6.20% for Wk of Sep 12 2024
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Basic Info
| 30 Year Mortgage Rate is at 6.20%, compared to 6.35% last week and 7.12% last year. This is lower than the long term average of 7.72%. |
| The 30 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 30 years. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
Stats
| Last Value | 6.20% |
| Latest Period | Sep 12 2024 |
| Last Updated | Sep 12 2024, 12:16 EDT |
| Next Release | Sep 19 2024, 12:00 EDT |
| Long Term Average | 7.72% |
| Average Growth Rate | 0.31% |
| Value from Last Week | 6.35% |
| Change from Last Week | -2.36% |
| Value from 1 Year Ago | 7.12% |
| Change from 1 Year Ago | -12.92% |
| Frequency | Weekly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | Average U.S. 30 year mortgage rate. |
Historical Data
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| Date | Value |
|---|---|
| September 12, 2024 | 6.20% |
| September 05, 2024 | 6.35% |
| August 29, 2024 | 6.35% |
| August 22, 2024 | 6.46% |
| August 15, 2024 | 6.49% |
| August 08, 2024 | 6.47% |
| August 01, 2024 | 6.73% |
| July 25, 2024 | 6.78% |
| July 18, 2024 | 6.77% |
| July 11, 2024 | 6.89% |
| July 03, 2024 | 6.95% |
| June 27, 2024 | 6.86% |
| June 20, 2024 | 6.87% |
| June 13, 2024 | 6.95% |
| June 06, 2024 | 6.99% |
| May 30, 2024 | 7.03% |
| May 23, 2024 | 6.94% |
| May 16, 2024 | 7.02% |
| May 09, 2024 | 7.09% |
| May 02, 2024 | 7.22% |
| April 25, 2024 | 7.17% |
| April 18, 2024 | 7.10% |
| April 11, 2024 | 6.88% |
| April 04, 2024 | 6.82% |
| March 28, 2024 | 6.79% |
| Date | Value |
|---|---|
| March 21, 2024 | 6.87% |
| March 14, 2024 | 6.74% |
| March 07, 2024 | 6.88% |
| February 29, 2024 | 6.94% |
| February 22, 2024 | 6.90% |
| February 15, 2024 | 6.77% |
| February 08, 2024 | 6.64% |
| February 01, 2024 | 6.63% |
| January 25, 2024 | 6.69% |
| January 18, 2024 | 6.60% |
| January 11, 2024 | 6.66% |
| January 04, 2024 | 6.62% |
| December 28, 2023 | 6.61% |
| December 21, 2023 | 6.67% |
| December 14, 2023 | 6.95% |
| December 07, 2023 | 7.03% |
| November 30, 2023 | 7.22% |
| November 22, 2023 | 7.29% |
| November 16, 2023 | 7.44% |
| November 09, 2023 | 7.50% |
| November 02, 2023 | 7.76% |
| October 26, 2023 | 7.79% |
| October 25, 2023 | 7.80% |
| October 19, 2023 | 7.63% |
| October 12, 2023 | 7.57% |
News
Headline
Wire
Time (ET)
Mortgage Rate Optimism Spikes, but Homebuying Pessimism Persists
PR Newswire
09/09 08:30
Mortgage Rates Remained Flat This Week
Globe Newswire
09/05 12:00
Survey: Nearly Half of Prospective Home Buyers Struggle with Basic Home Costs, Worry About Home Insurance Affordability Amidst Extreme Weather
PR Newswire
09/05 09:00
DoubleLine Mortgage ETF Management Fee Lowered to 39 Basis Points from 49 BPS
PR Newswire
09/03 10:13
Mortgage Rates Continue to Drop
Globe Newswire
08/29 12:00
Fannie Mae Releases July 2024 Monthly Summary
PR Newswire
08/28 16:05
Rocket Mortgage's "Welcome Home RateBreak" Unlocks the Door to Lower Mortgage Payments and Thousands in Savings for Homebuyers
PR Newswire
08/26 09:00
The 30-Year Fixed-Rate Mortgage Lingers Just Under 6.5 Percent
Globe Newswire
08/22 12:00
Sluggish Home Sales Expected as Consumers Hold Out for Improved Affordability
PR Newswire
08/21 08:30
BMO On Slow Mortgage Growth In Canada
MT Newswires
08/19 15:42
Basic Info
| 30 Year Mortgage Rate is at 6.20%, compared to 6.35% last week and 7.12% last year. This is lower than the long term average of 7.72%. |
| The 30 Year Mortgage Rate is the fixed interest rate that US home-buyers would pay if they were to take out a loan lasting 30 years. There are many different kinds of mortgages that homeowners can decide on which will have varying interest rates and monthly payments. |
| Report | Primary Mortgage Market Survey |
| Category | Interest Rates |
| Region | United States |
| Source | Freddie Mac |
Stats
| Last Value | 6.20% |
| Latest Period | Sep 12 2024 |
| Last Updated | Sep 12 2024, 12:16 EDT |
| Next Release | Sep 19 2024, 12:00 EDT |
| Long Term Average | 7.72% |
| Average Growth Rate | 0.31% |
| Value from Last Week | 6.35% |
| Change from Last Week | -2.36% |
| Value from 1 Year Ago | 7.12% |
| Change from 1 Year Ago | -12.92% |
| Frequency | Weekly |
| Unit | Percent |
| Adjustment | N/A |
| Notes | Average U.S. 30 year mortgage rate. |
Related Indicators
US Housing
| 15 Year Mortgage Rate | 5.27% |
| US Building Permits MoM | 4.91% |
| US Existing Home Sales MoM | 1.28% |
| US Home Ownership Rate | 65.60% |
| US Home Vacancy Rate | 0.90% |
| US Housing Starts MoM | 9.62% |
| US New Single Family Houses Sold | 739.00K |
| US New Single Family Houses Sold MoM | 10.63% |
| US Pending Home Sales MoM | -5.52% |
| US Pending Home Sales YoY | -8.47% |
| US Rental Vacancy Rate | 6.60% |
