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1970s mortgage rate trends. The average 30-year fixed-rate mortgage started the decade at about 7.5 percent in 1971 (the earliest year for which data is available), according to Freddie Mac.
New data from Freddie Mac shows week-over-week mortgage rates surging as of Friday, October 11, 2024, the average 30-year benchmark posting its largest one-week rate increase since April.
The current average interest rate for a 30-year fixed mortgage is 7.21% for purchase and 7.22% for refinance, down 12 basis points from 7.33% for purchase and down 8 basis points from 7.30% for ...
The current average interest rate for a 30-year fixed mortgage is 6.46% for purchase and 6.48% for refinance — up 26 basis points from 6.20% for purchase and 26 basis points from 6.22% for ...
Average rates for popular mortgage terms are inching in opposite directions as of Tuesday, October 1, 2024, with benchmark 30-year rates moving higher, while 15-year rates crawl lower toward 5.50%.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
Average mortgage rates are trending down as of Thursday, September 19, 2024, a day after the Federal Reserve announced it was lowering its benchmark interest rate by 50 basis points to a range of ...
Average mortgage rates are trending higher week over week as of Wednesday, October 16, 2024, though at a slower single-digit pace, with the 30-year fixed benchmark now at 6.55%.