago at this time, the 15-year FRM averaged 5.49%.

Information provided by Freddie Mac.

Filed Under: Interest Rates

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All information deemed reliable but not guaranteed and should be independently verified.