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 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 2,440 U.S. dollars per month. Nevertheless, this did not include additional costs, such as homeowners association fees, homeowner insurance, or property taxes.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Avalon, New Jersey. It's important to understand that mortgage rates can vary greatly and can change yearly.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Carlstadt, New Jersey. It's important to understand that mortgage rates can vary greatly and can change yearly.

The average price per square foot of floor space in new single-family housing in the United States decreased after the great financial crisis, followed by several years of stagnation. Since 2012, the price has continuously risen, hitting 168 U.S. dollars per square foot in 2022. In 2024, the average sales price of a new home exceeded 500,000 U.S. dollars. Development of house sales in the U.S. One of the reasons for rising property prices is the gradual growth of house sales between 2011 and 2020. This period was marked by the gradual recovery following the subprime mortgage crisis and a growing housing sentiment. Another significant factor for the housing demand was the growing number of new household formations each year. Despite this trend, housing transactions plummeted in 2021, amid soaring prices and borrowing costs. In 2021, the average construction cost for single-family housing rose by nearly 12 percent year-on-year, and in 2022, the increase was even higher, at close to 17 percent. Financing a house purchase Mortgage interest rates in the U.S. rose dramatically in 2022 and remained elevated until 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type was more than twice higher. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each zip code in Bridgewater, New Jersey. It's important to understand that mortgage rates can vary greatly and can change yearly.

The table below showcases the 10th, 25th, 50th, 75th, and 90th percentiles of mortgage rates for each city in Union County, New Jersey. It's important to understand that mortgage rates can vary greatly and can change yearly.