Michigan Home Calcs logoMichigan Home Calcs

Mortgage Rates Today

Current national average fixed mortgage rates from the Freddie Mac Primary Mortgage Market Survey, for the week of June 18, 2026. These are national averages — see Michigan mortgage rates for local lenders, or use the Michigan mortgage calculator to see what a given rate means for your monthly payment here.

30-Year Fixed
6.47%
▼ 0.05 from last week
Survey week of June 18, 2026
15-Year Fixed
5.81%
▼ 0.03 from last week
Survey week of June 18, 2026
Advertisement

Recent trend

Week of30-Yr15-Yr
June 18, 20266.47%5.81%
June 11, 20266.52%5.84%
June 4, 20266.48%5.79%
May 28, 20266.53%5.87%
May 21, 20266.51%5.85%
May 14, 20266.36%5.71%
May 7, 20266.37%5.72%
April 30, 20266.30%5.64%
April 23, 20266.23%5.58%
April 16, 20266.30%5.65%
April 9, 20266.37%5.74%
April 2, 20266.46%5.77%

How these rates are measured

These figures come from Freddie Mac's Primary Mortgage Market Survey (PMMS), the most widely cited mortgage-rate benchmark in the U.S. PMMS is released every Thursday and reflects rates on conventional, conforming mortgages for borrowers with strong credit putting 20% down — so the rate you're personally quoted may be higher or lower depending on your credit, down payment, loan type, and lender.

Why daily "rates today" numbers differ

PMMS is a weekly average. Daily rate trackers you may see elsewhere use proprietary lender feeds and can move within the week as bond markets move. For most planning, the weekly PMMS average is the reliable, transparent benchmark.

Disclaimer: Michigan Home Calcs displays national average rates for informational purposes only. They are not an offer or quote. Source: Freddie Mac PMMS via the Federal Reserve Bank of St. Louis (FRED).