What will be the weekly average interest rate for 30-year fixed rate mortgages in the US for the week ending 21 March 2024?

Started Dec 01, 2023 06:00PM UTC
Closing Mar 21, 2024 07:01AM UTC

Mortgage rates fell from multi-decade highs in November 2023 and are expected to fall as expectations of additional interest rate hikes from the Federal Reserve recede (Yahoo). The question will be suspended 20 March 2024 and the outcome 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 16 November 2023, the weekly average interest rate for 30-year fixed-rate mortgages in the US was 7.44%.

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Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Lower than 5.50% 0.25% +0.00% +0.25% +0.25%
Between 5.50% and 5.90%, inclusive 2.88% +0.00% +0.88% -4.12%
Higher than 5.90% but lower than 6.30% 5.50% -0.09% -3.50% -21.50%
Between 6.30% and 6.70%, inclusive 24.69% -1.37% -19.31% -12.31%
Higher than 6.70% but lower than 7.10% 51.81% +1.15% +13.81% +32.81%
Between 7.10% and 7.50%, inclusive 14.00% +0.25% +8.00% +6.00%
More than 7.50% 0.88% +0.07% -0.12% -1.12%

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