United States Mortgage Rate

Last Release

Apr 18, 2025

Actual

6.9

Units In

6.81

Frequency

Weekly

Next Release

Apr 30, 2025

Time to Release

6 Days 7 Hours

Highest	Lowest	Average	Date Range	Source
10.56 Apr 1990	2.85 Dec 2020	6.06 %	1990-2025	Mortgage Bankers Association of America

MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.

Latest Updates

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or less) in the US increased for a second week to 6.9% in the week ended April 18th 2025, from 6.81% in the previous week, according to the Mortgage Bankers Association. It is the highest rate in about two months, tracking bond yields higher, as President Trump reignited criticism of Fed Chair Powell. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $806,500) increased to 6.9% from 6.84%. The average contract interest rate for 30-year fixed-rate mortgages backed by the FHA went up to 6.56%t from 6.52%.