National Real Estate Insights December 2024

Mortgage Interest Rates, Long-Term Trends since 1976 30-Year Conforming Fixed-Rate Loans, Weekly Average Readings

1981

Per Freddie Mac (FHLMC)

18

Per Freddie Mac (FHLMC), on December 19, 2024, the weekly average, 30-year, conforming-loan interest rate rose to 6.72%.

16

14

Rates vary widely according to the property, price, borrower and lender.

12

1990

10

2000

2022-23-24

8

2005-2008

6

2018

4

2020- 2021

2

Affected by a number of often volatile economic factors, it can be very difficult to accurately predict short-term interest rate changes.

0

Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United States, retrieved from Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/MORTGAGE30US. FHLMC: https://www.freddiemac.com/pmms. Data from sources deemed reliable but not guaranteed. All numbers approximate.

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