Table Data - Large Bank Consumer Mortgage Originations: Average Interest Rate at Origination by Credit Score - 30-YR Fixed Rate Mortgage: <680 Credit Score
| Title | Large Bank Consumer Mortgage Originations: Average Interest Rate at Origination by Credit Score - 30-YR Fixed Rate Mortgage: <680 Credit Score |
|---|---|
| Series ID | RCMFLRIGIRAPCTF30SLT680 |
| 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 2025-04-01 |
| Last Updated | 2025-10-17 8:55 PM CDT |
| Notes | The average interest rate at origination for 30-year fixed rate mortgages with a borrower with a credit score less than 680 at the time of origination. For more detail see the methodology. |
| DATE | VALUE |
|---|---|
| 2012-07-01 | 4.20 |
| 2012-10-01 | 3.98 |
| 2013-01-01 | 3.98 |
| 2013-04-01 | 4.03 |
| 2013-07-01 | 4.48 |
| 2013-10-01 | 4.81 |
| 2014-01-01 | 4.80 |
| 2014-04-01 | 4.81 |
| 2014-07-01 | 4.67 |
| 2014-10-01 | 4.64 |
| 2015-01-01 | 4.38 |
| 2015-04-01 | 4.33 |
| 2015-07-01 | 4.48 |
| 2015-10-01 | 4.44 |
| 2016-01-01 | 4.47 |
| 2016-04-01 | 4.33 |
| 2016-07-01 | 4.22 |
| 2016-10-01 | 4.19 |
| 2017-01-01 | 4.62 |
| 2017-04-01 | 4.74 |
| 2017-07-01 | 4.63 |
| 2017-10-01 | 4.59 |
| 2018-01-01 | 4.77 |
| 2018-04-01 | 5.16 |
| 2018-07-01 | 5.27 |
| 2018-10-01 | 5.45 |
| 2019-01-01 | 5.26 |
| 2019-04-01 | 4.85 |
| 2019-07-01 | 4.54 |
| 2019-10-01 | 4.36 |
| 2020-01-01 | 4.30 |
| 2020-04-01 | 3.88 |
| 2020-07-01 | 3.56 |
| 2020-10-01 | 3.23 |
| 2021-01-01 | 3.12 |
| 2021-04-01 | 3.45 |
| 2021-07-01 | 3.49 |
| 2021-10-01 | 3.49 |
| 2022-01-01 | 3.84 |
| 2022-04-01 | 4.88 |
| 2022-07-01 | 5.79 |
| 2022-10-01 | 6.48 |
| 2023-01-01 | 6.57 |
| 2023-04-01 | 6.49 |
| 2023-07-01 | 6.96 |
| 2023-10-01 | 7.35 |
| 2024-01-01 | 7.06 |
| 2024-04-01 | 7.15 |
| 2024-07-01 | 7.05 |
| 2024-10-01 | 6.72 |
| 2025-01-01 | 7.23 |
| 2025-04-01 | 7.14 |