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2014-11: 4.00 Percent (+ see more)
Monthly, Not Seasonally Adjusted, MORTG, Updated: 2014-12-01 3:41 PM CST
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Contract interest rates on commitments for fixed-rate first mortgages. Source: Primary Mortgage Market Survey data provided by Freddie Mac.

Copyright, 2014, Freddie Mac. Reprinted with permission.

Release: H.15 Selected Interest Rates

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Contract interest rates on commitments for fixed-rate first mortgages. Source: Primary Mortgage Market Survey data provided by Freddie Mac.

Copyright, 2014, Freddie Mac. Reprinted with permission.

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Use a formula to modify and combine data series into a single line. For example, invert an exchange rate a by using formula 1/a, or calculate the spread between 2 interest rates a and b by using formula a - b.

Use the assigned data series variables above (e.g. a, b, ...) together with operators {+, -, *, /, ^}, braces {(,)}, and constants {e.g. 2, 1.5} to create your own formula {e.g. 1/a, a-b, (a+b)/2, (a/(a+b+c))*100}. The default formula 'a' displays only the first data series added to this line. You may also add data series to this line before entering a formula.

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Suggested Citation
``` Board of Governors of the Federal Reserve System (US), 30-Year Conventional Mortgage Rate© [MORTG], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/MORTG/, December 22, 2014. ```

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