United States USD

United States MBA 30-Year Mortgage Rate

Impact:
Medium

Latest Release:

Date:
Actual:
6.98%
Forecast:
Previous/Revision:
6.92%
Period: May/23

Next Release:

Date:
Period: May/30
What Does It Measure?
The MBA 30-Year Mortgage Rate measures the average interest rate on 30-year fixed-rate mortgage loans for borrowers within the United States. This indicator primarily focuses on assessing mortgage financing conditions and the overall health of the housing market, reflecting the cost of borrowing for home purchases.
Frequency
The MBA 30-Year Mortgage Rate is released weekly, typically on Wednesdays, and it represents preliminary estimates for mortgage rates based on a sample of loan applications.
Why Do Traders Care?
Traders and investors closely monitor the MBA 30-Year Mortgage Rate because it significantly influences the housing market and broader economic activity, impacting consumer spending and lending practices. A higher-than-expected rate can be bearish for housing stocks and lead to currency fluctuations, while a lower-than-expected rate may signal an improving mortgage environment, bullish for related assets.
What Is It Derived From?
The MBA 30-Year Mortgage Rate is derived from a survey conducted by the Mortgage Bankers Association, which collects data from various mortgage lenders on the rates and terms of home financing loans. This computation uses a weighted average of rates across different lenders, ensuring that the resulting figure reflects current lending conditions accurately.
Description
The MBA 30-Year Mortgage Rate provides essential insights into lending costs and the housing market's status. While it helps gauge borrowers' affordability and market demand for homes, it can serve as an early indicator of economic trends, influenced by broader interest rate changes and Federal Reserve policies.
Additional Notes
This indicator is considered a leading economic measure since mortgage rates can significantly impact housing demand and consumer sentiment before more extensive economic changes are observed. The MBA 30-Year Mortgage Rate often correlates with other housing market indicators, such as home sales and housing starts, to provide a comprehensive view of real estate activity.
