30-Year Fixed Rate Conforming Mortgage Index: Loan-to-Value Greater Than 80, FICO Score Between 680 and 699

OBMMIC30YFLVGT80FB680A699 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.77

Year-over-Year Change

-2.63%

Date Range

10/12/2021 - 8/11/2025

Summary

This economic indicator tracks the average 30-year fixed mortgage rates for conforming loans with specific credit and loan characteristics. It provides critical insight into residential lending conditions for borrowers with moderate credit profiles.

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 pricing for borrowers with FICO scores between 680-699 and loan-to-value ratios exceeding 80%. Economists and financial analysts use this metric to understand credit market dynamics and lending risk assessment.

Methodology

Data is collected through comprehensive surveys of mortgage lenders, aggregating actual loan rate offerings for specific borrower segments.

Historical Context

This trend is used by policymakers, financial institutions, and researchers to analyze housing market accessibility and credit market health.

Key Facts

  • Represents mortgage rates for borrowers with moderate credit scores
  • Includes loans with over 80% loan-to-value ratio
  • Provides insight into lending conditions for average homebuyers

FAQs

Q: What does this mortgage index indicate?

A: It shows average 30-year fixed mortgage rates for borrowers with FICO scores between 680-699 and loan-to-value ratios over 80%.

Q: Why are these mortgage rates important?

A: These rates help understand credit market conditions and lending accessibility for typical homebuyers with moderate credit profiles.

Q: How often is this data updated?

A: The Federal Reserve typically updates this index monthly, providing current insights into mortgage lending trends.

Q: How do lenders use this index?

A: Lenders reference this index to benchmark their own mortgage pricing and assess market-standard rates for specific borrower segments.

Q: What are the limitations of this index?

A: The index represents an average and does not account for individual lender variations or specific borrower circumstances.

Related Trends

Citation

U.S. Federal Reserve, 30-Year Fixed Rate Conforming Mortgage Index: Loan-to-Value Greater Than 80, FICO Score Between 680 and 699 [OBMMIC30YFLVGT80FB680A699], retrieved from FRED.

Last Checked: 8/1/2025