The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less increased for a fourth consecutive week to 6.57% for the week ending March 27th, 2026, reaching its highest level since the last week of August, compared to 6.43% in the previous week. Mortgage rates climbed as Treasury yields rose, driven by geopolitical tensions from the ongoing war with Iran that pushed oil prices to their highest levels since 2022. The surge in energy costs has stoked inflation expectations, reinforcing the case for higher borrowing costs. Meanwhile, mortgage applications tumbled 10.4%, following a 10.5% drop in the previous week, with applications to refinance a home loan, which are most sensitive to weekly interest rate move, tumbling 17.3% and those to purchase a home falling 2.5%. “The shocks of the jump in rates and the increase in overall economic uncertainty are likely having an impact on buyer confidence,” Mike Fratantoni, MBA’s chief economist, said. source: Mortgage Bankers Association of America

Fixed 30-year mortgage rates in the United States averaged 6.57 percent in the week ending March 27 of 2026. Mortgage Rate in the United States averaged 6.08 percent from 1990 until 2026, reaching an all time high of 10.56 percent in April of 1990 and a record low of 2.85 percent in December of 2020. This page provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States MBA 30-Yr Mortgage Rate - data, historical chart, forecasts and calendar of releases - was last updated on April of 2026.

Fixed 30-year mortgage rates in the United States averaged 6.57 percent in the week ending March 27 of 2026. Mortgage Rate in the United States is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States MBA 30-Yr Mortgage Rate is projected to trend around 5.80 percent in 2027 and 5.70 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-03-25 11:00 AM
MBA 30-Year Mortgage Rate
Mar/20 6.43% 6.3%
2026-04-01 11:00 AM
MBA 30-Year Mortgage Rate
Mar/27 6.57% 6.43%
2026-04-08 11:00 AM
MBA 30-Year Mortgage Rate
Apr/03 6.57%


Related Last Previous Unit Reference
15-Year Mortgage Rate 5.77 5.75 percent Apr 2026
30-Year Mortgage Rate 6.46 6.38 percent Apr 2026
Average Mortgage Size 385.51 380.61 Thousand USD Jan 2026
MBA Mortgage Market Index 278.30 310.70 points Mar 2026
MBA Mortgage Refinance Index 946.40 1145.00 points Mar 2026
MBA Purchase Index 159.40 163.60 points Mar 2026
MBA Mortgage Applications -10.40 -10.50 percent Mar 2026
MBA 30-Year Mortgage Rate 6.57 6.43 percent Mar 2026


United States MBA 30-Yr Mortgage Rate
MBA 30-Year Mortgage Rate is average 30-year fixed mortgage lending rate measured during the reported week and backed by the Mortgage Bankers Association.
Actual Previous Highest Lowest Dates Unit Frequency
6.57 6.43 10.56 2.85 1990 - 2026 percent Weekly

News Stream
US Mortgage Rates Highest Since August: MBA
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less increased for a fourth consecutive week to 6.57% for the week ending March 27th, 2026, reaching its highest level since the last week of August, compared to 6.43% in the previous week. Mortgage rates climbed as Treasury yields rose, driven by geopolitical tensions from the ongoing war with Iran that pushed oil prices to their highest levels since 2022. The surge in energy costs has stoked inflation expectations, reinforcing the case for higher borrowing costs. Meanwhile, mortgage applications tumbled 10.4%, following a 10.5% drop in the previous week, with applications to refinance a home loan, which are most sensitive to weekly interest rate move, tumbling 17.3% and those to purchase a home falling 2.5%. “The shocks of the jump in rates and the increase in overall economic uncertainty are likely having an impact on buyer confidence,” Mike Fratantoni, MBA’s chief economist, said.
2026-04-01
US Mortgage Rates Hit 5-Month High
The average US 30-year fixed mortgage rate for conforming loans of $806,500 or less climbed to 6.43% for the week ending March 20, 2026, its highest level since early October and the third straight weekly increase. As mortgage rates closely follow Treasury yields, fears of an oil price shock have driven the 10-year note higher, lifting borrowing costs and deepening affordability challenges for homebuyers. The surge in rates has severely dampened mortgage activity, with total applications plummeting 10.5%, following a 10.9% drop the previous week. Refinancing activity led the decline, collapsing 14.6%, while purchase applications fell 5.4%, signaling a broad slowdown in housing demand.
2026-03-25
US 30-Year Mortgage Rates Rise to 6.30%
The average contract rate on 30-year fixed-rate mortgages for conforming loans of $806,500 or less in the US increased to 6.30% in the week ending March 13, 2026, up from 6.19% the previous week, according to the Mortgage Bankers Association. This marks the highest level since late December, putting pressure on mortgage activity. Total mortgage applications plunged 10.9%, reversing a 3.2% gain from the prior period, with refinancing activity dropping sharply by 18.5%. Meanwhile, applications for home purchases edged up slightly by 0.9%.
2026-03-18