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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.

 

Announcement Date

Index Month

Index Value

January 26, 2012

December 2011

4.15

December 22, 2011

November 2011

4.22

November 22, 2011

October 2011

4.19

October 27, 2011

September 2011

4.38

September 27, 2011

August 2011

4.56

August 30, 2011

July 2011

4.57

July 27, 2011

June 2011

4.62

June 28, 2011

May 2011

4.74

May 25, 2011

April 2011

4.80

April 26, 2011

March 2011

4.84

March 29, 2011

February 2011

4.79

February 24, 2011

January 2011

4.71

 

Announcement DateIndex Month Index Value

January 27, 2011

December 2010

4.58

December 28, 2010

November 2010

4.42

November 23, 2010

October 2010

4.49

October 28, 2010

September 2010

4.55

September 28, 2010

August 2010

4.65

August 26, 2010

July 2010

4.78

July 27, 2010

June 2010

4.91

June 24, 2010

May 2010

4.99

May 27, 2010

April 2010

5.02

April 27, 2010

March 2010

4.99

March 30, 2010

February 2010

5.05

February 25, 2010

January 2010

5.01

 

Announcement DateIndex Month Index Value

January 26, 2010

December 2009

4.92

December 24, 2009

November 2009

5.01

November 24, 2009

October 2009

5.02

October 27, 2009

September 2009

5.16

September 29, 2009

August 2009

5.25

August 27, 2009

July 2009

5.26

July 28, 2009

June 2009

5.09

June 25, 2009

May 2009

4.88

May 28, 2009

April 2009

4.88

April 28, 2009

March 2009

5.06

March 26, 2009

February 2009

5.04

February 26, 2009

January 2009

5.12

 

Announcement DateIndex Month Index Value

January 27, 2009

December 2008

5.51

December 30, 2008

November 2008

6.18

November 25, 2008

October 2008

6.16

October 28, 2008

September 2008

6.17

September 25, 2008

August 2008

6.46

August 28, 2008

July 2008

6.41

July 24, 2008

June 2008

6.23

June 25, 2008

May 2008

6.04

May 27, 2008

April 2008

5.97

April 24, 2008

March 2008

6.03

March 25, 2008

February 2008

5.87

February 26, 2008

January 2008

5.97

 

Announcement DateIndex Month Index Value

January 24, 2008

December 2007

6.23

December 27, 2007

November 2007

6.35

November 27, 2007

October 2007

6.50

October 25, 2007

September 2007

6.59

September 25, 2007

August 2007

6.73

August 28, 2007

July 2007

6.74

July 25, 2007

June 2007

6.58

June 26, 2007

May 2007

6.37

May 24, 2007

April 2007

6.28

April 26, 2007

March 2007

6.33

March 27, 2007

February 2007

6.40

February 27, 2007

January 2007

6.37

 

Announcement DateIndex Month Index Value

January 25, 2007

December 2006

6.40

December 28, 2006

November 2006

6.45

November 28, 2006

October 2006

6.54

October 26, 2006

September 2006

6.59

September 27, 2006

August 2006

6.75

August 29, 2006

July 2006

6.77

July 25, 2006

June 2006

6.65

June 27, 2006

May 2006

6.61

May 30, 2006

Apr 2006

6.50

April 25, 2006

March 2006

6.43

March 27, 2006

February 2006

6.31

February 27, 2006

January 2006

6.30

 

Announcement DateIndex Month Index Value

January 25, 2006

December 2005

6.29

December 28, 2005

November 2005

6.22

November 29, 2005

October 2005

5.98

October 25, 2005

September 2005

5.85

September 27, 2005

August 2005

5.83

August 30, 2005

July 2005

5.68

July 26, 2005

June 2005

5.65

June 29, 2005

May 2005

5.80

May 25, 2005

Apr 2005

5.86

April 26, 2005

March 2005

5.76

March 25, 2005

February 2005

5.68

February 24, 2005

January 2005

5.72

 

Announcement DateIndex Month Index Value

January 26, 2005

December 2004

5.71

December 28, 2004

November 2004

5.65

November 30, 2004

October 2004

5.64

October 26, 2004

September 2004

5.63

September 28, 2004

August 2004

5.77

August 26, 2004

July 2004

5.88

July 28, 2004

June 2004

5.96

June 25, 2004

May 2004

5.73

May 28, 2004

Apr 2004

5.37

April 26, 2004

March 2004

5.43

March 26, 2004

February 2004

5.69

February 26, 2004

January 2004

5.63

 

