US 30 Year Mortgage Rates

Feb 5, 2016 | Usa | Chart

This morning I was reading on the news how the "Average 30-year mortgage rate falls for a 5th straight week" (3.72%)>. I was checking if the data was available to double check this headline. Fortunately the Federal Reserve Bank of St. Louis offers this data set on their website. It's called MORTGAGE30US and the data goes back all the way to 1971.

Looking at the data it's true that the 30-year mortgage rate has been falling during the last couple of weeks. Nevertheless it's not the lowest point in the graph. Actually last year, around the same time it was even lower (3.59%):