U.S. Mortgage Rate Forecast
Conventional Mortgage Rates Forecast Values
30 Year Conventional Mortgage. Percent Per Year, Average of Month.
| Month | Date | Forecast Value | Avg Error |
|---|---|---|---|
| 0 | Aug 2023 | 7.07 | ±0.00 |
| 1 | Sep 2023 | 7.21 | ±0.073 |
| 2 | Oct 2023 | 7.25 | ±0.096 |
| 3 | Nov 2023 | 7.21 | ±0.11 |
| 4 | Dec 2023 | 7.17 | ±0.12 |
| 5 | Jan 2024 | 6.94 | ±0.13 |
| 6 | Feb 2024 | 6.60 | ±0.13 |
| 7 | Mar 2024 | 6.38 | ±0.14 |
| 8 | Apr 2024 | 6.07 | ±0.14 |
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Chart of Mortgage Interest Rates
Home Loan Interest Rates for 30 Year Conventional Loan, Percent Per Year. Includes Forecast
Other Home Loan Resources:
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| September 22, 2023 | |
| Indicator | Rate, % |
|---|---|
| Prime Rate | 8.50 |
| 30 Year Treasury Bond | 4.53 |
| 10 Year Treasury Note | 4.44 |
| 91 Day Treasury Bill | 5.56 |
| Fed Funds | 5.33 |
| SOFR | 5.30 |
| 30 Year Mortgage Rate | 7.19 |