Latest retrieved · 10/08/2026
Freddie Mac mortgage averages
30-year fixed mortgage7.40%
15-year fixed mortgage6.73%
Weekly national benchmark averages, not a lender quote, APR or personalized offer.
Verify at the official source ↗Official benchmark data
Current U.S. rate center
The current rate center shows two official benchmark series, dated and linked to the primary source: the Freddie Mac Primary Mortgage Market Survey and the U.S. Treasury daily par yield curve. Use them as context, then enter your own loan estimate or disclosure into the matching calculator.
The two series at a glance
What each benchmark is
Both are official and dated; neither is an offer or an account rate. Treat each as a dated starting assumption, then replace it with the figure from your own loan estimate or account statement before you commit to any decision that depends on it, because the gap between a national benchmark and your own terms is usually where the real cost sits.
| Series | Cadence | What it represents | What it is not |
|---|---|---|---|
| Freddie Mac PMMS | Weekly | Average 30- and 15-year fixed rates for a strong conventional borrower profile with stated points. | Not your quote: pricing depends on credit, loan size, property, points and lender. |
| U.S. Treasury par yields | Daily (business days) | The par yield-curve observation at each maturity from 3 months to 30 years. | Not the return on a specific bond you buy, and not a deposit rate. |
Latest retrieved · 2026-10-09
U.S. Treasury par yields
3-month4.25%
6-month4.32%
1-year4.47%
2-year4.80%
5-year5.02%
10-year5.24%
30-year5.60%
Daily official par yield-curve observations, not the return of a specific security purchased at a specific price.
Verify at the official source ↗Put the benchmark to work
Calculate with your actual rate
Rate-use boundary
Free Calculators Online publishes official reference data, not product rates. Mortgage pricing depends on borrower, property, points, fees, lock period and lender. Treasury yields are market observations, not guaranteed account yields.
Using a benchmark correctly
What these rates are, and what they are not
Both series are official, dated observations. Neither is an offer, and neither is the rate you will be charged or receive.
The mortgage survey is an average, not a quote
The Freddie Mac Primary Mortgage Market Survey reports average rates for a specific, conventional borrower profile, a strong credit score, a conforming loan amount and a substantial down payment, with a stated number of points. Your quote will differ because pricing depends on credit, loan size, property type, occupancy, points, lock period and lender margin. Use the survey to judge whether an offer is in a reasonable range, never as evidence that a particular rate is available to you.
Treasury yields are market observations, not account rates
The par yield curve records what the market required for government debt at each maturity on a given day. It is the reference point most other fixed-income pricing is built from, so it is useful for understanding direction and shape. It is not the yield on any specific security you could buy at a specific price, and it is not what a bank will pay on a deposit.
The shape of the curve carries information
When long yields exceed short ones the curve is upward-sloping, which is the ordinary condition. When short yields exceed long ones it is inverted, historically an unusual state that has attracted attention as a signal about expectations. Reading the whole curve tells you more than reading any single maturity, which is why every maturity is published above , not only the ten-year.
Put the benchmark to work
The correct use of a benchmark is as a starting assumption you then replace. Enter the survey rate into a mortgage calculator to size a payment before you have a quote, then re-run it with the actual rate from the loan estimate once you have one. The difference between those two runs is usually more informative than either figure alone.
Why the dates matter
The mortgage survey is weekly and the Treasury curve is daily, so the two figures above are almost never from the same day. Each card shows its own retrieval date. A benchmark quoted without a date is not a benchmark; it is a number, and rates move enough that a stale one can mislead in either direction.
What we do not publish
No lender rates, no personalised offers, no rate predictions and no forecasts. Free Calculators Online publishes official reference data with its date and its source, and links to the primary source so you can verify it. Anything beyond that would be a product recommendation, which this site does not make.
People also ask
Questions about these benchmarks
Why is the mortgage rate here different from the rate I was quoted?
The survey reports an average for a specific conventional borrower profile with a stated number of points. Your quote reflects your credit, loan size, property type, occupancy, points paid, lock period and the individual lender's margin. A gap between the two is normal. A very large gap is worth asking a lender to explain.
How often do these figures update?
The mortgage survey is published weekly and the Treasury par yield curve daily on business days. This page refetches both periodically and shows the retrieval date on each card. So you can always see how current the figure you are reading actually is.
Does a falling ten-year Treasury yield mean mortgage rates will fall?
Long-term mortgage pricing tends to track longer Treasury yields. But the relationship is not fixed. The spread between them widens and narrows with credit conditions, prepayment expectations and demand for mortgage-backed securities. So a move in one does not translate one-for-one into the other.
Can I use the Treasury yield as the return on a bond I own?
No. The par yield curve is a market observation for hypothetical par-priced securities at each maturity. The return on a specific bond depends on the price you actually paid, its coupon, its credit quality and any call features. Use the yield-to-maturity calculator with your own purchase price.
Why show every maturity , not just the headline?
Because the shape of the curve carries information that a single point does not. The relationship between short and long yields describes what the market expects, and reading only the ten-year discards most of that.
Are these rates guaranteed to be accurate?
They are retrieved from the official publishers and shown with the date retrieved and a link to the source. If a retrieval fails, the card says so instead of showing a stale figure as though it were current. Always verify against the primary source before acting on a number.