Mortgage Rate Intelligence
Track current mortgage rates, historical trends, and market spreads
Time Period:
Rate Statistics (5 Years)
| Rate Type | Current | Minimum | Maximum | Average | Percentile |
|---|
Understanding Rate Spreads
The spread between 30-year and 15-year fixed rates typically ranges from 0.5% to 0.75%. A wider spread suggests that lenders are pricing in more long-term risk. The ARM spread indicates the premium borrowers pay for rate stability vs. initial savings.
Data Source
Mortgage rate data is sourced from the Federal Reserve Economic Data (FRED), specifically the Primary Mortgage Market Survey published weekly by Freddie Mac. Rates reflect the national average for qualified borrowers with strong credit profiles.