30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) on 2023-08-31
On August 31, 2023, the 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) was 7.18%, down 0.05 percentage points from 7.23% on August 24, 2023, and up 1.63 percentage points from 5.55% on August 25, 2022. The reading was higher than 99% of the 191 earlier readings stored since January 2, 2020, and within a 52-week range of 5.66% to 7.23%.
Value
7.18
Percent
Change from prior reading
-0.05
-0.69%
Series
Weekly · Housing
Change against earlier readings
| Compared with | Date | Value | Change |
|---|---|---|---|
| Previous reading | 2023-08-24 | 7.23 | -0.05 |
| 1 month earlier | 2023-07-27 | 6.81 | +0.37 |
| 1 year earlier | 2022-08-25 | 5.55 | +1.63 |
Changes are in percentage points.
Percentile in stored history
99%
Higher than 190 of the 191 earlier readings stored since Jan 2, 2020
Readings around Aug 31, 2023
53 readings from Mar 2, 2023 to Feb 29, 2024; the dot marks this reading.
More MORTGAGE30US data
This is a historical observation from Federal Reserve Economic Data. Units and frequency are shown as supplied for the series.