Announcement DateIndex Month Index Value

January 28, 2004

December 2003

5.74

December 23, 2003

November 2003

5.79

November 25, 2003

October 2003

5.78

October 27, 2003

September 2003

5.89

September 25, 2003

August 2003

5.61

August 26, 2003

July 2003

5.34

July 25, 2003

June 2003

5.36

June 26, 2003

May 2003

5.58

May 28, 2003

April 2003

5.68

April 28, 2003

March 2003

5.76

March 27, 2003

February 2003

5.88

February 27 , 2003

January 2003

5.91

 

Announcement DateIndex Month Index Value

January 28, 2003

December 2002

6.04

December 26, 2002

November 2002

6.03

November 26, 2002

October 2002

6.09

October 25, 2002

September 2002

6.23

September 27, 2002

August 2002

6.32

August 28, 2002

July 2002

6.48

July 25, 2002

June 2002

6.62

June 26, 2002

May 2002

6.74

May 28, 2002

April 2002

6.88

April 26, 2002

March 2002

6.77

March 27, 2002

February 2002

6.77

February 27, 2002

January 2002

6.81

 

Announcement DateIndex Month Index Value

January 25, 2002

December 2001

6.69

December 27, 2001

November 2001

6.56

November 28, 2001

October 2001

6.66

October 26, 2001

September 2001

6.86

September 26, 2001

August 2001

6.99

August 28, 2001

July 2001

7.10

July 26, 2001

June 2001

7.10

June 26, 2001

May 2001

7.08

May 25, 2001

April 2001

7.01

April 26, 2001

March 2001

7.02

March 27, 2001

February 2001

7.10

February 27, 2001

January 2001

7.25

 

Announcement DateIndex Month Index Value

January 26, 2001

December 2000

7.59

December 26, 2000

November 2000

7.73

November 28, 2000

October 2000

7.81

October 26, 2000

September 2000

7.89

September 27, 2000

August 2000

8.00

August 29, 2000

July 2000

8.09

July 27, 2000

June 2000

8.17

June 27, 2000

May 2000

8.08

May 26, 2000

April 2000

8.00

April 27, 2000

March 2000

8.01

March 27, 2000

February 2000

7.95

February 25, 2000

January 2000

7.79

 

Announcement DateIndex Month Index Value

January 26, 2000

December 1999

7.55

December 27, 1999

November 1999

7.56

November 29, 1999

October 1999

7.56

October 27, 1999

September 1999

7.57

September 27, 1999

August 1999

7.48

August 26, 1999

July 1999

7.35

July 27, 1999

June 1999

7.14

June 25, 1999

May 1999

6.96

May 26, 1999

April 1999

6.94

April 27, 1999

March 1999

6.91

March 25, 1999

February 1999

6.82

February 25, 1999

January 1999

6.77

 

Announcement DateIndex Month Index Value

January 27, 1999

December 1998

6.76

December 24, 1998

November 1998

6.77

November 25, 1998

October 1998

6.74

October 27, 1998

September 1998

6.88

September 25, 1998

August 1998

6.98

August 26, 1998

July 1998

7.01

July 27, 1998

June 1998

7.06

June 26, 1998

May 1998

7.08

May 27, 1998

April 1998

7.09

April 27, 1998

March 1998

7.07

March 26, 1998

February 1998

7.06

February 26, 1998

January 1998

7.12

 

Announcement DateIndex Month Index Value

January 28, 1998

December 1997

7.26

December 24, 1997

November 1997

7.34

November 26, 1997

October 1997

7.37

October 28, 1997

September 1997

7.46

September 25, 1997

August 1997

7.47

August 26, 1997

July 1997

7.52

July 28, 1997

June 1997

7.67

June 26, 1997

May 1997

7.75

May 28, 1997

April 1997

7.73

April 25, 1997

March 1997

7.61

March 26, 1997

February 1997

7.53

February 26, 1997

January 1997

7.55

 

Announcement DateIndex Month Index Value

January 28, 1997

December 1996

7.45

December 27, 1996

November 1996

7.55

November 27, 1996

October 1996

7.68

October 25, 1996

September 1996

7.78

September 27, 1996

August 1996

7.76

August 28, 1996

July 1996

7.87

July 26, 1996

June 1996

7.77

June 27, 1996

May 1996

7.72

May 29, 1996

April 1996

7.55

April 26, 1996

March 1996

7.29

March 26, 1996

February 1996

7.13

February 27, 1996

January 1996

7.18

 

