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National Average Contract Mortgage Rate History

For the Purchase of Previously Occupied Homes

By Combined Lenders

The National Average Contract Mortgage Rate is derived from the Federal Housing Finance Agency's Monthly Interest Rate Survey (MIRS). Prior to October 1989, this survey was conducted for many years by the former Federal Home Loan Bank Board (FHLBB). The series is the average contract rate reported by a sample of mortgage lenders -- savings and loan associations, savings banks, commercial banks, and mortgage companies -- for loans closed during the first 5 working days of the month up through October 1991 and for the last 5 working days of the month since November 1991. The rate is based on conventional fixed- and adjustable-rate loans on previously occupied nonfarm single-family homes. The series trails interest-rate trends both because of the processing time and the fact that the rate on a loan closed often reflects a rate commitment made two or three months earlier.

Up-to-date information on this series is available on a recorded message on (202) 649-3993.​

 

2018

Announcement DateIndex MonthIndex ValueNews Release
February 27, 2018January 20184.12[PAGE]

​ 

2017

Announcement DateIndex MonthIndex ValueNews Release
January 25, 2018December 2017​4.08[PAGE]
December 28, 2017November 20174.05[PAGE]
November 29, 2017October 2017​3.98[PAGE]
​October 26, 2017September 2017​4.00[PAGE]
September 28, 2017August 2017​4.05[PAGE]
August 29, 2017​July 20173.99​[PAGE]
​July 27, 2017June 2017​4.00[PAGE]
June 29, 2017May 2017​​3.87[PAGE]
May 30, 2017April 20173.97[PAGE]
April 27, 2017March 20174.12[PAGE]
March 28, 2017February 20174.27[PAGE]
February 28, 2017January 20174.22[PAGE]

​ 

2016

Announcement DateIndex MonthIndex ValueNews Release
January 26, 2017December 20164.00[PAGE]
December 27, 2016November 20163.66[PAGE]
November 29, 2016October 20163.62[PAGE]
October 27, 2016September 20163.61[PAGE]
September 28, 2016August 20163.58[PAGE]
August 30, 2016July 20163.62[PAGE]
July 27, 2016June 20163.69[PAGE]
June 29, 2016May 20163.70[PAGE]
May 26, 2016April 20163.75[PAGE]
April 28, 2016March 20163.73[PAGE]
March 29, 2016February 20163.88[PAGE]
February 25, 2016January 20163.98[PAGE]

 

2015

Announcement DateIndex MonthIndex ValueNews Release
January 28, 2016December 20153.97[PAGE]
December 30, 2015November 20153.85[PAGE]
November 24, 2015October 20153.89[PAGE]
October 29, 2015September 20153.93[PAGE]
September 29, 2015August 20153.99[PAGE]
August 27, 2015July 20154.02[PAGE]
July 30, 2015June 20153.85[PAGE]
June 25, 2015May 20153.75[PAGE]
May 28, 2015April 20153.78[PAGE]
April 28, 2015March 20153.80[PAGE]
March 26, 2015February 20153.77[PAGE]
February 26, 2015January 20153.88[PAGE]

 

2014

Announcement DateIndex MonthIndex ValueNews Release
January 29, 2015December 20143.98[PAGE]
December 30, 2014November 20144.00[PAGE]
November 25, 2014October 20144.11[PAGE]
October 30, 2014 September 20144.06[PAGE]
September 30, 2014August 20144.08[PAGE]
August 28, 2014July 20144.09[PAGE]
July 31, 2014June 20144.08[PAGE]
June 26, 2014May 20144.18[PAGE]
May 29, 2014April 20144.24[PAGE]
April 29, 2014March 20144.22[PAGE]
March 27, 2014February 20144.30[PAGE]
February 27, 2014January 20144.37[PAGE]

2013

Announcement DateIndex MonthIndex ValueNews Release
January 30, 2014December 20134.25[PAGE]
December 24, 2013November 20134.21[PAGE]
November 26, 2013October 20134.32[PAGE]
October 29, 2013September 20134.38[PAGE]
September 26, 2013August 20134.26[PAGE]
August 29, 2013July 20134.01[PAGE]
July 30, 2013June 20133.55[PAGE]
June 27, 2013May 20133.40[PAGE]
May 30, 2013April 20133.56[PAGE]
April 25, 2013March 20133.54[PAGE]
March 28, 2013February 20133.43[PAGE]
February 26, 2013January 20133.35[PAGE]

