What will be the weekly average interest rate for 30-year fixed rate mortgages in the US for the week ending 26 September 2024?

Started May 31, 2024 05:00PM UTC
Closing Sep 26, 2024 07:01AM UTC

Mortgage rates are expected to stay elevated as markets speculate on when the Federal Reserve will begin to cut interest rate (Newsweek). The question will be suspended 25 September 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 23 May 2024, the weekly average interest rate for 30-year fixed-rate mortgages in the US was 6.94%.

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Possible Answer Crowd Forecast Change in last 24 hours Change in last week Change in last month
Less than 5.60% 0.25% 0% +0.25% +0.25%
At least 5.60%, but less than 6.00% 0.75% -0.06% -0.25% -1.25%
At least 6.00%, but less than 6.40% 12.06% -1.19% -0.94% +2.06%
At least 6.40%, but less than 6.80% 42.31% +3.75% -1.69% +14.31%
At least 6.80%, but less than 7.20% 32.75% -1.50% +2.75% -7.25%
At least 7.20%, but less than 7.60% 10.94% -0.44% +2.94% -4.06%
At least 7.60%, but less than 8.00% 0.69% -0.50% -2.31% -3.31%
8.00% or more 0.25% -0.06% -0.75% -0.75%

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