Current Mortgage Rates - January 2022

Annual Average 30 Year Fixed-Rate Mortgage Rates

The average 30 year fixed mortgage rate decreased from 3.11% in 2020 to an annual average of 2.96% in 2021. January 2021 saw the lowest monthly rates of the year at 2.74% while December 2021 saw the highest monthly rates of the year at 3.10%. All indications point to rising mortgage interest rates in 2022.

Monthly data dating back to 1971 can be found here: https://www.freddiemac.com/pmms