30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) on 2024-05-16
On May 16, 2024, the 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) was 7.02%, down 0.07 percentage points from 7.09% on May 9, 2024, and up 0.67 percentage points from 6.35% on May 11, 2023. The reading was higher than 89% of the 228 earlier readings stored since January 2, 2020, and within a 52-week range of 6.39% to 7.79%.
Value
7.02
Percent
Change from prior reading
-0.07
-0.99%
Series
Weekly · Housing
Change against earlier readings
| Compared with | Date | Value | Change |
|---|---|---|---|
| Previous reading | 2024-05-09 | 7.09 | -0.07 |
| 1 month earlier | 2024-04-11 | 6.88 | +0.14 |
| 1 year earlier | 2023-05-11 | 6.35 | +0.67 |
Changes are in percentage points.
Percentile in stored history
89%
Higher than 205 of the 228 earlier readings stored since Jan 2, 2020
Readings around May 16, 2024
53 readings from Nov 16, 2023 to Nov 14, 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.