Bullish or Bearish for Currency and Stocks
Lower than expected: Bullish for USD, Bearish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number Better than forecast for the currency (or previous revise better)
Red Number Worse than forecast for the currency (or previous revise better)
Hawkish Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish Favors lower rates to boost growth, weakening the currency but lifting stocks.
Date Time Actual Forecast Previous Surprise
6.98%
6.92%
6.92%
6.86%
6.86%
6.84%
6.84%
6.89%
6.89%
6.9%
6.9%
6.81%
6.81%
6.61%
6.61%
6.7%
6.7%
6.71%
6.71%
6.72%
6.72%
6.67%
6.67%
6.73%
6.73%
6.88%
6.88%
6.93%
6.93%
6.95%
6.95%
6.97%
6.97%
7.02%
7.02%
7.02%
7.02%
7.09%
7.09%
6.99%
6.99%
6.97%
6.97%
6.75%
6.75%
6.67%
6.67%
6.69%
6.69%
6.86%
6.86%
6.9%
6.9%
6.86%
6.86%
6.81%
6.81%
6.73%
6.73%
6.52%
6.52%
6.52%
6.52%
6.36%
6.36%
6.14%
6.14%
6.13%
6.13%
6.15%
6.15%
6.29%
6.29%
6.43%
6.43%
6.44%
6.44%
6.5%
6.5%
6.54%
6.54%
6.55%
6.55%
6.82%
6.82%
6.82%
6.82%
6.87%
6.87%
7%
7%
7.03%
7.03%
6.93%
6.93%
6.94%
6.94%
7.02%
7.02%
7.07%
7.07%
7.05%
7.05%
7.01%
7.01%
7.08%
7.08%
7.18%
7.18%
7.29%
7.29%
7.24%
7.24%
7.13%
7.13%
7.01%
7.01%
6.91%
6.91%
6.93%
6.93%
6.97%
6.97%
6.84%
6.84%
7.02%
7.02%
7.04%
7.04%
7.06%
7.06%
6.87%
6.87%
6.8%
6.8%
6.78%
6.78%
6.78%
6.78%
6.75%
6.75%
6.81%
6.81%
6.76%
6.76%
6.83%
6.83%
7.07%
7.07%
7.17%
7.17%
7.37%
7.37%
7.41%
7.41%
7.61%
7.61%
7.61%
7.61%
7.86%
7.86%
7.9%
7.9%
7.7%
7.7%
7.67%
7.67%
7.53%
7.53%
7.41%
7.41%
7.31%
7.31%
7.27%
7.27%
7.21%
7.21%
7.31%
7.31%
7.31%
7.31%
7.16%
7.16%
7.09%
7.09%
6.93%
6.93%
6.87%
6.87%
6.87%
6.87%
7.07%
7.07%
6.85%
6.85%
6.75%
6.75%
6.73%
6.73%
6.77%
6.77%
6.81%
6.81%
6.91%
6.91%
6.69%
6.69%
6.57%
6.57%
6.48%
6.48%
6.5%
6.5%
6.55%
6.55%
6.43%
6.43%
6.3%
6.3%
6.4%
6.4%
6.45%
6.45%
6.48%
6.48%
6.71%
6.71%
6.79%
6.79%
6.71%
6.71%
6.62%
6.62%
6.39%
6.39%
6.18%
6.18%
6.19%
6.19%
6.2%
6.2%
6.23%
6.23%
6.42%
6.42%
6.58%
6.58%
6.34%
6.34%
6.42%
6.42%
6.41%
6.41%
6.49%
6.49%
6.67%
6.67%
6.9%
6.9%
7.14%
7.14%
7.06%
7.06%
7.16%
7.16%
6.94%
6.94%
6.81%
6.81%
6.75%
6.75%
6.52%
6.52%
