Historical Rates
Click the arrows on the left and the right to view the 504 loan interest rates over the years.
504 Loan Rate History
Note: 10-year bonds are sold every other month.
See the rates from the current year here, and check out the rates from past years below.
2021 Rates:
| Month | 20 Year Traditional | 20 Year Debt Refinance | 10 Year Traditional | 10 Year Debt Refinance | 25 Year Traditional | 25 Year Debt Refinance |
|---|---|---|---|---|---|---|
| January | 2.658% | 2.702% | 2.450% | N/A | 2.696% | 2.737% |
| February | 2.72% | 2.764% | N/A | N/A | 2.757% | 2.799% |
| March | 3.002% | 3.045% | 2.70% | N/A | 3.048% | 3.089% |
| April | 3.021% | 3.064% | N/A | N/A | 3.077% | 3.118% |
| May | 2.849% | 2.892% | 2.623% | 2.674% | 2.936% | 2.977% |
| June | 2.77% | 2.813% | N/A | N/A | 2.887% | 2.929% |
| July | 2.699% | 2.742% | 2.604% | 2.656% | 2.817% | 2.858% |
| August | 2.748% | 2.791% | N/A | N/A | 2.866% | 2.907% |
| September | 2.860% | 2.903% | 2.687% | 2.739% | 2.977% | 3.019% |
| October | 3.157% | 3.198% | N/A | N/A | 3.021% | 3.063% |
| November | 3.032% | 3.075% | 3.109% | 3.161% | 3.168% | 3.210% |
| December | 2.88% | 2.894% | N/A | N/A | 3.026% | 3.040% |
2022 Rates:
| Month | 20 Year Traditional | 20 Year Debt Refinance | 10 Year Traditional | 10 Year Debt Refinance | 25 Year Traditional | 25 Year Debt Refinance |
|---|---|---|---|---|---|---|
| January | 3.070% | 3.085% | 3.633% | 3.096% | 3.216% | 3.23% |
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2020 Rates:
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan | 25 Year Traditional Loan | 25 Year Debt Refinance Loan |
|---|---|---|---|---|---|---|
| January | 3.644% | 3.646% | 3.804% | N/A | 3.714% | 3.716% |
| February | 3.392% | 3.394% | N/A | N/A | 3.463% | 3.465% |
| March | 2.808% | 2.810% | 2.847% | 2.958% | 2.881% | 2.883% |
| April | 2.960% | 2.962% | N/A | N/A | 3.032% | 3.034% |
| May | 2.688% | 2.689% | 2.654% | N/A | 2.761% | 2.763% |
| June | 2.528% | 2.530% | N/A | N/A | 2.602% | 2.603% |
| July | 2.346% | 2.405% | 2.4% | 2.402% | 2.41% | 2.412% |
| August | 2.214% | 2.215% | N/A | N/A | 2.269% | 2.271% |
| September | 2.366% | 2.368% | 2.288% | 2.29% | 2.41% | 2.412% |
| October | 2.396% | 2.398% | N/A | N/A | 2.43% | 2.432% |
| November | 2.364% | 2.366% | 2.231% | 2.233% | 2.399% | 2.401% |
| December | 2.589% | 2.632% | N/A | N/A | 2.627% | 2.668% |
2019 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan | 25 Year Traditional Loan | 25 Year Debt Refinance Loan |
|---|---|---|---|---|---|---|
| January | 4.758% | 5.14% | 5.064% | 5.144% | 4.881% | 5.249% |
| February | 4.646% | 5.029% | 4.771% | 5.138% | ||
| March | 4.586% | 4.969% | 4.628% | N/A | 4.741% | 5.108% |
| April | 4.367% | 4.75% | 4.532% | 4.96% | ||
| May | 4.265% | 4.649% | 4.365% | 5.166% | 4.391% | 4.712% |
| June | 3.983% | 4.367% | 4.090% | 4.412% | ||
| July | 3.914% | 4.318% | 3.937% | 4.422% | 4.011% | 4.381% |
| August | 3.531% | 3.936% | 3.63% | 4.0% | ||
| September | 3.359% | 3.764% | 3.563% | 4.048% | 3.458% | 3.781% |
| October | 3.462% | 3.866% | 3.54% | 3.863% | ||
