Weekly mortgage rate history by year

Select a calendar year to read the saved weekly observations for both fixed-rate mortgage series. Each row preserves the official observation date and rates. The change column subtracts the previous available 30-year weekly value, even when that previous observation falls in the prior calendar year. The table orders the selected year from newest to oldest.

Worked example: read an observation

Choose the latest year in the selector, then read the first row as the newest saved shared survey week. Compare its 30-year rate with the prior available week to reproduce the change column. The table itself contains the official values; the calculation is subtraction, not an estimate.

Read a weekly average as a weekly average

Freddie Mac describes PMMS as national mortgage rates collected from applications submitted by lenders across the country. Its results describe a period of application activity rather than a single rate available throughout a calendar day. The PMMS description and FAQs explain how the national average is determined. A row in this table therefore gives a historical survey observation, not a promise that a borrower could obtain that rate. The same distinction applies to the latest value displayed on the homepage.

Keep the two series aligned

The history table includes dates for which both fixed-rate series have observations. It does not fill absent values by estimation or carry a rate forward as though it were a fresh observation. The year menu comes from the saved dates. Earlier history from only one series is outside this paired table. The source links identify the FRED series and Freddie Mac survey so you can examine their individual coverage. This approach lets every displayed comparison use the same reported week and avoids constructing a rate for a missing row.

Interpret the change column

A positive change means the 30-year average increased from the prior available observation; a negative change means it decreased. The subtraction is expressed in percentage points. It is not a percentage change relative to the previous rate. The first shared observation has no earlier shared value and is marked unavailable. For a week at the start of a year, the comparison can use the last saved observation from the prior year. Selecting a year changes which rows are visible; it does not change how those week-to-week differences are calculated.

Use history for a payment scenario

Select a week on the term comparison page to fill both rate inputs from that observation. You can then enter a loan amount and compare principal and interest under each term. This produces a calculated scenario, not a historical loan offer. PMMS does not provide an individual borrower payment, cash-out price, state-specific rate, or closing-cost quote in this table. Use the rate impact calculator if you want to hold amount and term constant while changing only the interest rate. It separates rate arithmetic from the extra assumptions that come with a refinance.

Check the date before using the latest row

The data-as-of label is the newest shared observation in the saved file. It is distinct from the time a browser opens this page. A failed update preserves the last valid file rather than replacing it with incomplete values. The source may have a newer release before this copy is refreshed. For historical comparisons, Freddie Mac notes that its data-gathering process has changed over time. Read those methodology notes before treating a long sequence as identical measurements. The table supplies source values and simple subtraction; it does not forecast future rates.

How it works

Weekly change = the selected observation's 30-year rate - the prior available shared observation's 30-year rate. Rows are grouped by the year of the source date. Rates are percentages; the change column is in percentage points. No average for a missing date is generated. FRED 30-year series and FRED 15-year series identify the official series.