Long term dataset showing the 30 year fixed rate mortgage average in the United States since 1971.

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States from 1991-08-30 to 2025-03-20 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

The rate on 15-year fixed rate mortgages in the United States decreased in the period after the Great Recession and reached its lowest level in 2021, followed by a steep increase in the next two years. In the early 1990s, the rate on a 15-year fixed rate mortgage was between six and nine percent. The rate then fell to 2.27 percent in 2021. After the Federal Reserve introduced several bank rate hikes to tackle the rising inflation, the mortgage rate soared to 6.11 percent - the highest rate observed since 2008. The rate for 30-year fixed mortgages and five-year ARM mortgages followed a similar trend.

30 Year Mortgage Rate in the United States increased to 6.67 percent in March 20 from 6.65 percent in the previous week. This dataset includes a chart with historical data for the United States 30 Year Mortgage Rate.

15-Year Fixed Rate Mortgage Average in the United States was 5.83% in March of 2025, according to the United States Federal Reserve. Historically, 15-Year Fixed Rate Mortgage Average in the United States reached a record high of 8.89 in December of 1994 and a record low of 2.10 in July of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for 15-Year Fixed Rate Mortgage Average in the United States - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for 30-Year Fixed Rate Conforming Mortgage Index: Loan-to-Value Less Than or Equal to 80, FICO Score Greater Than 740 (OBMMIC30YFLVLE80FGE740) from 2017-01-03 to 2025-03-25 about score, 30-year, fixed, mortgage, rate, indexes, and USA.

30-Year Fixed Rate Mortgage Average in the United States was 6.67% in March of 2025, according to the United States Federal Reserve. Historically, 30-Year Fixed Rate Mortgage Average in the United States reached a record high of 18.63 in October of 1981 and a record low of 2.65 in January of 2021. Trading Economics provides the current actual value, an historical data chart and related indicators for 30-Year Fixed Rate Mortgage Average in the United States - last updated from the United States Federal Reserve on March of 2025.

Graph and download economic data for 30-Year Fixed Rate Conforming Non-Adjusted Mortgage Index (OBMMIC30YFNA) from 2017-01-03 to 2025-03-24 about 30-year, fixed, mortgage, rate, indexes, and USA.

Mortgage rates increased at a record pace in 2022, with the 10-year fixed mortgage rate doubling between March 2022 and December 2022. With inflation increasing, the Bank of England introduced several bank rate hikes, resulting in higher mortgage rates. In September 2023, the average 10-year fixed rate interest rate reached 5.1 percent. As borrowing costs get higher, demand for housing is expected to decrease, leading to declining market sentiment and slower house price growth. How have the mortgage hikes affected the market? After surging in 2021, the number of residential properties sold declined in 2022, reaching close to 1.3 million. Despite the number of transactions falling, this figure was higher than the period before the COVID-10 pandemic. The falling transaction volume also impacted mortgage borrowing. Between the first quarter of 2023 and the first quarter of 2024, the value of new mortgage loans fell year-on-year for fourth straight quarters in a row. How are higher mortgages affecting homebuyers? Homeowners with a mortgage loan usually lock in a fixed rate deal for two to ten years, meaning that after this period runs out, they need to renegotiate the terms of the loan. Many of the mortgages outstanding were taken out during the period of record-low mortgage rates and have since faced notable increases in their monthly repayment. About five million homeowners are projected to see their deal expire by the end of 2026. About two million of these loans are projected to experience a monthly payment increase of up to 199 British pounds by 2026.

Fixed 30-year mortgage rates in the United States averaged 6.71 percent in the week ending March 21 of 2025. 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.

The 10-year treasury constant maturity rate in the U.S. is forecast to decline by 0.8 percent by 2026, while the 30-year fixed mortgage rate is expected to fall by 1.6 percent. From seven percent in the third quarter of 2023, the average 30-year mortgage rate is projected to reach 5.4 percent in 2026.

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the Southwest Freddie Mac Region (DISCONTINUED) (MORTGAGE15SW) from 1991-08-30 to 2015-12-31 about Southwest Freddie Mac Region, 15-year, fixed, mortgage, rate, and USA.

United States Mortgage Fixed Rate: Mth Avg: 15 Year data was reported at 4.250 % pa in Oct 2018. This records an increase from the previous number of 4.080 % pa for Sep 2018. United States Mortgage Fixed Rate: Mth Avg: 15 Year data is updated monthly, averaging 5.680 % pa from Sep 1991 (Median) to Oct 2018, with 326 observations. The data reached an all-time high of 8.800 % pa in Jan 1995 and a record low of 2.660 % pa in Apr 2013. United States Mortgage Fixed Rate: Mth Avg: 15 Year data remains active status in CEIC and is reported by Federal Home Loan Mortgage Corporation, Freddie Mac. The data is categorized under Global Database’s United States – Table US.M012: Mortgage Interest Rate.

The mortgage interest rate for all maturities beyond ten years of the initial fixed period in Italy decreased overall between 2016 and 2021, followed by an increase in 2022. As of the second quarter of 2024, the average mortgage rate was 3.44 percent. As of December 2019, interest rates were the highest in Sardinia and the lowest in Lombardy.

Graph and download economic data for Contract Rate on 30-Year, Fixed-Rate Conventional Home Mortgage Commitments (DISCONTINUED) (WRMORTG) from 1971-04-01 to 2016-10-06 about conventional, 30-year, mortgage, interest rate, interest, rate, and USA.

This dataset provides values for 30 YEAR MORTGAGE RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

United States Mortgage Fixed Rate: Mth Avg: 30 Year data was reported at 4.870 % pa in Nov 2018. This records an increase from the previous number of 4.830 % pa for Oct 2018. United States Mortgage Fixed Rate: Mth Avg: 30 Year data is updated monthly, averaging 7.635 % pa from Apr 1971 (Median) to Nov 2018, with 572 observations. The data reached an all-time high of 18.450 % pa in Oct 1981 and a record low of 3.350 % pa in Dec 2012. United States Mortgage Fixed Rate: Mth Avg: 30 Year data remains active status in CEIC and is reported by Federal Home Loan Mortgage Corporation, Freddie Mac. The data is categorized under Global Database’s United States – Table US.M012: Mortgage Interest Rate.

United States Mortgage Fixed Rate: Wk Ending: 15 Year: Point data was reported at 0.400 % pa in 25 Oct 2018. This stayed constant from the previous number of 0.400 % pa for 18 Oct 2018. United States Mortgage Fixed Rate: Wk Ending: 15 Year: Point data is updated weekly, averaging 0.600 % pa from Jan 2004 (Median) to 25 Oct 2018, with 773 observations. The data reached an all-time high of 0.800 % pa in 25 Jul 2013 and a record low of 0.070 % pa in 24 Nov 2011. United States Mortgage Fixed Rate: Wk Ending: 15 Year: Point data remains active status in CEIC and is reported by Federal Home Loan Mortgage Corporation, Freddie Mac. The data is categorized under Global Database’s USA – Table US.M012: Mortgage Interest Rate.

Graph and download economic data for 30-Year Fixed Rate USDA Mortgage Index (OBMMIUSDA30YF) from 2017-01-03 to 2025-03-26 about USDA, 30-year, fixed, mortgage, rate, indexes, and USA.

In December 2024, the median interest rate of 10-year fixed rate housing loans provided by city banks in Japan stood at 4.06 percent. This represented a decade high.