Mortgage rates this week, in plain English
Every Thursday, Freddie Mac publishes the average rate lenders across the country offered that week. We post it here the same week, with the last twelve weeks beside it, so you can see where things actually stand instead of reading a headline written to alarm you.
Freddie Mac Primary Mortgage Market Survey, via FRED (St. Louis Fed), week of Sep 10, 2026. National weekly average for borrowers with strong credit and 20% down. Not a quote, not an offer, and not North Florida Mortgage's pricing. A year ago the 30-year average was 6.50%.
| Week of | 30-year | Change | 15-year |
|---|---|---|---|
| Sep 10, 2026 | 6.76% | +0.05 | 6.09% |
| Sep 3, 2026 | 6.71% | +0.05 | 6.04% |
| Aug 27, 2026 | 6.66% | +0.01 | 5.98% |
| Aug 20, 2026 | 6.65% | -0.02 | 5.95% |
| Aug 13, 2026 | 6.67% | -0.02 | 5.96% |
| Aug 6, 2026 | 6.69% | +0.03 | 6.01% |
| Jul 30, 2026 | 6.66% | +0.08 | 6.04% |
| Jul 23, 2026 | 6.58% | +0.03 | 5.96% |
| Jul 16, 2026 | 6.55% | +0.06 | 5.93% |
| Jul 9, 2026 | 6.49% | +0.06 | 5.82% |
| Jul 2, 2026 | 6.43% | -0.06 | 5.79% |
| Jun 25, 2026 | 6.49% | +0.02 | 5.84% |
What this number is, and what it is not
The number above is a national survey average. Freddie Mac asks lenders what they quoted borrowers with strong credit putting 20% down on a standard 30-year fixed loan, and averages the answers. It is the most-watched rate number in the country and the one most news stories quote.
It is not the rate you will be offered. Your rate depends on your credit score, your down payment, the loan program, the property, and whether you pay points. A borrower with a 780 score and 20% down will usually land under the survey number. An FHA borrower with 3.5% down will usually land somewhere else. Neither is wrong. They are different loans.
Why a broker's quote can differ from the survey
North Florida Mortgage is a broker, not a bank. When you apply, your file is priced by nine wholesale lenders at once and you see the best three offers side by side. Wholesale pricing is set daily, sometimes twice a day, so it moves faster than a weekly survey in both directions.
That is also why we do not publish "our rate" here. A single number would be stale within a day and would not be your number anyway. If you want a real quote, it takes one conversation: call 904-389-4635 or start with the estimate and we will price your actual file.
How to use this page
- Shopping for a house. Use the 30-year number to sanity check any payment you are budgeting. The estimate page does the math with this week's rate built in.
- Under contract. The weekly number tells you the direction, not whether to lock. Here is how to think about locking.
- Thinking about refinancing. Compare the survey number to the rate on your current loan. If there is a full point of daylight, it is worth a conversation. When refinancing makes sense.
- Watching the market. Come back Thursday afternoon. The table updates once Freddie Mac publishes.
What people ask about the weekly number.
Is this the rate I will get?
How often does this page update?
What is the Freddie Mac Primary Mortgage Market Survey?
Why is the 15-year rate lower than the 30-year?
Do rates in Jacksonville differ from the national average?
Source for every rate on this page: Freddie Mac Primary Mortgage Market Survey, 30-year (MORTGAGE30US) and 15-year (MORTGAGE15US) series, retrieved through the Federal Reserve Bank of St. Louis FRED database. Figures are weekly national averages, are not quotes or offers, and do not represent North Florida Mortgage's pricing. Your rate, APR, and costs depend on your application.
Related, in plain English.
- What can I qualify for in Jacksonville?
Put in four numbers and see a price range and payment at this week's rate. No application.
- Should You Lock Your Mortgage Rate, or Wait?
What a rate lock actually does, how long it lasts, and how to decide.
- How Much House Can You Afford in Jacksonville
Your debt-to-income ratio and your full monthly payment, explained.