6.25%
6.25%
6.01%
6.01%
5.94%
5.94%
5.8%
5.8%
5.65%
5.65%
5.45%
5.45%
5.47%
5.47%
5.43%
5.43%
5.74%
5.74%
5.82%
5.82%
5.74%
5.74%
5.74%
5.74%
5.84%
5.84%
5.98%
5.98%
5.65%
5.65%
5.4%
5.4%
5.33%
5.33%
5.46%
5.46%
5.49%
5.49%
5.53%
5.53%
5.36%
5.36%
5.37%
5.37%
5.2%
5.2%
5.13%
5.13%
4.9%
4.9%
4.8%
4.8%
4.5%
4.5%
4.27%
4.27%
4.09%
4.09%
4.15%
4.15%
4.06%
4.06%
4.05%
4.05%
3.83%
3.83%
3.78%
3.78%
3.72%
3.72%
3.64%
3.64%
3.52%
3.52%
3.33%
3.33%
3.27%
3.27%
3.3%
3.3%
3.3%
3.3%
3.31%
3.31%
3.24%
3.24%
3.2%
3.2%
3.16%
3.16%
3.24%
3.24%
3.3%
3.3%
3.23%
3.23%
3.18%
3.18%
3.14%
3.14%
3.1%
3.1%
3.03%
3.03%
3.03%
3.03%
3.03%
3.03%
3.03%
3.03%
3.03%
3.03%
3.06%
3.06%
2.99%
2.99%
2.97%
2.97%
3.01%
3.01%
3.11%
3.11%
3.09%
3.09%
3.15%
3.15%
3.2%
3.2%
3.18%
3.18%
3.11%
3.11%
3.15%
3.15%
3.17%
3.17%
3.18%
3.18%
3.15%
3.15%
3.11%
3.11%
3.18%
3.18%
3.17%
3.17%
3.2%
3.2%
3.27%
3.27%
3.36%
3.36%
3.33%
3.33%
3.36%
3.36%
3.28%
3.28%
3.26%
3.26%
3.23%
3.23%
3.08%
3.08%
2.98%
2.98%
2.96%
2.96%
2.92%
2.92%
2.95%
2.95%
2.92%
2.92%
2.88%
2.88%
2.86%
2.9%
2.86%
2.86%
2.9%
2.86%
2.85%
2.85%
2.9%
2.9%
2.92%
2.92%
2.92%
2.92%
2.99%
2.99%
2.98%
2.98%
3.01%
3.01%
3%
3%
3.02%
3.02%
3%
3%
3.01%
3.01%
3.05%
3.05%
3.1%
3.1%
3.07%
3.07%
3.07%
3.07%
3.08%
3.08%
3.11%
3.11%
3.13%
3.13%
3.06%
3.06%
3.14%
3.14%
3.2%
3.2%
3.2%
3.2%
3.19%
3.19%
3.26%
3.26%
3.29%
3.29%
3.3%
3.3%
3.3%
3.3%
3.38%
3.38%
3.37%
3.37%
3.42%
3.42%
3.41%
3.41%
3.43%
3.43%
3.4%
3.4%
3.43%
3.43%
3.45%
3.45%
3.45%
3.45%
3.49%
3.49%
3.47%
3.47%
3.82%
3.82%
3.74%
3.74%
3.47%
3.47%
3.57%
3.57%
3.73%
3.73%
3.77%
3.77%
3.72%
3.72%
3.71%
3.71%
3.81%
3.81%
3.87%
3.87%
3.87%
3.87%
3.91%
3.95%
3.99%
3.91%
3.95%
3.99%
3.98%
3.98%
3.98%
3.98%
3.97%
3.97%
3.97%
3.97%
3.99%
3.99%
4.03%
4.03%
3.98%
3.98%
4.05%
4.05%
4.02%
4.02%
3.92%
3.92%
3.9%
3.9%
3.99%
3.99%
4.02%
4.02%
4.01%
4.01%
3.82%
3.82%
3.87%
3.87%
3.94%
3.94%
3.9%
3.9%
3.93%
3.93%
4.01%
4.01%
4.08%
4.08%
4.08%
4.08%
4.12%
4.12%
4.04%
4.04%
4.07%
4.07%
4.06%
4.06%
4.14%
4.14%
4.12%
4.12%
4.23%
4.23%
4.33%
4.33%
4.33%
4.33%
4.4%
4.4%
4.41%
4.41%
4.42%
4.42%
4.46%
4.46%
4.44%
4.44%
4.4%
4.4%
4.36%
4.36%
4.45%
4.45%
4.55%
4.55%
4.64%
4.64%
4.67%
4.67%
4.65%
4.65%