2012

Announcement DateIndex MonthIndex ValueNews Release
January 29, 2013December 20123.29[PAGE]
December 27, 2012November 20123.36[PAGE]
November 29, 2012October 20123.44[PAGE]
October 30, 2012September 20123.56[PAGE]
September 27, 2012August 20123.56[PAGE]
August 28, 2012July 20123.66[PAGE]
July 26, 2012June 20123.67[PAGE]
June 26, 2012May 20123.78[PAGE]
May 29, 2012April 20123.93[PAGE]
April 26, 2012March 20123.90[PAGE]
March 27, 2012February 20124.08[PAGE]
February 28, 2012January 20124.25[PAGE]

2011

Announcement DateIndex MonthIndex ValueNews Release
January 26, 2012December 20114.15[PAGE]
December 22, 2011November 20114.22[PAGE]
November 22, 2011October 20114.19[PAGE]
October 27, 2011September 20114.38[PAGE]
September 27, 2011August 20114.56[PAGE]
August 30, 2011July 20114.57[PAGE]
July 27, 2011June 20114.62[PAGE]
June 28, 2011May 20114.74[PAGE]
May 25, 2011April 20114.80[PAGE]
April 26, 2011March 20114.84[PAGE]
March 29, 2011February 20114.79[PAGE]
February 24, 2011January 20114.71[PAGE]

 

2010

Announcement DateIndex MonthIndex ValueNews Release
January 27, 2011December 20104.58[PAGE]
December 28, 2010November 20104.42[PAGE]
November 23, 2010October 20104.49[PAGE]
October 28, 2010September 20104.55[PAGE]
September 28, 2010August 20104.65[PAGE]
August 26, 2010July 20104.78[PAGE]
July 27, 2010June 20104.91[PAGE]
June 24, 2010May 20104.99[PAGE]
May 27, 2010April 20105.02[PAGE]
April 27, 2010March 20104.99[PAGE]
March 30, 2010February 20105.05[PAGE]
February 25, 2010January 20105.01[PAGE]

 

2009

Announcement DateIndex MonthIndex ValueNews Release
January 26, 2010December 20094.92[PAGE]
December 24, 2009November 20095.01[PAGE]
November 24, 2009October 20095.02[PAGE]
October 27, 2009September 20095.16[PAGE]
September 29, 2009August 20095.25[PAGE]
August 27, 2009July 20095.26[PAGE]
July 28, 2009June 20095.09[PAGE]
June 25, 2009May 20094.88[PAGE]
May 28, 2009April 20094.88[PAGE]
April 28, 2009March 20095.06[PAGE]
March 26, 2009February 20095.04[PAGE]
February 26, 2009January 20095.12[PAGE]


 

2008

Announcement DateIndex MonthIndex ValueNews Release
January 27, 2009December 20085.51[PAGE]
December 30, 2008November 20086.18[PAGE]
November 25, 2008October 20086.16[PAGE]
October 28, 2008September 20086.17[PAGE]
September 25, 2008August 20086.46N / A
August 28, 2008July 20086.41N / A
July 24, 2008June 20086.23N / A
June 25, 2008May 20086.04N / A
May 27, 2008April 20085.97N / A
April 24, 2008March 20086.03N / A
March 25, 2008February 20085.87N / A
February 26, 2008January 20085.97N / A


 

2007

Announcement DateIndex MonthIndex Value
January 24, 2008December 20076.23
December 27, 2007November 20076.35
November 27, 2007October 20076.50
October 25, 2007September 20076.59
September 25, 2007August 20076.73
August 28, 2007July 20076.74
July 25, 2007June 20076.58
June 26, 2007May 20076.37
May 24, 2007April 20076.28
April 26, 2007March 20076.33
March 27, 2007February 20076.40
February 27, 2007January 20076.37


 

2006

Announcement DateIndex MonthIndex Value
January 25, 2007December 20066.40
December 28, 2006November 20066.45
November 28, 2006October 20066.54
October 26, 2006September 20066.59
September 27, 2006August 20066.75
August 29, 2006July 20066.77
July 25, 2006June 20066.65
June 27, 2006May 20066.61
May 30, 2006Apr 20066.50
April 25, 2006March 20066.43
March 27, 2006February 20066.31
February 27, 2006January 20066.30


