Interest Guru

Weekly update

Mortgage rates, week of January 2, 2025

The 30-year fixed averaged 6.91%, up 0.06 points from last week.

Average mortgage rates, 52 weeks to 2025-01-02Weekly Freddie Mac averages. The 30-year fixed was 6.91% in the week of 2025-01-02.5.5%6.0%6.5%7.0%Jan 202530-year 6.91%15-year 6.13%
30-year fixed
6.91%
15-year fixed
6.13%
10-year Treasury
4.57%
Spread
2.34

The numbers behind the week

  • The 15-year fixed averaged 6.13%, up 0.13 points.
  • Between the two readings the 10-year Treasury yield fell 0.01 points and the gap between it and the mortgage rate widened 0.07 points. Together those make up the 0.06-point move.
  • Four weeks ago the 30-year average was 6.69%.
  • Over the past 52 weeks the 30-year average has ranged from 6.60% to 6.91%.
  • The spread over the 10-year Treasury is 2.34 points, against an average of 2.38 across the history on this site.
Change from the previous week
Change from December 26, 2024Points
10-year Treasury yield-0.01
Spread over the Treasury+0.07
30-year mortgage rate+0.06

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.