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30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) on 2024-05-23

On May 23, 2024, the 30-Year Fixed Rate Mortgage Average in the United States (MORTGAGE30US) was 6.94%, down 0.08 percentage points from 7.02% on May 16, 2024, and up 0.55 percentage points from 6.39% on May 18, 2023. The reading was higher than 86% of the 229 earlier readings stored since January 2, 2020, and within a 52-week range of 6.57% to 7.79%.

Value
6.94
Percent
Change from prior reading
-0.08
-1.14%
Series
Weekly · Housing

Change against earlier readings

Compared with Date Value Change
Previous reading 2024-05-16 7.02 -0.08
1 month earlier 2024-04-18 7.10 -0.16
1 year earlier 2023-05-18 6.39 +0.55

Changes are in percentage points.

Percentile in stored history
86%
Higher than 199 of the 229 earlier readings stored since Jan 2, 2020
52-week range
6.57% to 7.79%
Low on May 25, 2023, high on Oct 26, 2023

Readings around May 23, 2024

52 readings from Nov 30, 2023 to Nov 21, 2024; the dot marks this reading.

This is a historical observation from Federal Reserve Economic Data. Units and frequency are shown as supplied for the series.