 

2005

Announcement DateIndex MonthIndex Value
January 25, 2006December 20056.29
December 28, 2005November 20056.22
November 29, 2005October 20055.98
October 25, 2005September 20055.85
September 27, 2005August 20055.83
August 30, 2005July 20055.68
July 26, 2005June 20055.65
June 29, 2005May 20055.80
May 25, 2005Apr 20055.86
April 26, 2005March 20055.76
March 25, 2005February 20055.68
February 24, 2005January 20055.72


 

2004

Announcement DateIndex MonthIndex Value
January 26, 2005December 20045.71
December 28, 2004November 20045.65
November 30, 2004October 20045.64
October 26, 2004September 20045.63
September 28, 2004August 20045.77
August 26, 2004July 20045.88
July 28, 2004June 20045.96
June 25, 2004May 20045.73
May 28, 2004Apr 20045.37
April 26, 2004March 20045.43
March 26, 2004February 20045.69
February 26, 2004January 20045.63


 

2003

Announcement DateIndex MonthIndex Value
January 28, 2004December 20035.74
December 23, 2003November 20035.79
November 25, 2003October 20035.78
October 27, 2003September 20035.89
September 25, 2003August 20035.61
August 26, 2003July 20035.34
July 25, 2003June 20035.36
June 26, 2003May 20035.58
May 28, 2003April 20035.68
April 28, 2003March 20035.76
March 27, 2003February 20035.88
February 27 , 2003January 20035.91


 

2002

Announcement DateIndex MonthIndex Value
January 28, 2003December 20026.04
December 26, 2002November 20026.03
November 26, 2002October 20026.09
October 25, 2002September 20026.23
September 27, 2002August 20026.32
August 28, 2002July 20026.48
July 25, 2002June 20026.62
June 26, 2002May 20026.74
May 28, 2002April 20026.88
April 26, 2002March 20026.77
March 27, 2002February 20026.77
February 27, 2002January 20026.81


 

2001

Announcement DateIndex MonthIndex Value
January 25, 2002December 20016.69
December 27, 2001November 20016.56
November 28, 2001October 20016.66
October 26, 2001September 20016.86
September 26, 2001August 20016.99
August 28, 2001July 20017.10
July 26, 2001June 20017.10
June 26, 2001May 20017.08
May 25, 2001April 20017.01
April 26, 2001March 20017.02
March 27, 2001February 20017.10
February 27, 2001January 20017.25


 

2000

Announcement DateIndex MonthIndex Value
January 26, 2001December 20007.59
December 26, 2000November 20007.73
November 28, 2000October 20007.81
October 26, 2000September 20007.89
September 27, 2000August 20008.00
August 29, 2000July 20008.09
July 27, 2000June 20008.17
June 27, 2000May 20008.08
May 26, 2000April 20008.00
April 27, 2000March 20008.01
March 27, 2000February 20007.95
February 25, 2000January 20007.79


 

1999

Announcement DateIndex MonthIndex Value
January 26, 2000December 19997.55
December 27, 1999November 19997.56
November 29, 1999October 19997.56
October 27, 1999September 19997.57
September 27, 1999August 19997.48
August 26, 1999July 19997.35
July 27, 1999June 19997.14
June 25, 1999May 19996.96
May 26, 1999April 19996.94
April 27, 1999March 19996.91
March 25, 1999February 19996.82
February 25, 1999January 19996.77


 

1998

Announcement DateIndex MonthIndex Value
January 27, 1999December 19986.76
December 24, 1998November 19986.77
November 25, 1998October 19986.74
October 27, 1998September 19986.88
September 25, 1998August 19986.98
August 26, 1998July 19987.01
July 27, 1998June 19987.06
June 26, 1998May 19987.08
May 27, 1998April 19987.09
April 27, 1998March 19987.07
March 26, 1998February 19987.06
February 26, 1998January 19987.12


 

