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Market Commentary 30777
February, 2019 Data:
12 MONTH FORECAST
The 12 month forecast for the 30 Year Mortgage Interest Rate is in the table at
the top of this page. Forecast-Chart.com is forecasting that 30 Year Mortgage
Interest Rates will be roughly 4.39% in one year. The table shows a HDTFA of
0.48% which suggests that the March, 2020 rate could easily fall between
4.87% and 3.91%. Forecasts for many other interest rates may be found by
clicking INTEREST RATE FORECAST at the top of this page.
5 YEAR FORECAST
Will the 30 Year Mortgage Interest Rate be higher or lower 5 years from now?
Look at the table immediately below this paragraph. Forecast-Chart.com is
forecasting a probability of 15.8% that the 30 Year Mortgage Interest Rate will
be higher in 5 years. The table shows a probability of 84.2% that the rate will be
lower in 5 years. (February, 2024 rate compared to the February, 2019 rate).
45 YEARS of historical data were use to calculate probabilities for
Forecast-Chart.com's 5 Year Forecast. Check this page each month for
updates to the 5 Year Forecast for the 30 Year Mortgage Interest Rate. The
forecast may change substantially as a result of movement in the indicators
used in the forecasting model.
Forecast Probability
Up 15.8%
Down 84.2%
Unchanged 0%
5 YEAR FORECAST: Various Rates
In 5 years, how high or how low is the 30 Year Mortgage Interest Rate likely to
be?
The first line of the table below indicates that the probability of 30 Year
Mortgage Interest Rates being ABOVE 4.57% in February, 2024 is 9%. The
probability of 30 Year Mortgage Interest Rates being BELOW 4.57% in
February, 2024 is 91%. Probabilities for various other rates are shown as well.
Rate Above Below
4.57% 9% 91%
4.35% 16% 84%
4.13% 21% 79%
3.92% 33% 67%
3.70% 54% 46%
3.48% 66% 34%
3.26% 77% 23%
3.05% 87% 13%
HISTORICAL 30 YEAR MORTGAGE INTEREST RATE
Average (Last 12 Months) 4.58%.
Average (Last 10 Years) 4.19%
High (Last 12 Months) 4.86% (October, 2018)
Low (Last 12 Months) 4.35% (February, 2019)
High (Since January, 1964) 18.44% (October, 1981)
Low (Since January, 1964) 3.32% (November, 2012)
MONTHLY 30 YEAR MORTGAGE INTEREST RATE
Mar, 2018 4.44%
Apr, 2018 4.58%
May, 2018 4.56%
Jun, 2018 4.55%
Jul, 2018 4.54%
Aug, 2018 4.52%
Sep, 2018 4.72%
Oct, 2018 4.86%
Nov, 2018 4.81%
Dec, 2018 4.55%
Jan, 2019 4.46%
Feb, 2019 4.35%
HIGHLIGHTS
The 30 Year Mortgage Interest Rate for February, 2019 averaged 4.35%.
That's 11 basis points lower than the January, 2019 rate of 4.46%, and 5 basis
points lower than the February, 2018 rate of 4.4%. The fall in rates from
January to February indicates that the short term rate trend has been down. If
that market trend continues, we should see an average daily rate in March,
2019 that is close to 4.24%.
The average 30 Year Mortgage Interest Rate for the last 12 months was 4.58%.
The average rate over the last 10 years was 4.19%. Higher rates over the last
12 months compared to the average rates over the last 10 years serve as an
indicator that the long term rate trend in 30 Year Mortgage Interest Rates is up.
The highest annual rate over the last 12 months was 4.86%. The lowest was
4.35%. The high annual rate was attained in October, 2018. The market low
was achieved in February, 2019.
Forecast-Chart.com's historical research covers 30 Year Mortgage Interest
Rate data back to January, 1964. The average annual rate during that period
of history was 7.92%. The highest rate was 18.44%. The lowest rate was
3.32%. The market high was attained in October of 1981. The market low was
achieved in November of 2012. Recent rates experienced in February of 2019
are low relative to the historical 7.92% average.
This page provides a five year chart and a forecast for 30 Year Mortgage
Interest Rates. For links to longer term charts, look at the links under the five
year chart (above). One link opens a ten year chart. Another opens our longest
term graph on 30 Year Mortgage Interest Rates. Just one glance at our long
term charts can provide tremendous insight into the historical trends of the
financial markets. The data table above presents the history of the 30 Year
Mortgage Interest Rate in numerical format.
Data Source: Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United
States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St.
Louis; https://fred.stlouisfed.org/series/MORTGAGE30US
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
February, 2019 Data:
12 MONTH FORECAST
The 12 month forecast for the 30 Year Mortgage Interest Rate is in the table at
the top of this page. Forecast-Chart.com is forecasting that 30 Year Mortgage
Interest Rates will be roughly 4.39% in one year. The table shows a HDTFA of
0.48% which suggests that the March, 2020 rate could easily fall between
4.87% and 3.91%. Forecasts for many other interest rates may be found by
clicking INTEREST RATE FORECAST at the top of this page.
