What will be the weekly average interest rate for 30-year fixed rate mortgages in the US for the week ending 27 June 2024?
Closing Jun 27, 2024 07:01AM UTC
Mortgage rates rose in early 2024 as markets tempered expectations of near-term Federal Reserve interest rate cuts (ABC News). The question will be suspended 26 June 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 29 June 2023, the weekly average interest rate for 30-year fixed-rate mortgages in the US was 6.71%.
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 here. For 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 |
|---|---|---|---|---|
| Less than 5.60% | 0% | 0% | 0% | 0% |
| At least 5.60%, but less than 6.00% | 0.06% | -0.63% | -0.88% | -0.94% |
| At least 6.00%, but less than 6.40% | 1.50% | -2.31% | -3.50% | -6.50% |
| At least 6.40%, but less than 6.80% | 30.38% | -0.37% | -11.81% | -20.62% |
| At least 6.80%, but less than 7.20% | 45.50% | +3.06% | +11.44% | +12.50% |
| At least 7.20%, but less than 7.60% | 19.19% | +0.25% | +4.06% | +13.19% |
| 7.60% or more | 3.38% | 0% | +0.69% | +2.38% |