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Charlie Bilello, chief market strategist at Creative Planning, reports that the average 30-year mortgage rate in the U.S. stands at 6.58 percent, marking the highest level since August 2025.
According to Bilello, rates have fluctuated over the decades, with averages of 8.9 percent in the 1970s, 12.7 percent in the 1980s, 8.1 percent in the 1990s, 6.3 percent in the 2000s, 4.1 percent in the 2010s, and 5.3 percent in the 2020s. The all-time low was recorded at 2.65 percent in January 2021, while the peak for 2023 was 7.79 percent in October.
Bilello has also tracked other key financial trends. He recently reported that U.S. national debt rose by $3.2 trillion in a single year following persistent deficits. In another analysis, he noted that U.S. sports betting wagers climbed from $6.6 billion in 2018 to $165 billion in 2025.