Weekly update
Mortgage rates, week of December 12, 2024
The 30-year fixed averaged 6.60%, down 0.09 points from last week.
- 30-year fixed
- 6.60%
- 15-year fixed
- 5.84%
- 10-year Treasury
- 4.32%
- Spread
- 2.28
The numbers behind the week
- The 15-year fixed averaged 5.84%, down 0.12 points.
- Between the two readings the 10-year Treasury yield rose 0.15 points and the gap between it and the mortgage rate narrowed 0.24 points. Together those make up the 0.09-point move.
- Four weeks ago the 30-year average was 6.78%.
- Over the past 52 weeks the 30-year average has ranged from 6.60% to 6.84%.
- The spread over the 10-year Treasury is 2.28 points, against an average of 2.43 across the history on this site.
| Change from December 5, 2024 | Points |
|---|---|
| 10-year Treasury yield | +0.15 |
| Spread over the Treasury | -0.24 |
| 30-year mortgage rate | -0.09 |
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.