USA: Mortgage credit interest rate

* indicates monthly or quarterly data series

Mortgage credit interest rate, percent

 Latest value 6.45
 Reference March 2024
 Measure percent
 Data availability August 1991 - March 2024
 Average 5.53
 Min - Max 2.42 - 9.01
 Source Freddie Mac
For that indicator, we provide data for the USA from August 1991 to March 2024. The average value for the USA during that period was 5.53 percent with a minimum of 2.42 percent in December 2020 and a maximum of 9.01 percent in November 1994. Click on the following link to see the values of Mortgage credit interest rate, percent around the world.
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* indicates monthly or quarterly data series

Recent values chart
USA - Mortgage credit interest rate - recent values

Historical chart
USA - Mortgage credit interest rate - historical chart - 1991-2024
Measure: percent
Source: Freddie Mac

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Definition: The mortgage credit interest rate is the average interest rate on mortgage loan products offered to individuals and households by the commercial banks in the country. The mortgage credit is a loan used to finance the purchase of real estate.

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