Interest Guru

Weekly update

Mortgage rates, week of February 6, 2025

The 30-year fixed averaged 6.89%, down 0.06 points from last week.

Average mortgage rates, 52 weeks to 2025-02-06Weekly Freddie Mac averages. The 30-year fixed was 6.89% in the week of 2025-02-06.5.5%6.0%6.5%7.0%7.5%Jan 202530-year 6.89%15-year 6.05%
30-year fixed
6.89%
15-year fixed
6.05%
10-year Treasury
4.45%
Spread
2.44

The numbers behind the week

  • The 15-year fixed averaged 6.05%, down 0.07 points.
  • Between the two readings the 10-year Treasury yield fell 0.07 points and the gap between it and the mortgage rate widened 0.01 points. Together those make up the 0.06-point move.
  • Four weeks ago the 30-year average was 6.93%.
  • Over the past 52 weeks the 30-year average has ranged from 6.60% to 7.04%.
  • The spread over the 10-year Treasury is 2.44 points, against an average of 2.38 across the history on this site.
Change from the previous week
Change from January 30, 2025Points
10-year Treasury yield-0.07
Spread over the Treasury+0.01
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.