30-Year Mortgage Rate

The chart shows the Freddie Mac average rate on a 30-year fixed mortgage, weekly, over five years, through FRED. The page shows the current mortgage rate with its 90-day change.

This is where interest rates reach households. Mortgages price off the 10-year Treasury yield plus a spread, so this rate follows the long end. Every fraction of a point removes buyers at a given house price, and housing pulls builders, banks and retailers with it. This is a survey average, so one borrower’s quote depends on credit, down payment and points.