Weekly update
Mortgage rates, week of September 25, 2025
The 30-year fixed averaged 6.30%, up 0.04 points from last week.
- 30-year fixed
- 6.30%
- 15-year fixed
- 5.49%
- 10-year Treasury
- 4.18%
- Spread
- 2.12
The numbers behind the week
- The 15-year fixed averaged 5.49%, up 0.08 points.
- Between the two readings the 10-year Treasury yield rose 0.07 points and the gap between it and the mortgage rate narrowed 0.03 points. Together those make up the 0.04-point move.
- Four weeks ago the 30-year average was 6.56%.
- Over the past 52 weeks the 30-year average has ranged from 6.26% to 7.04%.
- The spread over the 10-year Treasury is 2.12 points, against an average of 2.37 across the history on this site.
| Change from September 18, 2025 | Points |
|---|---|
| 10-year Treasury yield | +0.07 |
| Spread over the Treasury | -0.03 |
| 30-year mortgage rate | +0.04 |
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.