Tools
Fifty-five years of the weekly rate
One survey, published every Thursday since 1971. It is the benchmark everyone quotes and almost nobody actually looks at, so here it is, with the peak, the trough and today on the same axis.
Current rates
Auto-refreshed
FRED / Freddie Mac PMMS. A survey average is a benchmark, not a loan quote: it is not an offer of credit and no lender is bound by it. Your own rate depends on credit, points, loan type, property and lender pricing.
Click or tap the chart to pin an observation. With the chart focused, use the left and right arrow keys to move between observations, hold Shift to move 10 at a time, Home and End for the first and last, and Escape to clear.
30-year fixed, past ten years, weekly. 300 plotted observations. Click a point for its rate and week.
What the chart shows
The series runs from to , 2,902 weekly observations of the 30-year fixed. It peaked at 18.63% in the week of Oct 9, 1981 and bottomed at 2.65% in the week of Jan 7, 2021, a spread of 15.98 percentage points across the whole record. Today’s 7.18% sits between the two. The 15-year fixed series is shorter, it begins Aug 30, 1991, and generally prices below the 30-year fixed; switch it on above to compare.
Recent observations as a table (26 weeks, most recent first)
| Week observed | 30-year fixed | 15-year fixed |
|---|---|---|
| 7.18% | 6.57% | |
| 7.24% | 6.60% | |
| 7.32% | 6.68% | |
| 7.40% | 6.71% | |
| 7.40% | 6.73% | |
| 7.28% | 6.60% | |
| 7.03% | 6.42% | |
| 6.95% | 6.26% | |
| 6.76% | 6.09% | |
| 6.71% | 6.04% | |
| 6.66% | 5.98% | |
| 6.65% | 5.95% | |
| 6.67% | 5.96% | |
| 6.69% | 6.01% | |
| 6.66% | 6.04% | |
| 6.58% | 5.96% | |
| 6.55% | 5.93% | |
| 6.49% | 5.82% | |
| 6.43% | 5.79% | |
| 6.49% | 5.84% | |
| 6.47% | 5.81% | |
| 6.52% | 5.84% | |
| 6.48% | 5.79% | |
| 6.53% | 5.87% | |
| 6.51% | 5.85% | |
| 6.36% | 5.71% |
Where these numbers come from
Every figure on this page is the Freddie Mac Primary Mortgage Market Survey (PMMS), retrieved through FRED / Freddie Mac PMMSand republished here with attribution as the survey’s terms require. Freddie Mac publishes it weekly, on Thursday. The values are not seasonally adjustedand each one is the average of that week’s survey responses from lenders across the country, for a conventional, conforming, prime-credit borrower paying an average of about 0.5–0.8 discount points.
That makes it a benchmark, and a benchmark is not a quote. No rate on this page is an offer of credit, and no lender is obliged to honour it. A national weekly average cannot know your credit score, your down payment, your loan size, your property type or the pricing your lender is running that morning, all of which move the rate you are actually offered, often by more than the whole range this chart covers in a year. Use it to see the trend, then get a written quote.
Source: Freddie Mac Primary Mortgage Market Survey, via FRED / Freddie Mac PMMS. Freddie Mac does not endorse, sponsor or verify this site. Data is cached on a schedule; the observation dates shown are the survey weeks, not the date you are reading.
Next step
A chart cannot tell you when to buy
It can tell you that the last two years were not, historically, unusual. What it cannot price is the house, the competition for it, or the fact that a rate you dislike can be refinanced and a house you lost cannot be bought back.