What will be the weekly average interest rate for 30-year fixed rate mortgages in the US for the week ending 26 December 2024?
Started
Aug 30, 2024 05:00PM UTC
Closing Dec 26, 2024 08:01AM UTC
Closing Dec 26, 2024 08:01AM UTC
As interest rate cut expectations rise, mortgage rates have begun to fall (CBS News). The question will be suspended 25 December 2024 and the outcome determined using Freddie Mac 30-year fixed rate mortgage average data as reported by the Federal Reserve Economic Data (FRED) database (FRED). For the week ending 22 August 2024, the weekly average interest rate for 30-year fixed-rate mortgages in the US was 6.46%.
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| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week | Change in last month |
|---|---|---|---|---|
| Less than 4.40% | 0% | 0% | -1.00% | 0% |
| At least 4.40%, but less than 4.80% | 0% | 0% | 0% | 0% |
| At least 4.80%, but less than 5.20% | 0% | 0% | 0% | 0% |
| At least 5.20%, but less than 5.60% | 0% | 0% | 0% | 0% |
| At least 5.60%, but less than 6.00% | 0% | 0% | 0% | -4.00% |
| At least 6.00%, but less than 6.40% | 5.90% | +2.90% | -7.10% | -10.10% |
| At least 6.40%, but less than 6.80% | 70.80% | -2.20% | -2.20% | +23.80% |
| At least 6.80%, but less than 7.20% | 22.40% | -0.60% | +9.40% | -7.60% |
| 7.20% or more | 0.90% | -0.10% | +0.90% | -2.10% |