Weekly update
Mortgage rates, week of November 7, 2024
The 30-year fixed averaged 6.79%, up 0.07 points from last week.
- 30-year fixed
- 6.79%
- 15-year fixed
- 6.00%
- 10-year Treasury
- 4.31%
- Spread
- 2.48
The numbers behind the week
- The 15-year fixed averaged 6.00%, up 0.01 points.
- Between the two readings the 10-year Treasury yield rose 0.03 points and the gap between it and the mortgage rate widened 0.04 points. Together those make up the 0.07-point move.
- Over the past 52 weeks the 30-year average has ranged from 6.72% to 6.79%.
- The spread over the 10-year Treasury is 2.48 points, against an average of 2.46 across the history on this site.
| Change from October 31, 2024 | Points |
|---|---|
| 10-year Treasury yield | +0.03 |
| Spread over the Treasury | +0.04 |
| 30-year mortgage rate | +0.07 |
Each mortgage average is compared with the most recent daily Treasury yield on or before its date, so the split is approximate. The Treasury spread page explains the gap.