Fixed 30-year mortgage rates in the United States averaged 6.40 percent in the week ending November 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 global mortgage loan service market is experiencing robust growth, driven by factors such as increasing urbanization, rising disposable incomes, and favorable government policies promoting homeownership. The market, valued at approximately $2 trillion in 2025, is projected to exhibit a Compound Annual Growth Rate (CAGR) of 6% from 2025 to 2033. This expansion is fueled by a burgeoning demand for both residential and commercial mortgages, particularly in emerging economies with rapidly expanding middle classes. The residential segment currently dominates the market share, accounting for approximately 70%, with individual borrowers representing the largest application segment. However, the commercial estate and enterprise segments are witnessing significant growth, driven by increased corporate investments and infrastructural development. Key players like Rocket Mortgage, United Shore Financial Services, and Quicken Loans are leveraging technological advancements such as online platforms and AI-powered loan processing to enhance efficiency and customer experience, shaping the competitive landscape. The growth trajectory is expected to be influenced by fluctuating interest rates, macroeconomic conditions, and evolving regulatory frameworks. Nevertheless, the long-term outlook remains positive, underpinned by the fundamental drivers mentioned above. Technological advancements, particularly in fintech, are reshaping the mortgage loan service landscape. The rise of digital platforms, streamlined application processes, and enhanced data analytics are significantly improving accessibility and speed of loan approvals. This efficiency boost is leading to increased competition, encouraging lenders to offer more competitive interest rates and flexible repayment options to attract borrowers. Furthermore, the increasing adoption of alternative credit scoring models is broadening access to mortgage loans for previously underserved populations. Regional variations in market growth are expected, with North America and Asia-Pacific representing the largest markets. However, emerging economies in regions like South America and Africa hold significant potential for future growth, given the increasing demand for housing and infrastructural development within these markets. Geographic expansion and strategic partnerships remain key strategies for players aiming for market dominance within this evolving sector.

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

Mortgage Application in the United States increased by 0.20 percent in the week ending November 21 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.

The USA home loan market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 18% from 2025 to 2033. While the exact market size for 2025 is not provided, considering a typical large market size and the substantial growth rate, a reasonable estimate would place the market value at approximately $2 trillion in 2025. This significant expansion is driven by several key factors, including a rising population, increasing urbanization, favorable government policies promoting homeownership, and historically low-interest rates (though this last factor is less significant in recent years). The market is witnessing a shift towards digital platforms and online mortgage applications, streamlining the process for borrowers and increasing competition amongst lenders. However, challenges remain, such as fluctuating interest rates, potential economic downturns impacting affordability, and stringent lending regulations designed to protect borrowers. The competitive landscape is dominated by major players like Rocket Mortgage, LoanDepot, Wells Fargo, and Bank of America, along with regional and independent mortgage lenders. These companies are constantly innovating to cater to evolving customer preferences, offering personalized services, and leveraging data analytics for improved risk assessment. The market segmentation is likely diverse, encompassing various loan types (e.g., fixed-rate, adjustable-rate, FHA, VA loans), loan amounts, and borrower demographics. Future growth will depend on macroeconomic factors, including inflation, employment rates, and overall consumer confidence. Continued technological advancements and regulatory changes will significantly influence the market trajectory throughout the forecast period. Key drivers for this market are: Increase in digitization in mortgage lending market, Increase in innovations in software designs to speed up the mortgage-application process. Potential restraints include: Increase in digitization in mortgage lending market, Increase in innovations in software designs to speed up the mortgage-application process. Notable trends are: Growth in Nonbank Lenders is Expected to Drive the Market.

Discover the booming US mortgage lending market! This in-depth analysis reveals key trends, growth drivers, and forecasts for 2025-2033, including regional breakdowns and leading players like Bank of America and Chase. Explore market segmentation, CAGR projections, and competitive insights. Recent developments include: August 2023: Spring EQ, a provider of home equity financing solutions, has entered into a definitive agreement to be acquired by an affiliate of Cerberus Capital Management, L.P., a global leader in alternative investing. The main aim of the partnership is to support Spring EQ's mission to deliver offerings and expand its leadership in the home equity financing market., June 2023: VIU by HUB, a digital insurance brokerage platform subsidiary of Hub International Limited, has entered into a new partnership with Unison, a home equity-sharing company. The collaboration will allow homeowners to compare insurance coverage quotes from various carriers and receive expert advice throughout the process.. Key drivers for this market are: Home Renovation Trends are Driving the Market. Potential restraints include: Home Renovation Trends are Driving the Market. Notable trends are: Home Equity Lending Market is Being Stimulated By Rising Home Prices.

The US Home Loan Market Report is Segmented by Loan Purpose (Purchase, Home Improvement/Renovation, Others), Provider (Banks, Housing Finance Companies, Others), Interest Rates (Fixed Interest Rates, Floating Interest Rates), and Loan Tenure (Less Than or Equal To 10 Years, 11 – 20 Years, and Longer Than 20 Years). The Market Forecasts are Provided in Terms of Value (USD).

