The average rate on a 30-year fixed mortgage rose to 6.38% as of March 26th after trending near its lowest levels of the year in previous weeks according to data from Freddie Mac. The uptick tracked a climb in Treasury yields as investors weighed heightened inflation concerns fueled by the ongoing war in Iran and a pause in interest rate cuts by the Federal Reserve. “The 30-year fixed-rate mortgage averaged 6.38% this week but remains lower than last year when rates averaged 6.65%. The housing market continues to show gradual improvements compared to a year ago amid recent rate volatility with purchase and refinance applications up year-over-year,” said Sam Khater, Freddie Mac’s chief economist. source: Freddie Mac
30 Year Mortgage Rate in the United States increased to 6.38 percent in March 26 from 6.22 percent in the previous week. 30 Year Mortgage Rate in the United States averaged 7.69 percent from 1971 until 2026, reaching an all time high of 18.63 percent in October of 1981 and a record low of 2.65 percent in January of 2021. This page includes a chart with historical data for the United States 30 Year Mortgage Rate. United States 30-Year Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on March of 2026.