Announcement DateIndex Month Index Value

January 26, 1996

December 1995

7.22

December 28, 1995

November 1995

7.48

November 29, 1995

October 1995

7.53

October 26, 1995

September 1995

7.61

September 27, 1995

August 1995

7.60

August 25, 1995

July 1995

7.56

July 26, 1995

June 1995

7.62

June 27, 1995

May 1995

7.87

May 26, 1995

April 1995

7.99

April 26, 1995

March 1995

8.09

March 27, 1995

February 1995

8.00

February 27, 1995

January 1995

7.77

 

Announcement DateIndex Month Index Value

January 26, 1995

December 1994

7.75

December 27, 1994

November 1994

7.56

November 29, 1994

October 1994

7.60

October 25, 1994

September 1994

7.57

September 27, 1994

August 1994

7.59

August 25, 1994

July 1994

7.49

July 26,1994

June 1994

7.36

June 27, 1994

May 1994

7.33

May 25, 1994

April 1994

7.04

April 26, 1994

March 1994

6.84

March 25, 1994

February 1994

6.68

February 25, 1994

January 1994

6.73

 

Announcement DateIndex Month Index Value

January 26, 1994

December 1993

6.65

December 28, 1993

November 1993

6.60

November 30, 1993

October 1993

6.59

October 28, 1993

September 1993

6.75

September 27, 1993

August 1993

6.87

August 27, 1993

July 1993

6.95

July 27, 1993

June 1993

7.02

June 25, 1993

May 1993

7.08

May 25, 1993

April 1993

7.06

April 27, 1993

March 1993

7.17

March 26, 1993

February 1993

7.28

February 26, 1993

January 1993

7.49

 

Announcement DateIndex Month Index Value

January 27, 1993

December 1992

7.53

December 24, 1992

November 1992

7.49

November 30, 1992

October 1992

7.40

October 27, 1992

September 1992

7.44

September 25, 1992

August 1992

7.58

August 24, 1992

July 1992

7.78

July 27, 1992

June 1992

8.04

June 26, 1992

May 1992

8.20

May 26, 1992

April 1992

8.26

April 27, 1992

March 1992

8.14

March 26, 1992

February 1992

8.15

February 25, 1992

January 1992

8.02

 

Announcement DateIndex Month Index Value

January 24, 1992

December 1991

8.25

December 24, 1991

November 1991

8.43

November 21, 1991

October 1991

8.78

October 18, 1991

September 1991

8.93

September 23, 1991

August 1991

9.10

August 21, 1991

July 1991

9.12

July 17, 1991

June 1991

9.12

June 21, 1991

May 1991

9.23

May 17, 1991

April 1991

9.24

April 17, 1991

March 1991

9.26

March 15, 1991

February 1991

9.49

February 21, 1991

January 1991

9.54

 

Announcement DateIndex Month Index Value

January 18, 1991

December 1990

9.58

December 17, 1990

November 1990

9.69

November 15, 1990

October 1990

9.67

October 16, 1990

September 1990

9.70

September 14, 1990

August 1990

9.70

August 15, 1990

July 1990

9.85

July 18, 1990

June 1990

9.85

June 15, 1990

May 1990

9.83

May 16, 1990

April 1990

9.82

April 16, 1990

March 1990

9.74

March 15, 1990

February 1990

9.74

February 15, 1990

January 1990

9.68

 

Announcement DateIndex Month Index Value

January 16, 1990

December 1989

9.69

December 18, 1989

November 1989

9.80

November 16, 1989

October 1989

9.86

October 16, 1989

September 1989

9.82

September 15, 1989

August 1989

9.81

August 15, 1989

July 1989

10.10

July 14, 1989

June 1989

10.27

June 13, 1989

May 1989

10.13

May 15, 1989

April 1989

9.76

April 14, 1989

March 1989

9.62

March 15, 1989

February 1989

9.44

February 15, 1989

January 1989

9.31

 

Announcement DateIndex Month Index Value

January 17, 1989

December 1988

9.31

December 13, 1988

November 1988

9.16

November 16, 1988

October 1988

9.11

October 14, 1988

September 1988

8.98

September 15, 1988

August 1988

9.00

August 15, 1988

July 1988

8.98

July 15, 1988

June 1988

8.98

June 15, 1988

May 1988

8.90

May 16, 1988

April 1988

8.93

April 15, 1988

March 1988

8.84

March 15, 1988

February 1988

8.84

February 16, 1988

January 1988

8.92

 

