Mortgage Rates This Week
A clear weekly snapshot of national mortgage-rate benchmarks, what moved, and how to use the numbers when planning your next Southern California real-estate decision.
Source: Freddie Mac Primary Mortgage Market Survey® (PMMS®), national averages. Realty Savers commentary is original interpretation and is not a loan quote.
This week’s benchmark rates
| Loan type | Nov. 12, 2026 | Prior week | Year ago* | Weekly move |
|---|---|---|---|---|
| 30-year fixed | 7.11% | 7.18% | 6.24% | -0.07 points |
| 15-year fixed | 6.45% | 6.57% | 5.49% | -0.12 points |
*Year-ago comparison uses Freddie Mac’s November 13, 2025 PMMS report. Rates are rounded to the published benchmark values.
What changed this week?
The 30-year average moved -0.07 points and the 15-year average moved -0.12 points from the prior week. These are national benchmarks—not a personal quote or guaranteed borrower rate.
How to use this page
Use the trend as planning context, then compare your estimated payment, cash-to-close, reserves, and loan options. A lender will price your actual scenario using your credit, income, assets, property, down payment, loan program, points, and other factors.
Illustrative principal-and-interest payments
These examples compare new 30-year fixed loans at the current, prior-week and year-ago Freddie Mac benchmark rates. Existing fixed-rate loan payments do not change with weekly market surveys.
7.11% · $3,364/mo.
7.18% · $3,387/mo.
6.24% · $3,075/mo.
-$23/mo · Lower
+$289/mo · Higher
7.11% · $5,045/mo.
7.18% · $5,081/mo.
6.24% · $4,613/mo.
-$36/mo · Lower
+$432/mo · Higher
7.11% · $6,727/mo.
7.18% · $6,774/mo.
6.24% · $6,151/mo.
-$47/mo · Lower
+$576/mo · Higher
Illustrations are principal and interest only. They exclude property taxes, homeowners insurance, HOA dues, mortgage insurance, points, and other costs. Payment estimates are rounded and are not an offer or commitment to lend.
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Important rate disclaimer
These are Freddie Mac national benchmark averages. They are not a Realty Savers loan quote, commitment, or offer to lend. Your actual rate and payment depend on credit, income, assets, loan program, down payment, property, points, and other factors. Freddie Mac PMMS results are released weekly on Thursdays at 12 p.m. Eastern Time.
Source: Freddie Mac PMMS archive. Information used with proper attribution.
Written or reviewed by Luan Nguyen · Realty Savers · REALTOR® Lic. #02085342 · Mortgage Loan Originator Lic. #1940203