OBMMIC15YF15-Year Conforming Mortgage Rate (OBMMIC15YF) — Current Value & Historical Data
FRED series title: 15-Year Fixed Rate Conforming Mortgage Index
15-Year Conforming Mortgage Rate (OBMMIC15YF) Chart & Data Table
Gray bands: NBER recessions·Dashed lines: key policy events
What is 15-Year Conforming Mortgage Rate (OBMMIC15YF)?
Optimal Blue Mortgage Market Indices™ (OBMMI™) is calculated from actual locked rates with consumers across over one-third of all mortgage transactions nationwide.
Current 15-Year Conforming Mortgage Rate (OBMMIC15YF) Value
As of October 5, 2026, the current 15-year fixed rate conforming mortgage index is 6.80 Percent. This is the most recent observation available for this series, updated daily.
15-Year Conforming Mortgage Rate Historical Trend
15-Year Fixed Rate Conforming Mortgage Index rose 2.15% day-over-day. Over the past year, 15-year fixed rate conforming mortgage index rose 23.61% from September 2025. In the series' tracked history, the highest recorded value was 7.31 (October 2023), and the lowest was 2.22 (August 2021).
Methodology & Source
Source
ICE Mortgage Technology
Frequency
Daily
Units
Percent
Notes
Optimal Blue Mortgage Market Indices (https://www2.optimalblue.com/obmmi/)™ (OBMMI™) is calculated from actual locked rates with consumers across over one-third of all mortgage transactions nationwide. OBMMI includes multiple mortgage pricing indices developed around the most popular products and sp...
Frequently Asked Questions About 15-Year Conforming Mortgage Rate (OBMMIC15YF)
What is the current 15-year fixed rate conforming mortgage index?
As of October 5, 2026, 15-year fixed rate conforming mortgage index stands at 6.80 Percent.
Where does 15-year fixed rate conforming mortgage index data come from?
15-Year Fixed Rate Conforming Mortgage Index 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 15-year fixed rate conforming mortgage index 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 15-year fixed rate conforming mortgage index?
In the available data, the highest value was 7.31 Percent in October 2023, and the lowest was 2.22 Percent in August 2021.
How has 15-year fixed rate conforming mortgage index changed over the past year?
Over the past year, 15-year fixed rate conforming mortgage index increased 23.61%.
See 15-Year Conforming Mortgage Rate in context
OBMMIC15YF is tracked on the Interest Rates dashboard, alongside related indicators and historical context.
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How 15-Year Conforming 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 2025)
Net outlays by federal agency for FY 2019 and FY 2025, from the Treasury Monthly Treasury Statement. Both nominal and inflation-adjusted comparisons.