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Freddie Mac Cuts 30-Year Mortgage Rate to 6.65%

8/21/2026

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Story summary
  • Freddie Mac reported 30-year fixed mortgage rates fell to 6.65%, down from 6.67% the prior week.
  • Freddie Mac said 15-year fixed rates eased to 5.95% from 5.96%.
  • The Treasury Department announced it will double its bond-buyback program in the coming months.
  • Freddie Mac warned higher rates have limited homebuyers’ purchasing power and slowed U.S. home sales.
  • The 10-year Treasury yield hovered near 4.7% Thursday, with recent 10-year auction at 4.683%.