US Housing flashing a warning Lower Low in price First time since the doldrums in 2011
The cost of a 30 year mortgage is astronomical
Mortgage demand has frozen ...
Refinancing has also fallen off a cliff
I'm looking for sellers to start capitulating soon ... (as in within the next few quarters)
As we start to see the consumer at breaking p
United States 30 Year Mortgage Rate
6.58%R
−0.05−0.75%
As of Aug 14, 2025
%
No trades
Key data points
Last release
Aug 14, 2025
Observation period
Aug 14, 2025
Next release
Aug 21, 2025
Forecast
—
Highest
18.63 % on Oct 8, 1981
Lowest
2.65 % on Jan 6, 2021
About United States 30 Year Mortgage Rate
The Primary Mortgage Market Survey (PMMS) is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20 percent down and have excellent credit. Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. The interest rate a lender would charge to lend mortgage money to a qualified borrower exclusive of the fees and points required by the lender. This commitment rate applies only to conventional financing on conforming mortgages with loan-to-value rates of 80 percent or less.
Related indicators
Average House Prices
USAHPR
501 KUSD
Average Mortgage Size
USAMSR
376.08 KUSD
Building Permits
USBPR
1.39 MPSN
Case Shiller Home Price Index
USCSHPIR
342.97POINT
Existing Home Sales
USEHSR
3.93 MPSN
House Price Index
USHPIR
434.4POINT
Housing Starts
USHSTR
1.32 MUNIT
MBA Mortgage Market Index
USMMIR
281.1POINT
30-year mortgage rates are at 20+ year highsThis chart shows the 30-year mortgage rate. How important is this chart? Why does it matter? Well, to people like me, potential new home buyers, it's hard to overstate just how important this chart is.
I have to understand it.
If you already have a home at a low interest rate, congrats! Lucky you.
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