| November | 3.742% | 4.078% | 3.933% | 4.336% | 3.8% | 4.122% |
| December | 3.582% | 3.584% | 3.643% | N/A |
2018 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan | 25 Year Traditional Loan | 25 Year Debt Refinance Loan |
|---|---|---|---|---|---|---|
| January | 4.641% | 4.657% | ||||
| February | 4.94% | |||||
| March | 4.92% | 4.969% | 5.112% | 5.171% | ||
| April | 5.029% | 5.36% | ||||
| May | 5.222% | 5.270% | 5.298% | 5.356% | ||
| June | 5.32% | 5.369% | ||||
| July | 5.259% | 5.308% | 5.302% | 5.36% | 5.32% | |
| August | 5.301% | 5.350% | 5.351% | 5.398% | ||
| September | 5.25% | 5.298% | 5.252% | 5.332% | 5.29% | 5.337% |
| October | 5.492% | 5.541% | 5.532% | 5.578% | ||
| November | 5.591% | 5.64% | 5.59% | 5.649% | 5.64% | 5.687% |
| December | 4.926% | 5.308% | 4.99% | 5.357% |
2017 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 4.499% | |||
| November | 4.510% | 4.470% | ||
| October | 4.635% | 4.152% | ||
| September | 4.376% | |||
| August | 4.537% | |||
| July | 4.766% | 5.059% | 4.497% | |
| June | 4.596% | |||
| May | 4.668% | 4.514% | ||
| April | 4.625% | 4.944% | ||
| March | 4.827% | 5.121% | 4.817% | 5.170% |
| February | 4.607% | 4.901% | ||
| January | 4.585% | 4.904% | 4.598% |
2016 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 4.596% | 4.916% | ||
| November | 4.357% | 4.677% | 4.669% | 4.734% |
| October | 4.261% | 4.315% | ||
| September | 4.082% | 4.136% | 4.290% | 4.355% |
| August | 4.093% | |||
| July | 4.091% | 4.115% | ||
| June | 4.232% | |||
| May | 4.32% | 4.194% | ||
| April | 4.311% | |||
| March | 4.553% | 4.333% | ||
| February | 4.324% | |||
| January | 4.831% | 4.288% |
2015 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 4.873% | |||
| November | 4.778% | 4.176% | ||
| October | 4.80% | |||
| September | 5.002% | 4.695% | ||
| August | 4.909% | |||
| July | 4.961% | 4.326% | ||
| June | 5.062% | |||
| May | 4.850% | 4.374% | ||
| April | 4.591% | |||
| March | 4.799% | 4.401% | ||
| February | 4.546% | |||
| January | 4.416% | 4.601% |
2014 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 4.782% | |||
| November | 4.879% | 4.555% | ||
| October | 4.821% | |||
| September | 5.002% | 4.695% | ||
| August | 4.960% | |||
| July | 4.952% | 4.510% | ||
| June | 5.069% | |||
| May | 5.080% | 4.508% | ||
| April | 5.192% | |||
| March | 5.289% | 4.484% | ||
| February | 5.309% | |||
| January | 5.541% | 4.672% |
2013 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 5.458% | |||
| November | 5.459% | 4.404% | ||
| October | 5.451% | |||
| September | 5.698% | 4.859% | ||
| August | 5.24% | |||
| July | 5.232% | 4.420% | ||
| June | 4.529% | |||
| May | 4.151% | 3.613% | ||
| April | 4.162% | |||
| March | 4.3% | 3.712% | ||
| February | 4.29% | |||
| January | 4.212% | 3.625% |
2012 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 4.009% | |||
| November | 4.1714% | 3.520% | 4.374% | 3.766% |
| October | 4.262% | 4.466% | ||
| September | 4.279% | 3.487% | 4.483% | 3.733% |
| August | 4.451% | 4.654% | ||
| July | 4.459% | 3.70% | 4.662% | 3.945% |
