30 Year Mortgage Rates

30-year mortgage rates are generally determined by the 10-year Treasury bond rate because the mortgages are usually broken up into three 10-year tranches called mortgage-backed securities that are then repackaged and resold in the secondary market to hedge the risk of holding the original 30-year mortgage. A 30-year mortgage is the most common and conservative strategy for financing a home since the price is spread across 30 years. The average 30 Year Mortgage Rate was 2.86 as of the last reporting period September 16, 2021.

Stay Ahead of the Market with Advisor Tools.

See for yourself how our web-based terminal experience provides the analysis and insight you need—and go beyond with our future-focused tools for stock picking, screening, and charting, including the predictive power of the Zacks Rank.