Fixed 30-year mortgage rates in the United States averaged 6.88 percent in the week ending June 20 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.

30 Year Mortgage Rate in the United States decreased to 6.77 percent in June 26 from 6.81 percent in the previous week. This dataset includes a chart with historical data for the United States 30 Year Mortgage Rate.

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 fourth quarter of 2024, the 30-year fixed rate rose slightly, to **** percent. Despite the increase, the rate remained below the peak of **** percent in the same quarter a year ago. 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 2013 and 2023, 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 2023, 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.

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-06-26 about 15-year, fixed, mortgage, interest rate, interest, rate, and USA.

After a period of gradual decline, the average annual rate on a 30-year fixed-rate mortgage in the United States rose to 6.81 percent in 2023, up from the record-low 2.96 percent in 2021. In 2024, 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.

Exploiting variation in the timing of resets of adjustable-rate mortgages (ARMs), we find that a sizable decline in mortgage payments (up to 50 percent) induces a significant increase in car purchases (up to 35 percent). This effect is attenuated by voluntary deleveraging. Borrowers with lower incomes and housing wealth have significantly higher marginal propensity to consume. Areas with a larger share of ARMs were more responsive to lower interest rates and saw a relative decline in defaults and an increase in house prices, car purchases, and employment. Household balance sheets and mortgage contract rigidity are important for monetary policy pass-through.

France Mortgage Rate: Avg: Consumer: Up to 1 Year data was reported at 3.780 % in Mar 2025. This records an increase from the previous number of 3.750 % for Feb 2025. France Mortgage Rate: Avg: Consumer: Up to 1 Year data is updated monthly, averaging 3.120 % from Jan 2003 (Median) to Mar 2025, with 267 observations. The data reached an all-time high of 5.380 % in Dec 2008 and a record low of 1.160 % in Feb 2022. France Mortgage Rate: Avg: Consumer: Up to 1 Year data remains active status in CEIC and is reported by Banque de France. The data is categorized under Global Database’s France – Table FR.M007: Mortgage Rate. http://www.banque-france.fr/gb/stat_conjoncture/series/statmon/html/statmon.htm [COVID-19-IMPACT]

Interactive historical chart showing the 30 year fixed rate mortgage average in the United States since 1971.

Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: Up to 1 Year data was reported at 3.770 % pa in Mar 2025. This records a decrease from the previous number of 3.870 % pa for Feb 2025. Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: Up to 1 Year data is updated monthly, averaging 3.905 % pa from Dec 1995 (Median) to Mar 2025, with 352 observations. The data reached an all-time high of 7.430 % pa in Dec 1995 and a record low of 0.900 % pa in Jan 2022. Austria Lending Rate: NB: Households: Mortgage: Rate Fixation: Up to 1 Year data remains active status in CEIC and is reported by Oesterreichische Nationalbank. The data is categorized under Global Database’s Austria – Table AT.M004: Lending Rates. Households include nonprofit institutions serving households.

Following the drastic increase directly after the COVID-19 pandemic, the delinquency rate started to gradually decline, falling below *** percent in the second quarter of 2023. In the second half of 2023, the delinquency rate picked up, but remained stable throughout 2024. In the first quarter of 2025, **** percent of mortgage loans were delinquent. That was significantly lower than the **** percent during the onset of the COVID-19 pandemic in 2020 or the peak of *** percent during the subprime mortgage crisis of 2007-2010. What does the mortgage delinquency rate tell us? The mortgage delinquency rate is the share of the total number of mortgaged home loans in the U.S. where payment is overdue by 30 days or more. Many borrowers eventually manage to service their loan, though, as indicated by the markedly lower foreclosure rates. Total home mortgage debt in the U.S. stood at almost ** trillion U.S. dollars in 2024. Not all mortgage loans are made equal ‘Subprime’ loans, being targeted at high-risk borrowers and generally coupled with higher interest rates to compensate for the risk. These loans have far higher delinquency rates than conventional loans. Defaulting on such loans was one of the triggers for the 2007-2010 financial crisis, with subprime delinquency rates reaching almost ** percent around this time. These higher delinquency rates translate into higher foreclosure rates, which peaked at just under ** percent of all subprime mortgages in 2011.

Data for households in receipt of Support for Mortgage Interest (SMI) loans is available in Stat-Xplore on a quarterly basis.

These quarterly experimental statistics include the number of households who are currently in receipt of the support as well as the number who have received SMI loans so far (see the background information and methodology note for an explanation of households).

The statistics are broken down by:

• Quarter
• Country, Region
• Qualifying Benefit

Geography data

Geography information may not be up to date for some households. This affects the geography statistics from April 2020.

Background information

Read the background information and methodology note for guidance on these statistics, such as timeliness and interpretation.

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Next release

Support for Mortgage Interest statistics are published quarterly. The dates for future releases are listed in the statistics release calendar.

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In addition to staff who are responsible for the production and quality assurance of the statistics, up to 24-hour pre-release access is provided to ministers and other officials. We publish the job titles and organisations of the people who have been granted up to 24-hour pre-release access to the latest Support for Mortgage Interest statistics.

