Interest Guru

Weekly update

Mortgage rates, week of January 9, 2025

The 30-year fixed averaged 6.93%, up 0.02 points from last week.

Average mortgage rates, 52 weeks to 2025-01-09Weekly Freddie Mac averages. The 30-year fixed was 6.93% in the week of 2025-01-09.5.5%6.0%6.5%7.0%Jan 202530-year 6.93%15-year 6.14%
30-year fixed
6.93%
15-year fixed
6.14%
10-year Treasury
4.68%
Spread
2.25

The numbers behind the week

  • The 15-year fixed averaged 6.14%, up 0.01 points.
  • Between the two readings the 10-year Treasury yield rose 0.11 points and the gap between it and the mortgage rate narrowed 0.09 points. Together those make up the 0.02-point move.
  • Four weeks ago the 30-year average was 6.60%.
  • Over the past 52 weeks the 30-year average has ranged from 6.60% to 6.93%.
  • The spread over the 10-year Treasury is 2.25 points, against an average of 2.37 across the history on this site.
Change from the previous week
Change from January 2, 2025Points
10-year Treasury yield+0.11
Spread over the Treasury-0.09
30-year mortgage rate+0.02

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.