1997

Announcement DateIndex MonthIndex Value
January 28, 1998December 19977.26
December 24, 1997November 19977.34
November 26, 1997October 19977.37
October 28, 1997September 19977.46
September 25, 1997August 19977.47
August 26, 1997July 19977.52
July 28, 1997June 19977.67
June 26, 1997May 19977.75
May 28, 1997April 19977.73
April 25, 1997March 19977.61
March 26, 1997February 19977.53
February 26, 1997January 19977.55


 

1996

Announcement DateIndex MonthIndex Value
January 28, 1997December 19967.45
December 27, 1996November 19967.55
November 27, 1996October 19967.68
October 25, 1996September 19967.78
September 27, 1996August 19967.76
August 28, 1996July 19967.87
July 26, 1996June 19967.77
June 27, 1996May 19967.72
May 29, 1996April 19967.55
April 26, 1996March 19967.29
March 26, 1996February 19967.13
February 27, 1996January 19967.18


 

1995

Announcement DateIndex MonthIndex Value
January 26, 1996December 19957.22
December 28, 1995November 19957.48
November 29, 1995October 19957.53
October 26, 1995September 19957.61
September 27, 1995August 19957.60
August 25, 1995July 19957.56
July 26, 1995June 19957.62
June 27, 1995May 19957.87
May 26, 1995April 19957.99
April 26, 1995March 19958.09
March 27, 1995February 19958.00
February 27, 1995January 19957.77


 

1994

Announcement DateIndex MonthIndex Value
January 26, 1995December 19947.75
December 27, 1994November 19947.56
November 29, 1994October 19947.60
October 25, 1994September 19947.57
September 27, 1994August 19947.59
August 25, 1994July 19947.49
July 26,1994June 19947.36
June 27, 1994May 19947.33
May 25, 1994April 19947.04
April 26, 1994March 19946.84
March 25, 1994February 19946.68
February 25, 1994January 19946.73


 

1993

Announcement DateIndex MonthIndex Value
January 26, 1994December 19936.65
December 28, 1993November 19936.60
November 30, 1993October 19936.59
October 28, 1993September 19936.75
September 27, 1993August 19936.87
August 27, 1993July 19936.95
July 27, 1993June 19937.02
June 25, 1993May 19937.08
May 25, 1993April 19937.06
April 27, 1993March 19937.17
March 26, 1993February 19937.28
February 26, 1993January 19937.49


 

1992

Announcement DateIndex MonthIndex Value
January 27, 1993December 19927.53
December 24, 1992November 19927.49
November 30, 1992October 19927.40
October 27, 1992September 19927.44
September 25, 1992August 19927.58
August 24, 1992July 19927.78
July 27, 1992June 19928.04
June 26, 1992May 19928.20
May 26, 1992April 19928.26
April 27, 1992March 19928.14
March 26, 1992February 19928.15
February 25, 1992January 19928.02


 

1991

Announcement DateIndex MonthIndex Value
January 24, 1992December 19918.25
December 24, 1991November 19918.43
November 21, 1991October 19918.78
October 18, 1991September 19918.93
September 23, 1991August 19919.10
August 21, 1991July 19919.12
July 17, 1991June 19919.12
June 21, 1991May 19919.23
May 17, 1991April 19919.24
April 17, 1991March 19919.26
March 15, 1991February 19919.49
February 21, 1991January 19919.54


 

1990

Announcement DateIndex MonthIndex Value
January 18, 1991December 19909.58
December 17, 1990November 19909.69
November 15, 1990October 19909.67
October 16, 1990September 19909.70
September 14, 1990August 19909.70
August 15, 1990July 19909.85
July 18, 1990June 19909.85
June 15, 1990May 19909.83
May 16, 1990April 19909.82
April 16, 1990March 19909.74
March 15, 1990February 19909.74
February 15, 1990January 19909.68


 

1989

Announcement DateIndex MonthIndex Value
January 16, 1990December 19899.69
December 18, 1989November 19899.80
November 16, 1989October 19899.86
October 16, 1989September 19899.82
September 15, 1989August 19899.81
August 15, 1989July 198910.10
July 14, 1989June 198910.27
June 13, 1989May 198910.13
May 15, 1989April 19899.76
April 14, 1989March 19899.62
March 15, 1989February 19899.44
February 15, 1989January 19899.31


 

