Weekly update
Mortgage rates, week of November 14, 2024
The 30-year fixed averaged 6.78%, down 0.01 points from last week.
- 30-year fixed
- 6.78%
- 15-year fixed
- 5.99%
- 10-year Treasury
- 4.43%
- Spread
- 2.35
The numbers behind the week
- The 15-year fixed averaged 5.99%, down 0.01 points.
- Between the two readings the 10-year Treasury yield rose 0.12 points and the gap between it and the mortgage rate narrowed 0.13 points. Together those make up the 0.01-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 2.35 points, against an average of 2.42 across the history on this site.
| Change from November 7, 2024 | Points |
|---|---|
| 10-year Treasury yield | +0.12 |
| Spread over the Treasury | -0.13 |
| 30-year mortgage rate | -0.01 |
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.