Average Mortgage Size in the United States increased to 385.51 Thousand USD in January from 380.61 Thousand USD in December of 2025. This dataset includes a chart with historical data for the United States Average Mortgage Size.

Since 2012, the average amount of a home purchase loan in the United States has increased substantially. In December 2024, the average mortgage loan amounted to ******* U.S. dollars, up from ******* in 2012. Over the last years, house prices grew rapidly. For homebuyers, that also meant an increase in the amount they had to save for a down payment.

Graph and download economic data for Mortgage Debt Service Payments as a Percent of Disposable Personal Income (MDSP) from Q1 2005 to Q3 2025 about disposable, payments, mortgage, personal income, debt, personal, percent, income, services, and USA.

In 2022, Salt Lake City, Utah, had the least affordable housing among the top ten metros with the highest share of Gen Z home buyers in the United States. The average requested mortgage loan amount by Gen Zers was ******* U.S. dollars. Between ** and ** percent of mortgage applications in the metros included in this statistic came from Gen Z home buyers. While house prices do in fact influence Gen Zers' choice, Salt Lake City, UT, had both the largest share of Gen Z mortgage requests and the highest loan amount.

30 Year Mortgage Rate in the United States increased to 6.38 percent in March 26 from 6.22 percent in the previous week. This dataset includes a chart with historical data for the United States 30 Year Mortgage Rate.

United States Home Mortgage: Average Term to Maturity data was reported at 28.700 Year in Jun 2018. This stayed constant from the previous number of 28.700 Year for May 2018. United States Home Mortgage: Average Term to Maturity data is updated monthly, averaging 27.361 Year from Jan 1973 (Median) to Jun 2018, with 546 observations. The data reached an all-time high of 29.600 Year in Jun 2007 and a record low of 22.800 Year in Dec 1973. United States Home Mortgage: Average Term to Maturity data remains active status in CEIC and is reported by Federal Housing Finance Agency. The data is categorized under Global Database’s USA – Table US.KA019: Home Mortgage Terms.

Average mortgage loan amounts by year from 2018-2024 showing the annual average loan size for U.S. home buyers across all loan types including conventional, FHA, VA, and USDA mortgages

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2026-03-26 about 15-year, mortgage, fixed, interest rate, interest, rate, and USA.

View weekly updates and historical trends for 30 Year Mortgage Rate. from United States. Source: Freddie Mac. Track economic data with YCharts analytics.

Average mortgage loan amounts by loan type for U.S. home buyers in 2024, showing loan size variations across different loan types including conventional, FHA, VA, and USDA mortgages

The median monthly mortgage payment in the United States in 2022 was the highest in New Jersey, followed by Hawaii and California. In New Jersey, a homeonwer paid approximately ***** U.S. dollars per month. Nevertheless, this did not include additional costs, such as homeowners association fees, homeowner insurance, or property taxes.

Despite a short period of decrease after the burst of the U.S. housing bubble and the global financial crisis, the total amount of mortgage debt in the United States has been on the rise in recent years. In the third quarter of 2025, the mortgage debt amounted to 21.35 trillion U.S. dollars, up from 13.87 trillion U.S. dollars a decade ago. Which factors impact the amount of mortgage debt? One of the most important factors responsible for the growth of mortgage debt is the number of home sales: The more home transactions, the more mortgages are sold, adding to the volume of debt outstanding. Additionally, as house prices increase, so does the gross lending and debt outstanding. On the other hand, high numbers of housing unit foreclosures and mortgage debt restructuring and short-sales can reduce mortgage debt. Which property type has the largest share of the mortgage market? The total mortgage debt includes different property types, such as one-to-four family residential, multifamily residential, commercial, and farm, but the overwhelming share of debt can be attributed to mortgage debt one-to-four family residences.

