MORTGAGE30US30-Year Fixed Rate Mortgage Average in the United States — Current Value & Historical Data
Showing 521 of 2,879 observations. Pick "All" to see the full history (1971-04-02–2026-05-28).
Gray bands: NBER recessions·Dashed lines: key policy events
What is 30-Year Fixed Rate Mortgage Average in the United States?
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 Rate Mortgage Average in the United States Value
As of May 28, 2026, the current 30-year fixed rate mortgage average in the united states is 6.53 Percent. This is the most recent observation available for this series, updated weekly, ending thursday.
Historical Trend
30-Year Fixed Rate Mortgage Average in the United States rose 0.31% 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
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 ...