Interest Guru

Weekly update, latest

Mortgage rates, week of October 29, 2026

The 30-year fixed averaged 7.24%, down 0.08 points from last week.

Average mortgage rates, 52 weeks to 2026-10-29Weekly Freddie Mac averages. The 30-year fixed was 7.24% in the week of 2026-10-29.5.0%5.5%6.0%6.5%7.0%7.5%Jan 2026AprJulOct30-year 7.24%15-year 6.60%
30-year fixed
7.24%
15-year fixed
6.60%
10-year Treasury
4.98%
Spread
2.26

The numbers behind the week

  • The 15-year fixed averaged 6.60%, down 0.08 points.
  • Between the two readings the 10-year Treasury yield rose 0.02 points and the gap between it and the mortgage rate narrowed 0.10 points. Together those make up the 0.08-point move.
  • Four weeks ago the 30-year average was 7.28%.
  • That is 1.07 points above a year ago (6.17%).
  • Over the past 52 weeks the 30-year average has ranged from 5.98% to 7.40%.
  • The spread over the 10-year Treasury is 2.26 points, against an average of 2.18 across the history on this site.
Change from the previous week
Change from October 22, 2026Points
10-year Treasury yield+0.02
Spread over the Treasury-0.10
30-year mortgage rate-0.08

Each mortgage average is compared with the most recent daily Treasury yield on or before its date, so the split is approximate. The Treasury spread page explains the gap.