Where mortgage rates actually are
The 30-year fixed averages 7.24% for the week of October 29, 2026, down 0.08 points from last week. The 15-year fixed averages 6.60%.
Weekly Freddie Mac averages across lenders. No teaser rates, no sign-up needed to see them.
This week against the past year
| Loan | This week | Last week | A year ago | 52-week range |
|---|---|---|---|---|
| 30-year fixed | 7.24% | 7.32% | 6.17% | 5.98% to 7.40% |
| 15-year fixed | 6.60% | 6.68% | 5.41% | 5.35% to 6.73% |
See what a payment looks like
Enter a price and we fill in this week's average rate. Change anything you like.
Averages are not quotes
A national average describes the middle of the market for well-qualified borrowers. Lower credit scores, smaller down payments, investment properties, and paying points all move the rate you are offered. Use the average to see which way rates are heading and to sanity-check an offer, then compare written quotes from several lenders for the same loan type, term, and points.
Mortgage rates follow long-term Treasury yields but not one-for-one. The gap between them changes over time, and we track it on the Treasury spread page.