MORTGAGE30US30-Year Fixed Mortgage Rate (MORTGAGE30US) — Current Value & Historical Data
30-Year Fixed Mortgage Rate (MORTGAGE30US) Chart & Data Table
Showing 522 of 2,886 observations. Pick "All" to see the full history (1971-04-02–2026-07-16).
Gray bands: NBER recessions·Dashed lines: key policy events
What is 30-Year Fixed Mortgage Rate (MORTGAGE30US)?
The 30-year fixed mortgage rate is the average interest rate on a newly originated 30-year conventional conforming mortgage in the United States, published weekly by Freddie Mac as part of the Primary Mortgage Market Survey (PMMS). It is the dominant home-loan product in the U.S. housing market and the single most-quoted figure in residential real estate. The rate is not set by the Fed; it tracks the 10-year Treasury yield plus a spread — typically 150 to 250 basis points — that reflects prepayment risk, credit spreads, and demand for mortgage-backed securities. Movements feed directly into housing affordability: a one-percentage-point rise on a $400,000 loan adds roughly $240 to the monthly payment. The PMMS rate fell to an all-time low of 2.65% in January 2021 during pandemic-era balance-sheet expansion, then climbed above 7.79% in October 2023 — the highest level in more than two decades — as the Fed's tightening cycle rippled through fixed-income markets.
Current 30-Year Fixed Mortgage Rate (MORTGAGE30US) Value
As of July 16, 2026, the current 30-year fixed rate mortgage average in the united states is 6.55 Percent. This is the most recent observation available for this series, updated weekly, ending thursday.
30-Year Fixed Mortgage Rate Historical Trend
30-Year Fixed Rate Mortgage Average in the United States rose 0.92% year-over-year. In the series' tracked history, the highest recorded value was 18.63 (October 1981), and the lowest was 2.65 (January 2021).
Methodology & Source
Source
Freddie Mac
Frequency
Weekly, Ending Thursday
Units
Percent
Notes
On November 17, 2022, Freddie Mac changed the methodology of the Primary Mortgage Market Survey® (PMMS®). The weekly mortgage rate is now based on applications submitted to Freddie Mac from lenders across the country. For more information regarding Freddie Mac’s enhancement, see their research note ...
Frequently Asked Questions About 30-Year Fixed Mortgage Rate (MORTGAGE30US)
What is the current 30-year fixed rate mortgage average in the united states?
As of July 16, 2026, 30-year fixed rate mortgage average in the united states stands at 6.55 Percent.
Where does 30-year fixed rate mortgage average in the united states data come from?
30-Year Fixed Rate Mortgage Average in the United States data is sourced from the Federal Reserve Economic Data (FRED) system and related U.S. government agencies. Data quality and historical coverage vary by series.
How often is 30-year fixed rate mortgage average in the united states updated?
This series is updated according to its publication schedule. Check FRED or the source agency for the most current release calendar.
What is the historical high and low for 30-year fixed rate mortgage average in the united states?
In the available data, the highest value was 18.63 Percent in October 1981, and the lowest was 2.65 Percent in January 2021.
See 30-Year Fixed Mortgage Rate in context
MORTGAGE30US is tracked on the Interest Rates dashboard, alongside related indicators and historical context.
View the Interest Rates dashboard →Related government-spending dashboards
How 30-Year Fixed Mortgage Rate connects to the federal budget across GOVSPENDING.ORG:
Federal Debt
Total public debt, debt held by the public, and intragovernmental holdings.
Receipts vs Outlays
Federal revenue, spending, and the resulting surplus or deficit over time.
Congressional Activity
Recent legislation, appropriations, and fiscal-related bills in Congress.
Interest Expense vs Revenue
How rising debt service costs crowd out federal spending as a share of receipts over time.
Revenue Composition
Federal receipts broken down by source — individual income, corporate, social insurance, excise taxes, and customs duties as shares of total revenue.
Agency Spending (FY 2019 vs FY 2024)
Net outlays by federal agency for FY 2019 and FY 2024, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.
Related Indicators
Compare 30-Year Fixed Mortgage Rate with related indicators
See how 30-Year Fixed Mortgage Rate stacks up against related series in a side-by-side chart and explainer:
30-Year Mortgage vs 10-Year Treasury
The 30-year fixed mortgage rate closely tracks the 10-year Treasury yield plus a spread that reflects credit risk, prepayment risk, and mortgage-backed-security pricing.
Housing Starts vs 30-Year Mortgage Rate
When mortgage rates rise, housing demand cools and builders pull back. New housing starts have historically responded to mortgage moves with a 6–12 month lag.