Graph and download economic data for Expenditures: Mortgage Interest and Charges by Quintiles of Income Before Taxes: Incomplete Income Reports (CXUOWNMORTGLB01A2M) from 1984 to 2003 about mortgage, tax, expenditures, income, interest, and USA.

This table contains 102 series, with data starting from 2013, and some select series starting from 2016. This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Components (51 items: Total, funds advanced, residential mortgages, insured; Variable rate, insured; Fixed rate, insured, less than 1 year; Fixed rate, insured, from 1 to less than 3 years; ...), and Unit of measure (2 items: Dollars; Interest rate). For additional clarification on the component dimension, please visit the OSFI website for the Report on New and Existing Lending.

Discover the latest trends in the multi-trillion dollar mortgage lending market. This analysis projects growth, examines key players like Wells Fargo & Quicken Loans, and explores the impact of interest rates and regulatory changes on future market performance. Learn how rising interest rates and economic uncertainty affect this dynamic sector.

The Japan Mortgage/Loan Brokers Market report segments the industry into By Type Of Mortgage Loan (Conventional Mortgage Loan, Jumbo Loans, Government-Insured Mortgage Loans, Other Types Of Mortgage Loan), By Mortgage Loan Terms (30- Years Mortgage, 20-Year Mortgage, 15-Year Mortgage, Other Mortgage Loan Terms), By Interest Rate (Fixed-Rate, Adjustable-Rate), and By Provider (Primary Mortgage Lender, Secondary Mortgage Lender).

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.

Residential Mortgage Market Outlook

As per our latest research, the global residential mortgage market size reached USD 14.2 trillion in 2024, reflecting robust activity across developed and emerging economies. The market is projected to grow at a CAGR of 5.4% from 2025 to 2033, reaching a forecasted value of USD 22.6 trillion by 2033. This growth is propelled by increasing urbanization, rising disposable incomes, and ongoing innovation in mortgage products and digital lending platforms. The residential mortgage market continues to be a critical pillar in the global financial landscape, supporting home ownership and acting as a catalyst for economic development.

One of the primary growth factors driving the residential mortgage market is the persistent global demand for home ownership, particularly in rapidly urbanizing regions. As populations shift from rural to urban areas, the need for affordable and accessible housing finance solutions intensifies. Governments and financial institutions are responding by implementing supportive policies, such as lower interest rates, relaxed lending norms, and first-time homebuyer incentives. These initiatives not only facilitate easier access to mortgage loans but also stimulate the construction and real estate sectors, creating a positive feedback loop that sustains market expansion. Additionally, the growing middle class in emerging markets is fueling demand for residential mortgages, as more individuals aspire to own property as a means of wealth creation and security.

Another significant factor influencing the residential mortgage market is the rapid evolution of digital lending platforms and fintech innovations. Technology is transforming the traditional mortgage process by streamlining application procedures, enhancing risk assessment through advanced analytics, and reducing approval times. Digital mortgage solutions are particularly attractive to younger, tech-savvy borrowers who prioritize convenience and transparency. The integration of artificial intelligence, blockchain, and big data analytics is enabling lenders to offer more personalized products, improve fraud detection, and optimize loan servicing. As a result, digital transformation is not only expanding the reach of mortgage products but also improving customer experience and operational efficiency within the residential mortgage ecosystem.

Moreover, the diversification of mortgage products is broadening the appeal of the residential mortgage market to a wider range of borrowers. Lenders are increasingly offering flexible mortgage options, such as adjustable-rate mortgages, interest-only loans, and reverse mortgages, to cater to diverse financial needs and risk profiles. This product innovation is particularly relevant in markets with fluctuating interest rates or aging populations seeking to unlock home equity. The ability to tailor mortgage solutions to specific borrower segments enhances market penetration and fosters long-term customer relationships. Furthermore, the rise of non-traditional lenders, such as non-banking financial companies and online platforms, is intensifying competition and driving further innovation in product offerings and service delivery.

From a regional perspective, North America continues to dominate the residential mortgage market, accounting for the largest share of global mortgage origination and outstanding balances. However, Asia Pacific is emerging as the fastest-growing region, supported by rapid urbanization, government housing initiatives, and the expansion of digital lending infrastructure. Europe remains a mature market with stable growth, while Latin America and the Middle East & Africa are witnessing increased mortgage activity due to improving economic conditions and demographic shifts. The interplay of regional economic trends, regulatory environments, and consumer preferences will continue to shape the trajectory of the global residential mortgage market in the coming years.

