30-Year Fixed Rate Conforming Mortgage Index: Loan-to-Value Less Than or Equal to 80, FICO Score Greater Than 740
This dataset tracks 30-year fixed rate conforming mortgage index: loan-to-value less than or equal to 80, fico score greater than 740 over time.
Latest Value
6.49
Year-over-Year Change
-2.13%
Date Range
1/3/2017 - 8/7/2025
Summary
This economic indicator tracks the 30-year fixed-rate mortgage interest rates for high-credit borrowers with substantial down payments. It provides critical insight into lending conditions and housing market affordability for prime borrowers.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The index represents mortgage rates for borrowers with excellent credit scores (over 740) and significant equity (loan-to-value ratio ≤ 80%). Economists use this metric to assess lending market health, credit accessibility, and potential housing sector dynamics.
Methodology
Data is collected through comprehensive surveys of mortgage lenders, aggregating current interest rates for specific borrower credit and down payment profiles.
Historical Context
Policymakers and financial analysts use this index to understand credit market conditions, potential economic stimulus effects, and residential real estate investment trends.
Key Facts
- Represents mortgage rates for top-tier borrowers with high credit scores
- Indicates lending market conditions for most financially stable borrowers
- Provides insight into potential housing market investment trends
FAQs
Q: What does this mortgage index specifically measure?
A: It tracks 30-year fixed mortgage rates for borrowers with FICO scores above 740 and loan-to-value ratios of 80% or less.
Q: Why are these mortgage rates important?
A: These rates reflect lending conditions for the most creditworthy borrowers and can signal broader economic trends in housing and credit markets.
Q: How often is this data updated?
A: The index is typically updated weekly, providing current insights into mortgage lending conditions.
Q: How do these rates impact home buyers?
A: Lower rates in this index can indicate more favorable borrowing conditions for high-credit consumers looking to purchase homes.
Q: What limitations exist in this data?
A: The index only represents a specific borrower segment and does not reflect rates for all potential homebuyers.
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Citation
U.S. Federal Reserve, 30-Year Fixed Rate Conforming Mortgage Index: Loan-to-Value Less Than or Equal to 80, FICO Score Greater Than 740 [OBMMIC30YFLVLE80FGE740], retrieved from FRED.
Last Checked: 8/1/2025