Weekly updated dataset of Nationwide Building Society mortgage products, including interest rates, LTVs, APRC and product fees.

Mortgage interest rates in Europe soared in 2022 and remained elevated in the following two years. In many countries, this resulted in interest rates more than doubling. In the UK, the average mortgage interest rate rose from **** percent in 2020 to **** percent in 2023, before falling to **** in 2024. Why did mortgage interest rates increase? Mortgage rates have risen as a result of the European Central Bank (ECB) interest rate increase. The ECB increased its interest rates to tackle inflation. As inflation calms, the ECB is expected to cut rates, which allows mortgage lenders to reduce mortgage interest rates. What is the impact of interest rates on home buying? Lower interest rates make taking out a housing loan more affordable, and thus, encourage homebuying. That can be seen in many countries across Europe: In France, the number of residential properties sold rose in the years leading up to 2021, and fell as interest rates increased. The number of houses sold in the UK followed a similar trend.

Greece Lending Rate: Outstanding Amount (OA): Households: Mortgage Loans: Over 1 and Up to 5 Years data was reported at 4.556 % pa in Sep 2018. This records an increase from the previous number of 4.554 % pa for Aug 2018. Greece Lending Rate: Outstanding Amount (OA): Households: Mortgage Loans: Over 1 and Up to 5 Years data is updated monthly, averaging 4.574 % pa from Sep 2002 (Median) to Sep 2018, with 193 observations. The data reached an all-time high of 6.580 % pa in May 2003 and a record low of 3.353 % pa in Jul 2016. Greece Lending Rate: Outstanding Amount (OA): Households: Mortgage Loans: Over 1 and Up to 5 Years data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.M005: Lending Rates.

Mortgage Application in the United States increased by 1.10 percent in the week ending June 20 of 2025 over the previous week. This dataset provides - United States MBA Mortgage Applications - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for 30-Year Fixed Rate FHA Mortgage Index (OBMMIFHA30YF) from 2017-01-03 to 2025-06-26 about FHA, 30-year, fixed, mortgage, rate, indexes, and USA.

Greece Lending Rate: NB: Households: Mortgage Loans: Over 1 and Up to 5 Years data was reported at 2.734 % pa in Jan 2017. This records a decrease from the previous number of 5.296 % pa for Dec 2016. Greece Lending Rate: NB: Households: Mortgage Loans: Over 1 and Up to 5 Years data is updated monthly, averaging 4.647 % pa from Sep 2002 (Median) to Jan 2017, with 131 observations. The data reached an all-time high of 6.080 % pa in Feb 2003 and a record low of 1.862 % pa in Jul 2012. Greece Lending Rate: NB: Households: Mortgage Loans: Over 1 and Up to 5 Years data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.M005: Lending Rates.

Greece Lending Rate: NB: Households: Mortgage Loans: Over 5 and Up to 10 Years data was reported at 4.348 % pa in Jan 2017. This records a decrease from the previous number of 4.764 % pa for Dec 2016. Greece Lending Rate: NB: Households: Mortgage Loans: Over 5 and Up to 10 Years data is updated monthly, averaging 5.365 % pa from Sep 2002 (Median) to Jan 2017, with 116 observations. The data reached an all-time high of 7.050 % pa in Feb 2003 and a record low of 3.510 % pa in Feb 2010. Greece Lending Rate: NB: Households: Mortgage Loans: Over 5 and Up to 10 Years data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.M005: Lending Rates.

Greece Lending Rate: NB: Households: Mortgage Loans: Up to 1 Year or Floating data was reported at 2.998 % pa in Sep 2018. This records an increase from the previous number of 2.974 % pa for Aug 2018. Greece Lending Rate: NB: Households: Mortgage Loans: Up to 1 Year or Floating data is updated monthly, averaging 3.648 % pa from Sep 2002 (Median) to Sep 2018, with 193 observations. The data reached an all-time high of 5.920 % pa in Oct 2008 and a record low of 2.352 % pa in Jan 2016. Greece Lending Rate: NB: Households: Mortgage Loans: Up to 1 Year or Floating data remains active status in CEIC and is reported by Bank of Greece. The data is categorized under Global Database’s Greece – Table GR.M005: Lending Rates.

Austria Lending Rate: OA: Households: Mortgage: Agreed Maturity up to 1 Year data was reported at 4.270 % pa in Mar 2025. This records a decrease from the previous number of 4.320 % pa for Feb 2025. Austria Lending Rate: OA: Households: Mortgage: Agreed Maturity up to 1 Year data is updated monthly, averaging 2.720 % pa from Jan 2003 (Median) to Mar 2025, with 267 observations. The data reached an all-time high of 4.390 % pa in Oct 2008 and a record low of 0.200 % pa in Jun 2022. Austria Lending Rate: OA: Households: Mortgage: Agreed Maturity up to 1 Year data remains active status in CEIC and is reported by Oesterreichische Nationalbank. The data is categorized under Global Database’s Austria – Table AT.M004: Lending Rates.