After a period of gradual decline, the average annual rate on a 30-year fixed-rate mortgage in the United States rose to **** percent in 2023, up from the record-low **** percent in 2021. In 2025, interest rates declined slightly. The rate for 15-year fixed mortgages and five-year ARM mortgages followed a similar trend. This was a result of the Federal Reserve increasing the bank rate - a measure introduced to tackle the rising inflation. U.S. home prices going through the roof Mortgage rates have a strong impact on the market – the lower the rate, the lower the loan repayment. The rate on a 30-year fixed-rate mortgage decreasing after the Great Recession has stimulated the market and boosted home sales. Another problem consumers face is the fact that house prices are rising at an unaffordable level. The median sales price of a new home sold surged in 2021, while the median weekly earnings of a full-time employee maintained a more moderate increase. What are the differences between 15-year and 30-year mortgages? Two of the most popular loan terms available to homebuyers are the 15-year fixed-rate mortgage and the 30-year fixed-rate mortgage. The 30-year option appeals to more consumers because the repayment is spread out over 30 years, meaning the monthly payments are lower. Consumers choosing the 15-year option will have to pay higher monthly payments but benefit from lower interest rates.

United States WAS: Average Loan Size data was reported at 289.500 USD th in 16 Nov 2018. This records a decrease from the previous number of 290.400 USD th for 09 Nov 2018. United States WAS: Average Loan Size data is updated weekly, averaging 195.400 USD th from Jan 1990 (Median) to 16 Nov 2018, with 1507 observations. The data reached an all-time high of 311.400 USD th in 12 Feb 2016 and a record low of 102.500 USD th in 06 Apr 1990. United States WAS: Average Loan Size data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s United States – Table US.KB008: Mortgage Loan Applications: Weekly Applications Survey.

Average mortgage loan amounts by race for U.S. home buyers in 2024, showing loan size variations across different racial and ethnic groups from American Indian or Alaska Native to Asian borrowers

Average mortgage loan amounts by age bracket for U.S. home buyers in 2024, showing loan size variations across different age groups from 18-24 to 65+ years old

In the United States, interest rates for all mortgage types started to increase in 2021. This was due to the Federal Reserve introducing a series of hikes in the federal funds rate to contain the rising inflation. In the second quarter of 2025, the 30-year fixed rate dropped slightly, to **** percent. The rate remained below the peak of **** percent in the fourth quarter of 2023. Why have U.S. home sales decreased? Cheaper mortgages normally encourage consumers to buy homes, while higher borrowing costs have the opposite effect. As interest rates increased in 2022, the number of existing homes sold plummeted. Soaring house prices over the past 10 years have further affected housing affordability. Between 2014 and 2024, the median price of an existing single-family home risen by about ** percent. On the other hand, the median weekly earnings have risen much slower. Comparing mortgage terms and rates Between 2008 and 2024, the average rate on a 15-year fixed-rate mortgage in the United States stood between **** and **** percent. Over the same period, a 30-year mortgage term averaged a fixed-rate of between **** and **** percent. Rates on 15-year loan terms are lower to encourage a quicker repayment, which helps to improve a homeowner’s equity.

United States Mortgage Debt Outstanding: Effective Interest Rate data was reported at 3.799 % in Mar 2020. This records a decrease from the previous number of 3.872 % for Dec 2019. United States Mortgage Debt Outstanding: Effective Interest Rate data is updated quarterly, averaging 7.677 % from Mar 1977 (Median) to Mar 2020, with 173 observations. The data reached an all-time high of 11.449 % in Mar 1985 and a record low of 3.750 % in Dec 2017. United States Mortgage Debt Outstanding: Effective Interest Rate data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s United States – Table US.KB025: Mortgage Interest Paid. [COVID-19-IMPACT]

Fixed 30-year mortgage rates in the United States averaged 6.43 percent in the week ending March 20 of 2026. This dataset provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Graph and download economic data for Large Bank Consumer Mortgage Originations: Average Interest Rate at Origination by LTV - 30-YR Fixed Rate Mortgage: 66-79 LTV (RCMFLRIGIRAPCTF30LTV66T79) from Q3 2012 to Q3 2025 about FR Y-14M, 30-year, origination, large, mortgage, fixed, average, loans, consumer, interest rate, interest, banks, depository institutions, rate, and USA.