Federal Reserve Economic Data

Table Data - Large Bank Consumer Mortgage Originations: Average Interest Rate at Origination by Credit Score - 30-YR Fixed Rate Mortgage: >=740 Credit Score

Title Large Bank Consumer Mortgage Originations: Average Interest Rate at Origination by Credit Score - 30-YR Fixed Rate Mortgage: >=740 Credit Score
Series ID RCMFLRIGIRAPCTF30SGTE740
Source Federal Reserve Bank of Philadelphia
Release FR Y-14M Large Bank Credit Card and Mortgage Data
Seasonal Adjustment Not Seasonally Adjusted
Frequency Quarterly, End of Quarter
Units Percent
Date Range 2012-07-01 to 2025-07-01
Last Updated 2026-01-21 2:02 PM CST
Notes The average interest rate at origination for 30-year fixed rate mortgages with a borrower with a credit score greater than or equal to 740 at the time of origination.

For more detail see the methodology.
DATE VALUE
2012-07-01 3.99
2012-10-01 3.78
2013-01-01 3.72
2013-04-01 3.67
2013-07-01 4.19
2013-10-01 4.53
2014-01-01 4.54
2014-04-01 4.45
2014-07-01 4.30
2014-10-01 4.34
2015-01-01 3.96
2015-04-01 3.92
2015-07-01 4.09
2015-10-01 4.03
2016-01-01 4.01
2016-04-01 3.82
2016-07-01 3.70
2016-10-01 3.69
2017-01-01 4.16
2017-04-01 4.22
2017-07-01 4.07
2017-10-01 4.04
2018-01-01 4.23
2018-04-01 4.59
2018-07-01 4.68
2018-10-01 4.84
2019-01-01 4.65
2019-04-01 4.27
2019-07-01 3.94
2019-10-01 3.79
2020-01-01 3.74
2020-04-01 3.39
2020-07-01 3.14
2020-10-01 2.92
2021-01-01 2.83
2021-04-01 3.05
2021-07-01 3.26
2021-10-01 3.09
2022-01-01 3.47
2022-04-01 4.63
2022-07-01 5.31
2022-10-01 6.04
2023-01-01 6.19
2023-04-01 6.45
2023-07-01 6.76
2023-10-01 7.29
2024-01-01 6.73
2024-04-01 6.90
2024-07-01 6.72
2024-10-01 6.36
2025-01-01 6.77
2025-04-01 6.67
2025-07-01 6.65

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