Real Mortgage Rate

30-year mortgage rate minus trailing 12-month CPI inflation

3.38 pp68th percentile
1W: ↓ 0.00 pp1M: ↑ 0.45 pp

As of 2026-10-15 · Updated October 20, 2026

What it means

  • The 30-year mortgage rate after subtracting the inflation rate over the past 12 months.
  • An estimate of the inflation-adjusted cost of a mortgage. Helps compare borrowing costs across periods with very different inflation environments.
  • Uses headline CPI year-over-year inflation as the inflation measure.
Data Sources