| June | 4.50% | 4.703% | ||
| May | 4.462% | 3.757% | 4.665% | 4.003% |
| April | 4.749% | 4.951% | ||
| March | 4.591% | 3.826% | 4.793% | 4.071% |
| February | 4.711% | 4.914% | ||
| January | 4.839% | 3.818% | 5.041% | 4.341% |
2011 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 4.95% | 5.153% | * | * |
| November | 5.081% | 5.081% | 4.199% | 4.199% |
| October | 4.61% | 4.968% | * | * |
| September | 4.70% | 5.059% | 3.77% | 4.206% |
| August | 5.14% | 5.501% | * | * |
| July | 5.59% | 4.50% | ||
| June | 5.52% | * | ||
| May | 5.64% | 4.59% | ||
| April | 5.90% | * | ||
| March | 5.94% | 4.59% | ||
| February | 6.07% | * | ||
| January | 5.74% | 4.70% |
2010 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 5.57% | * | ||
| November | 5.10% | 3.53% | ||
| October | 4.52% | * | ||
| September | 4.62% | 3.69% | ||
| August | 4.93% | * | ||
| July | 5.21% | 4.17% | ||
| June | 5.29% | * | ||
| May | 5.52% | 4.61% | ||
| April | 5.77% | * | ||
| March | 5.61% | 4.60% | ||
| February | 5.56% | * | ||
| January | 5.79% | 4.94% |
2009 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 5.47% | * | ||
| November | 5.03% | 4.15% | ||
| October | 4.52% | * | ||
| September | 5.14% | 4.26% | ||
| August | 5.39% | * | ||
| July | 5.24% | 4.37% | ||
| June | 5.90% | * | ||
| May | 5.37% | 4.49% | ||
| April | 5.25% | * | ||
| March | 5.60% | 5.07% | ||
| February | 5.70% | * | ||
| January | 6.67% | 6.83% |
2008 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 7.171% | * | ||
| November | 7.75% | 7.12% | ||
| October | 6.60% | * | ||
| September | 6.57% | 6.36% | ||
| August | 6.99% | * | ||
| July | 6.85% | 6.60% | ||
| June | 6.65% | * | ||
| May | 6.46% | 5.82% | ||
| April | 6.34% | * | ||
| March | 6.46% | 5.82% | ||
| February | 6.13% | * | ||
| January | 6.14% | 5.79% |
2007 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 6.26% | * | ||
| November | 6.48% | 6.37% | ||
| October | 6.54% | * | ||
| September | 6.53% | 6.50% | ||
| August | 6.75% | * | ||
| July | 6.79% | 6.85% | ||
| June | 6.68% | * | ||
| May | 6.28% | 6.36% | ||
| April | 6.29% | * | ||
| March | 6.20% | 6.30% | ||
| February | 6.46% | * | ||
| January | 6.29% | 6.44% |
2006 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 6.09% | * | ||
| November | 6.54% | 6.73% | ||
| October | 6.55% | * | ||
| September | 6.72% | 6.87% | ||
| August | 6.88% | * | ||
| July | 7.25% | 7.45% | ||
| June | 7.00% | * | ||
| May | 7.05% | 7.19% | ||
| April | 6.82% | * | ||
| March | 6.75% | 6.97% | ||
| February | 6.53% | * | ||
| January | 6.39% | 6.60% |
2005 Rates
| Month | 20 Year Traditional Loan | 20 Year Debt Refinance Loan | 10 Year Traditional Loan | 10 Year Debt Refinance Loan |
|---|---|---|---|---|
| December | 6.57% | * | ||
| November | 6.54% | 6.84% | ||
| October | 6.38% | * | ||
| September | 6.05% | 6.17% | ||
| August | 6.40% | * | ||
| July | 6.04% | 6.13% | ||
| June | 5.86% | * | ||
| May | 6.13% | 6.13% | ||
| April | 6.40% | * | ||
| March | 6.24% | 6.20% | ||
| February | 5.92% | * | ||
| January | 6.15% | 5.86% |
