Median mortgage rate in the U.S. 2019-2023, by race

Published by Statista Research Department, Feb 28, 2024

The median mortgage rate was the highest among Black and Hispanic mortgage applicants in the third quarter of 2023, followed closely by White applicants. Asian mortgage applicants for conventional conforming loans had lower interest rate, amounting to 6.63 percent.

Median mortgage rate in the United States from 1st quarter 2019 to 3rd quarter 2023, by race

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Release date

February 2024

Region

United States

Survey time period

Q1 2019 to Q3 2023

Supplementary notes

Median interest rates for conventional conforming loans based on mortgage applications.

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