Type Analysis

The residential mortgage market by type encompasses a variety of loan structures designed to meet the diverse financial needs of borrowers. Fixed-rate mortgages remain the most popular choice globally, offering predictable monthly payments and long-term stability. These products are particularly favored in low-interest rate environments, as borrowers seek to lock in favorable rates for extended periods. The predictability of fixed-rate mortgages appeals to risk-averse c

The global home loan market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 7% from 2025 to 2033. While the exact 2025 market size ("XX Million") is unspecified, considering a typical market size for such sectors and the provided CAGR, a reasonable estimation would place it in the range of several hundred billion to a trillion dollars depending on the geographical scope of the report (global, regional etc.). This substantial market value underscores the significant demand for home financing globally. The growth is propelled by several key factors, including increasing urbanization, rising disposable incomes in developing economies, supportive government policies promoting homeownership, and the ongoing expansion of the mortgage lending sector itself. Technological advancements, such as online lending platforms and streamlined application processes, also contribute to market expansion by increasing accessibility and efficiency. Conversely, factors like fluctuating interest rates, stringent lending regulations intended to mitigate risk, and economic downturns impacting consumer confidence can act as market restraints. However, the consistent growth trajectory suggests that the positive drivers outweigh these challenges in the long term. The home loan market is segmented based on various criteria such as loan type (fixed-rate, adjustable-rate, etc.), borrower profile (first-time homebuyers, repeat buyers), and loan amount (high-value, low-value). Key players in this dynamic market include established financial institutions like Bank of America, Charles Schwab, Citigroup, Goldman Sachs (Marcus), HSBC, JPMorgan Chase, Morgan Stanley, and Wells Fargo, alongside specialized mortgage lenders such as Dewan Housing Finance Corporation and LIC Housing Finance. Competition among these entities is intense, with each striving to innovate and offer competitive products and services to capture market share within their respective segments. This competition benefits consumers through improved terms and offerings, further driving market growth. The market's future growth trajectory will largely be influenced by the interplay between these driving forces, the potential impact of unforeseen economic events, and ongoing regulatory changes. Key drivers for this market are: Real Estate Market Trends, Government Policies. Potential restraints include: Real Estate Market Trends, Government Policies. Notable trends are: Turkey has the Highest Mortgage Interest Rate.

The global residential mortgage loan market is experiencing robust growth, driven by urbanization, rising incomes, and favorable lending policies. This comprehensive analysis explores market size, key players (Wells Fargo, JPMorgan Chase, Bank of America, etc.), regional trends, and future forecasts through 2033, revealing opportunities and challenges in this dynamic sector.

This table contains 80 series, with data starting from 1982 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Mortgages (4 items: Total, mortgage loans outstanding; Mortgages in Canada outstanding; Mortgage loans outside Canada outstanding; Allowance for credit losses); Increases and decreases (15 items: Total, increases and decreases; Gross increase; Cash disbursement of principal; Purchases of mortgages from; ...); Type of mortgage (7 items: Total, mortgages; Total, residential mortgages; Residential mortgages, insured; Residential mortgages, uninsured; ...).

Switzerland Mortgage Rate: Variable data was reported at 2.633 % pa in Sep 2018. This stayed constant from the previous number of 2.633 % pa for Aug 2018. Switzerland Mortgage Rate: Variable data is updated monthly, averaging 4.295 % pa from Jun 1976 (Median) to Sep 2018, with 508 observations. The data reached an all-time high of 7.990 % pa in Jan 1991 and a record low of 2.623 % pa in Nov 2017. Switzerland Mortgage Rate: Variable data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.M005: Mortgage Rates.

Switzerland Mortgage Rate: Fixed: by Maturity: 5 Years data was reported at 1.252 % pa in Sep 2018. This records an increase from the previous number of 1.201 % pa for Aug 2018. Switzerland Mortgage Rate: Fixed: by Maturity: 5 Years data is updated monthly, averaging 1.580 % pa from Jan 2008 (Median) to Sep 2018, with 129 observations. The data reached an all-time high of 4.500 % pa in Jun 2008 and a record low of 1.170 % pa in May 2017. Switzerland Mortgage Rate: Fixed: by Maturity: 5 Years data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.M005: Mortgage Rates.

Graph and download economic data for 15-Year Fixed Rate Mortgage Average in the United States (MORTGAGE15US) from 1991-08-30 to 2025-11-26 about 15-year, mortgage, fixed, interest rate, interest, rate, and USA.

Switzerland Mortgage Rate: Fixed: by Maturity: 10 Years data was reported at 1.779 % pa in Sep 2018. This records an increase from the previous number of 1.697 % pa for Aug 2018. Switzerland Mortgage Rate: Fixed: by Maturity: 10 Years data is updated monthly, averaging 2.290 % pa from Jan 2008 (Median) to Sep 2018, with 129 observations. The data reached an all-time high of 4.700 % pa in Jun 2008 and a record low of 1.520 % pa in Sep 2016. Switzerland Mortgage Rate: Fixed: by Maturity: 10 Years data remains active status in CEIC and is reported by Swiss National Bank. The data is categorized under Global Database’s Switzerland – Table CH.M005: Mortgage Rates.