30 year mortgage rate history fred


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  • Today's rate.
    Today's mortgage rates in St.
    Louis, MO are 6.964% for a 30-year fixed, 6.195% for a 15-year fixed, and 7.921% for a 5-year adjustable-rate mortgage (ARM).

  • When was the highest interest rate in mortgage history?

    Interest rates reached their highest point in modern history in October 1981 when they peaked at 18.63%, according to the Freddie Mac data.
    Fixed mortgage rates declined from there, but they finished the decade at around 10%.

  • What is the average historical rate on a 30-year mortgage?

    Historical mortgage rates chart
    Between April 1971 and February 2024, 30-year fixed-rate mortgages averaged 7.74%.
    To understand today's mortgage rates in context, take a look at where they've been throughout history.

  • What is the lowest 15-year mortgage rate in history?

    Historically, 15-Year Fixed Rate Mortgage Average in the United States reached a record high of 8.89 in December of 1994 and a record low of 2.10 in July of 2021.

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