Market report

Mortgage rates: Freddie Mac Primary Mortgage Market Survey,September 17, 2026. Buyer/seller behaviour: NAR 2025 Profile of Home Buyers and Sellers (survey year July 2024–June 2025).

Rates: the year in one paragraph

Thirty-year fixed rates averaged 6.69% across the NAR survey year (survey year July 2024–June 2025) and have moved in a band around the high-6s since; the latest weekly average is 6.95%. What that means practically: payment-first budgets matter more than headline price, and refinancing is a live option to price in rather than a promise to count on.

What buyers are doing

88% of buyers purchased through an agent and 43% found theirs through a referral — trust travels by word of mouth even when the search happens online. First-time buyers remain a large share of the market and lean hardest on financing clarity.

What sellers are doing

91% of sellers used an agent, and only a small fraction sold without one. Since the 2024 commission-rule changes (explained in our commission guide), seller decisions about offering buyer-agent compensation have become an explicit strategy choice rather than a default.

Method & honesty notes

• All figures on this page are national context with their source and date printed alongside.
• We do not publish local price statistics until they come from a verified local data feed for our service area.
• Rates are weekly averages, not offers; your quote depends on credit, property, and program.