4.66%
4.66%
4.65%
4.65%
4.69%
4.69%
4.76%
4.76%
4.75%
4.75%
4.74%
4.74%
4.74%
4.74%
4.84%
4.84%
4.94%
4.94%
4.98%
4.96%
-0.04%
4.96%
4.98%
5.08%
-0.02%
5.08%
4.98%
5.12%
0.1%
5.12%
4.98%
5.16%
0.14%
5.16%
4.98%
5.17%
0.18%
5.17%
5.15%
5.15%
0.02%
5.15%
4.98%
5.11%
0.17%
5.11%
4.98%
5.11%
0.13%
5.11%
4.98%
5.1%
0.13%
5.1%
4.98%
5.05%
0.12%
5.05%
4.98%
4.96%
0.07%
4.96%
4.97%
4.97%
-0.01%
4.97%
4.8%
4.88%
0.17%
4.88%
4.8%
4.84%
0.08%
4.84%
4.8%
4.8%
0.04%
4.8%
4.78%
4.78%
0.02%
4.78%
4.81%
4.81%
-0.03%
4.81%
4.84%
4.81%
-0.03%
4.81%
4.84%
4.84%
-0.03%
4.84%
4.84%
4.84%
4.84%
4.77%
4.77%
0.07%
4.77%
4.77%
4.77%
4.77%
4.76%
4.76%
0.01%
4.76%
4.8%
4.79%
-0.04%
4.79%
4.84%
4.84%
-0.05%
4.84%
4.82%
4.83%
0.02%
4.83%
4.82%
4.83%
0.01%
4.83%
4.76%
4.75%
0.07%
4.75%
4.84%
4.84%
-0.09%
4.84%
4.85%
4.86%
-0.01%
4.86%
4.78%
4.77%
0.08%
4.77%
4.69%
4.78%
0.08%
4.78%
4.69%
4.8%
0.09%
4.8%
4.69%
4.73%
0.11%
4.73%
4.69%
4.66%
0.04%
4.66%
4.69%
4.66%
-0.03%
4.66%
4.69%
4.69%
-0.03%
4.69%
4.69%
4.69%
4.69%
4.67%
4.68%
0.02%
4.68%
4.69%
4.69%
-0.01%
4.69%
4.65%
4.65%
0.04%
4.65%
4.65%
4.64%
4.64%
4.65%
4.64%
-0.01%
4.64%
4.57%
4.57%
0.07%
4.57%
4.5%
4.5%
0.07%
4.5%
4.42%
4.41%
0.08%
4.41%
4.36%
4.36%
0.05%
4.36%
4.32%
4.33%
0.04%
4.33%
4.26%
4.23%
0.07%
4.23%
4.25%
4.25%
-0.02%
4.25%
4.17%
4.25%
0.08%
4.25%
4.17%
4.16%
0.08%
4.16%
4.11%
4.2%
0.05%
4.2%
4.11%
4.19%
0.09%
4.19%
4.11%
4.2%
0.08%
4.2%
4.22%
4.2%
-0.02%
4.2%
4.11%
4.18%
0.09%
4.18%
4.11%
4.18%
0.07%
4.18%
4.11%
4.22%
0.07%
4.22%
4.11%
4.18%
0.11%
4.18%
4.11%
4.14%
0.07%
4.14%
4.11%
4.16%
0.03%
4.16%
4.11%
4.12%
0.05%
4.12%
4.11%
4.11%
0.01%
4.11%
4.11%
4.04%
4.04%
4.11%
4.03%
-0.07%
4.03%
4.11%
4.06%
-0.08%
4.06%
4.11%
4.11%
-0.05%
4.11%
4.17%
4.12%
-0.06%
4.12%
4.17%
4.12%
-0.05%
4.12%
4.17%
4.14%
-0.05%
4.14%
4.17%
4.17%
-0.03%
4.17%
4.17%
4.17%
4.17%
4.22%
4.22%
-0.05%
4.22%
4.22%
4.22%
4.22%
4.2%
4.2%
0.02%
4.2%
4.13%
4.13%
0.07%
4.13%
4.13%
4.13%
4.13%
4.13%
4.13%
4.13%
4.14%
4.14%
-0.01%
4.14%
4.17%
4.17%
-0.03%
4.17%
4.18%
4.17%
-0.01%
4.17%
4.23%
4.23%
-0.06%
4.23%
4.23%
4.23%
4.23%
4.23%
4.23%
4.23%
4.2%
4.2%
0.03%
4.2%
4.22%
4.22%
-0.02%
4.22%
4.29%
4.28%
-0.07%
4.28%
4.34%