5 YEAR FORECAST
Will the 30 Year Mortgage Interest Rate be higher or lower 5 years from now?
Look at the table immediately below this paragraph. Forecast-Chart.com is
forecasting a probability of 15.8% that the 30 Year Mortgage Interest Rate will
be higher in 5 years. The table shows a probability of 84.2% that the rate will be
lower in 5 years. (February, 2024 rate compared to the February, 2019 rate).
45 YEARS of historical data were use to calculate probabilities for
Forecast-Chart.com's 5 Year Forecast. Check this page each month for
updates to the 5 Year Forecast for the 30 Year Mortgage Interest Rate. The
forecast may change substantially as a result of movement in the indicators
used in the forecasting model.
Forecast Probability
Up 15.8%
Down 84.2%
Unchanged 0%
5 YEAR FORECAST: Various Rates
In 5 years, how high or how low is the 30 Year Mortgage Interest Rate likely to
be?
The first line of the table below indicates that the probability of 30 Year
Mortgage Interest Rates being ABOVE 4.57% in February, 2024 is 9%. The
probability of 30 Year Mortgage Interest Rates being BELOW 4.57% in
February, 2024 is 91%. Probabilities for various other rates are shown as well.
Rate Above Below
4.57% 9% 91%
4.35% 16% 84%
4.13% 21% 79%
3.92% 33% 67%
3.70% 54% 46%
3.48% 66% 34%
3.26% 77% 23%
3.05% 87% 13%
HISTORICAL 30 YEAR MORTGAGE INTEREST RATE
Average (Last 12 Months) 4.58%.
Average (Last 10 Years) 4.19%
High (Last 12 Months) 4.86% (October, 2018)
Low (Last 12 Months) 4.35% (February, 2019)
High (Since January, 1964) 18.44% (October, 1981)
Low (Since January, 1964) 3.32% (November, 2012)
MONTHLY 30 YEAR MORTGAGE INTEREST RATE
Mar, 2018 4.44%
Apr, 2018 4.58%
May, 2018 4.56%
Jun, 2018 4.55%
Jul, 2018 4.54%
Aug, 2018 4.52%
Sep, 2018 4.72%
Oct, 2018 4.86%
Nov, 2018 4.81%
Dec, 2018 4.55%
Jan, 2019 4.46%
Feb, 2019 4.35%
HIGHLIGHTS
The 30 Year Mortgage Interest Rate for February, 2019 averaged 4.35%.
That's 11 basis points lower than the January, 2019 rate of 4.46%, and 5 basis
points lower than the February, 2018 rate of 4.4%. The fall in rates from
January to February indicates that the short term rate trend has been down. If
that market trend continues, we should see an average daily rate in March,
2019 that is close to 4.24%.
The average 30 Year Mortgage Interest Rate for the last 12 months was 4.58%.
The average rate over the last 10 years was 4.19%. Higher rates over the last
12 months compared to the average rates over the last 10 years serve as an
indicator that the long term rate trend in 30 Year Mortgage Interest Rates is up.
The highest annual rate over the last 12 months was 4.86%. The lowest was
4.35%. The high annual rate was attained in October, 2018. The market low
was achieved in February, 2019.
Forecast-Chart.com's historical research covers 30 Year Mortgage Interest
Rate data back to January, 1964. The average annual rate during that period
of history was 7.92%. The highest rate was 18.44%. The lowest rate was
3.32%. The market high was attained in October of 1981. The market low was
achieved in November of 2012. Recent rates experienced in February of 2019
are low relative to the historical 7.92% average.
This page provides a five year chart and a forecast for 30 Year Mortgage
Interest Rates. For links to longer term charts, look at the links under the five
year chart (above). One link opens a ten year chart. Another opens our longest
term graph on 30 Year Mortgage Interest Rates. Just one glance at our long
term charts can provide tremendous insight into the historical trends of the
financial markets. The data table above presents the history of the 30 Year
Mortgage Interest Rate in numerical format.
Data Source: Freddie Mac, 30-Year Fixed Rate Mortgage Average in the United
States [MORTGAGE30US], retrieved from FRED, Federal Reserve Bank of St.
Louis; https://fred.stlouisfed.org/series/MORTGAGE30US
SignalTrend Inc. 2008 - 2019; All rights reserved.
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
Average daily rate per month for 30 year fixed mortgage rates is shown in gray. Source: Freddie Mac.
The forecast for the target month is shown in green.
The forecast for the target month is shown in green.
| 30 Year Mortgage Rates - 5 Year History |
| 4.0% |
| 5.0% |
| 6.0% |
| 30 Year Mortgage Rate Forecast Compare US Interest Rates |
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| 2.0% |
Current Analysis & Forecast: 30 Year Mortgage Rates
| 3.0% |
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