Interest Guru

Weekly update

Mortgage rates, week of February 27, 2025

The 30-year fixed averaged 6.76%, down 0.09 points from last week.

Average mortgage rates, 52 weeks to 2025-02-27Weekly Freddie Mac averages. The 30-year fixed was 6.76% in the week of 2025-02-27.5.5%6.0%6.5%7.0%7.5%Jan 202530-year 6.76%15-year 5.94%
30-year fixed
6.76%
15-year fixed
5.94%
10-year Treasury
4.29%
Spread
2.47

The numbers behind the week

  • The 15-year fixed averaged 5.94%, down 0.10 points.
  • Between the two readings the 10-year Treasury yield fell 0.21 points and the gap between it and the mortgage rate widened 0.12 points. Together those make up the 0.09-point move.
  • Four weeks ago the 30-year average was 6.95%.
  • 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 2.47 points, against an average of 2.38 across the history on this site.
Change from the previous week
Change from February 20, 2025Points
10-year Treasury yield-0.21
Spread over the Treasury+0.12
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.