4.34%
-0.06%
4.34%
4.34%
4.33%
4.33%
4.46%
4.46%
-0.13%
4.46%
4.45%
4.46%
0.01%
4.46%
4.35%
4.36%
0.11%
4.36%
4.31%
4.3%
0.05%
4.3%
4.36%
4.36%
-0.06%
4.36%
4.32%
4.32%
0.04%
4.32%
4.35%
4.35%
-0.03%
4.35%
4.39%
4.39%
-0.04%
4.39%
4.39%
4.35%
4.35%
4.29%
4.27%
0.06%
4.27%
4.32%
4.32%
4.4%
4.39%
-0.08%
4.39%
4.4%
4.45%
-0.01%
4.45%
4.4%
4.41%
0.05%
4.41%
4.28%
4.28%
0.13%
4.28%
4.29%
4.27%
-0.01%
4.27%
4.25%
4.23%
0.02%
4.23%
4.16%
4.16%
0.07%
4.16%
3.94%
3.95%
0.22%
3.95%
3.77%
3.77%
0.18%
3.77%
3.75%
3.75%
0.02%
3.75%
3.72%
3.71%
0.03%
3.71%
3.73%
3.73%
-0.02%
3.73%
3.67%
3.68%
0.06%
3.68%
3.63%
3.62%
0.05%
3.62%
3.67%
3.66%
-0.05%
3.66%
3.7%
3.7%
-0.04%
3.7%
3.68%
3.67%
0.02%
3.67%
3.68%
3.68%
-0.01%
3.68%
3.67%
3.67%
0.01%
3.67%
3.65%
3.67%
0.02%
3.67%
3.64%
3.64%
3.66%
3.65%
-0.02%
3.65%
3.69%
3.67%
-0.04%
3.67%
3.69%
3.69%
-0.02%
3.69%
3.64%
3.65%
0.05%
3.65%
3.61%
3.6%
0.04%
3.6%
3.66%
3.66%
-0.06%
3.66%
3.75%
3.75%
3.76%
3.76%
3.8%
3.79%
-0.04%
3.79%
3.84%
3.83%
-0.05%
3.83%
3.85%
3.85%
-0.02%
3.85%
3.85%
3.85%
3.85%
3.82%
3.82%
0.03%
3.82%
3.83%
3.82%
-0.01%
3.82%
3.88%
3.87%
-0.06%
3.87%
3.85%
3.85%
0.02%
3.85%
3.83%
3.83%
0.02%
3.83%
3.82%
3.82%
0.01%
3.82%
3.87%
3.86%
-0.05%
3.86%
3.95%
3.94%
-0.09%
3.94%
3.94%
3.93%
3.93%
3.94%
3.94%
-0.01%
3.94%
3.89%
3.89%
0.05%
3.89%
3.83%
3.83%
0.06%
3.83%
3.85%
3.85%
-0.02%
3.85%
3.84%
3.83%
0.01%
3.83%
3.92%
3.91%
-0.09%
3.91%
3.97%
3.97%
-0.06%
3.97%
4.02%
4.02%
-0.05%
4.02%
4.07%
4.06%
-0.05%
4.06%
4.13%
4.12%
-0.07%
4.12%
4.2%
4.2%
-0.08%
4.2%
4.17%
4.16%
0.03%
4.16%
4.14%
4.14%
0.02%
4.14%
4.13%
4.14%
0.01%
4.14%
4.13%
4.12%
0.01%
4.12%
4.16%
4.14%
-0.04%
4.14%
4.18%
4.18%
-0.04%
4.18%
4.13%
4.12%
0.05%
4.12%
4.01%
4.01%
0.11%
4.01%
3.98%
3.98%
0.03%
3.98%
3.95%
3.95%
0.03%
3.95%
3.99%
3.99%
3.99%
3.99%
4.08%
4.08%
4.09%
4.09%
4.09%
4.09%
4.1%
4.1%
4.08%
4.08%
4.08%
4.08%
4.11%
4.11%
4.13%
4.13%
4.13%
4.13%
4.11%
4.17%
0.02%
4.17%
4.25%
4.23%
-0.08%
4.23%
4.21%
4.23%
0.02%
4.23%
4.21%
4.23%
0.02%
4.23%
4.3%
4.26%
-0.07%
4.26%
4.21%
4.19%
0.05%
4.19%
4.27%
4.22%
-0.08%
4.22%
4.19%
4.17%
0.03%
4.17%
4.07%
4.02%
0.1%
4.02%
4.12%
4.07%
-0.1%
4.07%
4.04%
4.04%
4%
4%
3.93%
3.93%
3.85%