Interest Guru

Weekly update

Mortgage rates, week of December 26, 2024

The 30-year fixed averaged 6.85%, up 0.13 points from last week.

Average mortgage rates, 52 weeks to 2024-12-26Weekly Freddie Mac averages. The 30-year fixed was 6.85% in the week of 2024-12-26.5.5%6.0%6.5%7.0%30-year 6.85%15-year 6.00%
30-year fixed
6.85%
15-year fixed
6.00%
10-year Treasury
4.58%
Spread
2.27

The numbers behind the week

  • The 15-year fixed averaged 6.00%, up 0.08 points.
  • Between the two readings the 10-year Treasury yield rose 0.01 points and the gap between it and the mortgage rate widened 0.12 points. Together those make up the 0.13-point move.
  • Four weeks ago the 30-year average was 6.81%.
  • Over the past 52 weeks the 30-year average has ranged from 6.60% to 6.85%.
  • The spread over the 10-year Treasury is 2.27 points, against an average of 2.38 across the history on this site.
Change from the previous week
Change from December 19, 2024Points
10-year Treasury yield+0.01
Spread over the Treasury+0.12
30-year mortgage rate+0.13

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.