MORTGAGE30US · as of 2026-11-05
30Y Mortgage
30-Year Fixed Rate Mortgage Average in the United States
View on FRED · MORTGAGE30US ↗7.18%
1w
▼ 6bp
1m
▼ 22bp
yoy
▲ 15.43%
522 obs · weekly · percent── 1y ago 6.22%
What it is
Single most-watched number in RE. Every new purchase and refi calc starts here.
- source
- FRED
- frequency
- weekly · Thursdays
- units
- percent
- s.a.
- no
What it’s telling us · as of 2026-11-05
30Y sits at 7.18%, down six basis points from last week and twenty-two basis points over the past month — a meaningful pullback after a grinding climb through October. Year-over-year you're up ninety-six basis points, which is the real story: a point higher than this time last year keeps the 2021-22 refi cohort locked in and caps new-buyer purchasing power relative to where it was twelve months ago. If you're holding cash for a rate drop before pulling the trigger on a purchase, the recent direction is something to watch, but don't pencil in a sub-7% rate unless the Fed signals a bigger shift than we've seen so far.
⟡ auto-generated weekly · claude-haiku-4-5 · reviewed before publish
Related metrics
Get the data
Python · fredapi
"""
30Y Mortgage — Single most-watched number in RE. Every new purchase and refi calc starts here.
Freq: weekly · Source: FRED
"""
from fredapi import Fred
fred = Fred(api_key="YOUR_FRED_API_KEY")
series = fred.get_series("MORTGAGE30US")
print(series.tail())LLM prompt
You are analyzing FRED series MORTGAGE30US — 30-Year Fixed Rate Mortgage Average in the United States. Context: Single most-watched number in RE. Every new purchase and refi calc starts here. Attributes - Units: percent - Frequency: weekly - Source: FRED Latest observation: 7.18% as of 2026-11-05 Year-over-year change: +15.43% Analyze this metric for a tech-forward real estate investor with 1–3 properties. What is it signaling right now? What should I watch next?