Mortgage rate history
Freddie Mac's weekly 30-year fixed average since April 1971, via FRED. This week: 7.32% (2026-10-22). Peak 18.63% (1981-10-09), low 2.65% (2021-01-07), all-time average 7.68%.
Yearly average, 1971 to today
Year by year
| Year | Average | Low | High | Payment on $300,000 at the average |
|---|---|---|---|---|
| 2026 | 6.50% | 5.98% | 7.40% | $1,896 |
| 2025 | 6.60% | 6.15% | 7.04% | $1,916 |
| 2024 | 6.72% | 6.08% | 7.22% | $1,940 |
| 2023 | 6.81% | 6.09% | 7.79% | $1,958 |
| 2022 | 5.34% | 3.22% | 7.08% | $1,673 |
| 2021 | 2.96% | 2.65% | 3.18% | $1,258 |
| 2020 | 3.11% | 2.66% | 3.72% | $1,283 |
| 2019 | 3.94% | 3.49% | 4.51% | $1,422 |
| 2018 | 4.54% | 3.95% | 4.94% | $1,527 |
| 2017 | 3.99% | 3.78% | 4.30% | $1,431 |
| 2016 | 3.65% | 3.41% | 4.32% | $1,372 |
| 2015 | 3.85% | 3.59% | 4.09% | $1,406 |
| 2014 | 4.17% | 3.80% | 4.53% | $1,462 |
| 2013 | 3.98% | 3.34% | 4.58% | $1,429 |
| 2012 | 3.66% | 3.31% | 4.08% | $1,374 |
| 2011 | 4.45% | 3.91% | 5.05% | $1,511 |
| 2010 | 4.69% | 4.17% | 5.21% | $1,554 |
| 2009 | 5.04% | 4.71% | 5.59% | $1,618 |
| 2008 | 6.03% | 5.10% | 6.63% | $1,804 |
| 2007 | 6.34% | 5.96% | 6.74% | $1,865 |
| 2006 | 6.41% | 6.10% | 6.80% | $1,878 |
| 2005 | 5.87% | 5.53% | 6.37% | $1,774 |
| 2004 | 5.84% | 5.38% | 6.34% | $1,768 |
| 2003 | 5.83% | 5.21% | 6.44% | $1,766 |
| 2002 | 6.54% | 5.93% | 7.18% | $1,904 |
| 2001 | 6.97% | 6.45% | 7.24% | $1,990 |
| 2000 | 8.05% | 7.13% | 8.64% | $2,212 |
| 1999 | 7.44% | 6.74% | 8.15% | $2,085 |
| 1998 | 6.94% | 6.49% | 7.22% | $1,984 |
| 1997 | 7.60% | 6.99% | 8.18% | $2,118 |
| 1996 | 7.81% | 6.94% | 8.42% | $2,162 |
| 1995 | 7.93% | 7.11% | 9.22% | $2,187 |
| 1994 | 8.38% | 6.97% | 9.25% | $2,281 |
| 1993 | 7.31% | 6.74% | 8.07% | $2,059 |
| 1992 | 8.39% | 7.84% | 9.03% | $2,283 |
| 1991 | 9.25% | 8.35% | 9.75% | $2,468 |
| 1990 | 10.13% | 9.56% | 10.67% | $2,662 |
| 1989 | 10.32% | 9.68% | 11.22% | $2,704 |
| 1988 | 10.34% | 9.84% | 10.77% | $2,708 |
| 1987 | 10.21% | 9.03% | 11.58% | $2,679 |
| 1986 | 10.19% | 9.29% | 10.99% | $2,675 |
| 1985 | 12.43% | 11.09% | 13.29% | $3,185 |
| 1984 | 13.88% | 13.14% | 14.68% | $3,526 |
| 1983 | 13.24% | 12.55% | 13.89% | $3,375 |
| 1982 | 16.04% | 13.57% | 17.66% | $4,044 |
| 1981 | 16.64% | 14.80% | 18.63% | $4,189 |
| 1980 | 13.74% | 12.18% | 16.35% | $3,493 |
| 1979 | 11.20% | 10.38% | 12.90% | $2,902 |
| 1978 | 9.64% | 8.98% | 10.38% | $2,553 |
| 1977 | 8.85% | 8.65% | 9.00% | $2,382 |
| 1976 | 8.87% | 8.70% | 9.10% | $2,386 |
| 1975 | 9.05% | 8.80% | 9.60% | $2,425 |
| 1974 | 9.19% | 8.40% | 10.03% | $2,455 |
| 1973 | 8.04% | 7.43% | 8.85% | $2,210 |
| 1972 | 7.38% | 7.23% | 7.46% | $2,073 |
| 1971 | 7.54% | 7.29% | 7.73% | $2,106 |
Source: Freddie Mac Primary Mortgage Market Survey via FRED MORTGAGE30US, weekly. Yearly figures are the average of the weekly readings. Payment is principal and interest on a $300,000 30-year loan at the yearly average.
State-level mortgage rate history is not published by any primary source (Freddie Mac and the MBA report national averages only), so this page is national. Property tax and income tax by state are on the state tax pages; the lock decision is on Should I lock?.