Announcement DateIndex Month Index Value

January 15, 1988

December 1987

8.86

December 15, 1987

November 1987

8.89

November 13, 1987

October 1987

8.86

October 15, 1987

September 1987

8.91

September 11, 1987

August 1987

9.05

August 14, 1987

July 1987

9.05

July 15, 1987

June 1987

9.02

June 15, 1987

May 1987

8.93

May 15, 1987

April 1987

8.79

April 15, 1987

March 1987

8.80

March 13, 1987

February 1987

8.89

February 12, 1987

January 1987

9.19

 

Announcement DateIndex Month Index Value

January 13, 1987

December 1986

9.29

December 12, 1986

November 1986

9.48

November 12, 1986

October 1986

9.59

October 14, 1986

September 1986

9.71

September 11, 1986

August 1986

9.88

August 11, 1986

July 1986

9.88

July 11, 1986

June 1986

9.83

June 11, 1986

May 1986

9.80

May 12, 1986

April 1986

10.00

April 10, 1986

March 1986

10.24

March 12, 1986

February 1986

10.46

February 10, 1986

January 1986

10.40

 

Announcement DateIndex Month Index Value

January 13, 1986

December 1985

10.70

December 12, 1985

November 1985

10.80

November 13, 1985

October 1985

10.86

October 11, 1985

September 1985

10.76

September 13, 1985

August 1985

10.87

August 12, 1985

July 1985

11.02

July 12, 1985

June 1985

11.29

June 11, 1985

May 1985

11.62

May 10, 1985

April 1985

11.62

April 10, 1985

March 1985

11.72

March 13, 1985

February 1985

11.90

February 11, 1985

January 1985

12.09

 

Announcement DateIndex Month Index Value

January 14, 1985

December 1984

12.26

December 11, 1984

November 1984

12.38

November 15, 1984

October 1984

12.52

October 11, 1984

September 1984

12.43

September 12, 1984

August 1984

12.24

August 10, 1984

July 1984

12.03

July 12, 1984

June 1984

11.79

June 11, 1984

May 1984

11.63

May 11, 1984

April 1984

11.61

April 11, 1984

March 1984

11.69

March 13, 1984

February 1984

11.73

February 10, 1984

January 1984

11.70

 

Announcement DateIndex Month Index Value

January 13, 1984

December 1983

11.94

December 12, 1983

November 1983

12.11

November 15, 1983

October 1983

12.19

October 17, 1983

September 1983

12.38

September 13, 1983

August 1983

12.25

August 11, 1983

July 1983

12.18

July 13, 1983

June 1983

12.21

June 14, 1983

May 1983

12.36

May 13, 1983

April 1983

12.42

April 12, 1983

March 1983

12.61

March 14, 1983

February 1983

12.88

February 11, 1983

January 1983

13.04

 

Announcement DateIndex Month Index Value

January 12, 1983

December 1982

13.44

December 14, 1982

November 1982

13.74

November 13, 1982

October 1982

14.37

October 13, 1982

September 1982

14.71

September 13, 1982

August 1982

15.03

August 12, 1982

July 1982

14.96

July 13, 1982

June 1982

15.01

June 11, 1982

May 1982

15.57

May 12, 1982

April 1982

15.39

April 12, 1982

March 1982

15.07

March 12, 1982

February 1982

15.22

February 12, 1982

January 1982

15.37

 

Announcement DateIndex Month Index Value

January 12, 1982

December 1981

15.53

December 14, 1981

November 1981

15.80

November 12, 1981

October 1981

15.47

October 13, 1981

September 1981

15.38

September 14, 1981

August 1981

15.03

August 12, 1981

July 1981

14.77

July 13, 1981

June 1981

14.40

June 10, 1981

May 1981

14.19

May 12, 1981

April 1981

13.99

April 10, 1981

March 1981

13.91

March 12, 1981

February 1981

13.73

February 11, 1981

January 1981

13.24

 

Announcement DateIndex Month Index Value

January 13, 1981

December 1980

13.15

December 11, 1980

November 1980

12.85

November 10, 1980

October 1980

12.31

October 10, 1980

September 1980

12.00

September 11, 1980

August 1980

11.89

August 11, 1980

July 1980

12.23

July 11, 1980

June 1980

12.88

June 11, 1980

May 1980

13.74

May 21, 1980

April 1980

13.21

May 7, 1980

March 1980

12.56

April 7, 1980

February 1980

12.30

April 3, 1980

January 1980

11.78

 

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