30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) on 2024-05-09
On May 9, 2024, the 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) was 7.09%, down 0.13 percentage points from 7.22% on May 2, 2024, and up 0.70 percentage points from 6.39% on May 4, 2023. The reading was higher than 91% of the 227 earlier readings stored since January 2, 2020, and within a 52-week range of 6.35% to 7.79%.
Value
7.09
Percent
Change from prior reading
-0.13
-1.80%
Series
Weekly · Housing
Change against earlier readings
| Compared with | Date | Value | Change |
|---|---|---|---|
| Previous reading | 2024-05-02 | 7.22 | -0.13 |
| 1 month earlier | 2024-04-04 | 6.82 | +0.27 |
| 1 year earlier | 2023-05-04 | 6.39 | +0.70 |
Changes are in percentage points.
Percentile in stored history
91%
Higher than 208 of the 227 earlier readings stored since Jan 2, 2020
Readings around May 9, 2024
53 readings from Nov 9, 2023 to Nov 7, 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.