1988

Announcement DateIndex MonthIndex Value
January 17, 1989December 19889.31
December 13, 1988November 19889.16
November 16, 1988October 19889.11
October 14, 1988September 19888.98
September 15, 1988August 19889.00
August 15, 1988July 19888.98
July 15, 1988June 19888.98
June 15, 1988May 19888.90
May 16, 1988April 19888.93
April 15, 1988March 19888.84
March 15, 1988February 19888.84
February 16, 1988January 19888.92


 

1987

Announcement DateIndex MonthIndex Value
January 15, 1988December 19878.86
December 15, 1987November 19878.89
November 13, 1987October 19878.86
October 15, 1987September 19878.91
September 11, 1987August 19879.05
August 14, 1987July 19879.05
July 15, 1987June 19879.02
June 15, 1987May 19878.93
May 15, 1987April 19878.79
April 15, 1987March 19878.80
March 13, 1987February 19878.89
February 12, 1987January 19879.19


 

1986

Announcement DateIndex MonthIndex Value
January 13, 1987December 19869.29
December 12, 1986November 19869.48
November 12, 1986October 19869.59
October 14, 1986September 19869.71
September 11, 1986August 19869.88
August 11, 1986July 19869.88
July 11, 1986June 19869.83
June 11, 1986May 19869.80
May 12, 1986April 198610.00
April 10, 1986March 198610.24
March 12, 1986February 198610.46
February 10, 1986January 198610.40


 

1985

Announcement DateIndex MonthIndex Value
January 13, 1986December 198510.70
December 12, 1985November 198510.80
November 13, 1985October 198510.86
October 11, 1985September 198510.76
September 13, 1985August 198510.87
August 12, 1985July 198511.02
July 12, 1985June 198511.29
June 11, 1985May 198511.62
May 10, 1985April 198511.62
April 10, 1985March 198511.72
March 13, 1985February 198511.90
February 11, 1985January 198512.09


 

1984

Announcement DateIndex MonthIndex Value
January 14, 1985December 198412.26
December 11, 1984November 198412.38
November 15, 1984October 198412.52
October 11, 1984September 198412.43
September 12, 1984August 198412.24
August 10, 1984July 198412.03
July 12, 1984June 198411.79
June 11, 1984May 198411.63
May 11, 1984April 198411.61
April 11, 1984March 198411.69
March 13, 1984February 198411.73
February 10, 1984January 198411.70


 

1983

Announcement DateIndex MonthIndex Value
January 13, 1984December 198311.94
December 12, 1983November 198312.11
November 15, 1983October 198312.19
October 17, 1983September 198312.38
September 13, 1983August 198312.25
August 11, 1983July 198312.18
July 13, 1983June 198312.21
June 14, 1983May 198312.36
May 13, 1983April 198312.42
April 12, 1983March 198312.61
March 14, 1983February 198312.88
February 11, 1983January 198313.04


 

1982

Announcement DateIndex MonthIndex Value
January 12, 1983December 198213.44
December 14, 1982November 198213.74
November 13, 1982October 198214.37
October 13, 1982September 198214.71
September 13, 1982August 198215.03
August 12, 1982July 198214.96
July 13, 1982June 198215.01
June 11, 1982May 198215.57
May 12, 1982April 198215.39
April 12, 1982March 198215.07
March 12, 1982February 198215.22
February 12, 1982January 198215.37


 

1981

Announcement DateIndex MonthIndex Value
January 12, 1982December 198115.53
December 14, 1981November 198115.80
November 12, 1981October 198115.47
October 13, 1981September 198115.38
September 14, 1981August 198115.03
August 12, 1981July 198114.77
July 13, 1981June 198114.40
June 10, 1981May 198114.19
May 12, 1981April 198113.99
April 10, 1981March 198113.91
March 12, 1981February 198113.73
February 11, 1981January 198113.24

 


 

1980

Announcement DateIndex MonthIndex Value
January 13, 1981December 198013.15
December 11, 1980November 198012.85
November 10, 1980October 198012.31
October 10, 1980September 198012.00
September 11, 1980August 198011.89
August 11, 1980July 198012.23
July 11, 1980June 198012.88
June 11, 1980May 198013.74
May 21, 1980April 198013.21
May 7, 1980March 198012.56
April 7, 1980February 198012.30
April 3, 1980January 198011.78 ​​​​​​