What will be the weekly average interest rate for 30-year fixed rate mortgages in the US for the week ending 27 March 2025?
Closed Mar 27, 2025 07:01AM (13 days ago)
As interest rate cut expectations have waned, mortgage rates have begun to rise again in the wake of Trump's reelection (CNBC, USA Today). The question will be suspended 26 March 2025 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 21 November 2024, the weekly average interest rate for 30-year fixed-rate mortgages in the US was 6.84%.
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The question closed "At least 6.40%, but less than 6.75%" with a closing date of 27 March 2025.
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Possible Answer | Correct? | Final Crowd Forecast |
---|---|---|
Less than 5.00% | 0% | |
At least 5.00%, but less than 5.35% | 0% | |
At least 5.35%, but less than 5.70% | 0% | |
At least 5.70%, but less than 6.05% | 0% | |
At least 6.05%, but less than 6.40% | 1% | |
At least 6.40%, but less than 6.75% | 83% | |
At least 6.75%, but less than 7.10% | 16% | |
At least 7.10%, but less than 7.45% | 0% | |
At least 7.45%, but less than 7.80% | 0% | |
7.80% or more | 0% |
Crowd Forecast Profile
Participation Level | |
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Number of Forecasters | 62 |
Average for questions in their first 6 months: 153 | |
Number of Forecasts | 328 |
Average for questions in their first 6 months: 408 |
Accuracy | |
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Participants in this question vs. all forecasters | average |