Started Nov 04, 2022 05:00PM UTC   •   Closing May 04, 2023 07:01AM UTC

What will be the weekly average interest rate for 30-year fixed-rate mortgages in the US for the week ending 4 May 2023?

In October 2022, rates for 30-year mortgages climbed above 7.00% for the first time since 2002, pushed by higher interest rates out of the Federal Reserve (AP, CNBC). The outcome will be determined using Freddie Mac 30-year fixed rate mortgage average data as reported by the Federal Reserve Economic Data (FRED) database (FRED). For the week ending 3 November 2022, the weekly average interest rate for 30-year fixed-rate mortgages in the US was 6.95%.

Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.

To learn more about how you can become a Superforecaster, see hereFor other posts from our Insights blog, click here.

Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Lower than 4.00% 1.00% +0.00% +0.00% +0.00%
Between 4.00% and 5.00%, inclusive 8.00% +1.00% +0.00% +0.00%
Higher than 5.00% but lower than 6.00% 45.00% +1.00% +2.00% +18.00%
Between 6.00% and 7.00%, inclusive 33.00% -2.00% -1.00% -7.00%
Higher than 7.00% but lower than 8.00% 11.00% -1.00% -1.00% -9.00%
Between 8.00% and 9.00%, inclusive 1.00% +0.00% +0.00% -2.00%
More than 9.00% 1.00% +1.00% +0.00% +0.00%

Sign up or sign in to forecast!

Sign Up Sign In
Files
Tip: Mention someone by typing @username