Mortgage Rate Trends
See how mortgage rates have been moving, why they're shifting, and what that means for the timing of your next move.
Recent Rate Movements
Track how rates have changed over different time periods.
Last 30 Days
Rates decreased following Federal Reserve policy signals
Last 90 Days
Gradual increase due to economic strengthening
Year to Date
Overall upward trend with periodic volatility
12 Months
Significant increase from historic lows
Educational Context Only
These trends show national average rate movements for educational purposes. Actual rates vary based on individual qualifications, loan terms, and lender.Learn about our methodology →
What Drives Rate Changes?
Multiple economic and market factors influence mortgage rate movements.
Federal Reserve Policy
High ImpactFed rate decisions and monetary policy guidance significantly impact mortgage rates
Economic Data
High ImpactEmployment, inflation, and GDP growth data influence investor sentiment
Bond Market Activity
High Impact10-Year Treasury yields often correlate with mortgage rate movements
Housing Market Health
Medium ImpactSupply, demand, and housing price trends affect lending conditions
Global Events
Medium ImpactInternational economic and political events can create market volatility
Seasonal Patterns
Low ImpactSpring buying season and year-end patterns influence demand
Timing Your Home Purchase or Refinance
While nobody can predict future rates, understanding trends can help inform your decisions.
🏠 For Home Buyers
- Focus on your housing needs and financial readiness rather than trying to time the market
- Consider rate locks to protect against increases during your home search
- Remember that your personal financial situation matters more than rate predictions
🔄 For Refinancing
- Calculate your break-even point to determine if refinancing makes financial sense
- Consider how long you plan to stay in your home when evaluating options
- Monitor rates but don't delay if current rates provide meaningful savings
Data Sources & Methodology
Rate trend data is compiled from multiple sources including Mortgage Bankers Association (MBA), Freddie Mac Primary Mortgage Market Survey (PMMS), and MBS Live market data. Trends represent national averages for educational purposes and may not reflect rates available to individual borrowers. Actual rates depend on loan program, down payment, credit score, debt-to-income ratio, and other factors.Learn more about our rate methodology →
Get Personalized Rate Information
While market trends provide context, your actual rate depends on your unique situation. Speak with our licensed professionals for personalized guidance.