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ARCHIVEARCHIVED EVENT BRIEFLAST CHANGED Nov 6, 2026, 10:05 PM
HOUSING & REAL ESTATE • UNITED STATES

U.S. 30-Year Mortgage Rate Averaged 7.33% in October

1 SOURCES UNITED STATESRESOLVED
HISTORICAL RECORD

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BLUF

The 30-year fixed mortgage rate averaged 7.33% in October, up 0.47 percentage points from September, according to NAHB Eye on Housing citing Freddie Mac. The rate reached 7.40% early in the month before easing later.

HOW THIS BRIEF WAS MADE 1 outlet: 1 trade press. Automated sourcing and summaries by the BLUF engine. Corrections

Why it matters

Higher mortgage rates can raise borrowing costs for homebuyers and affect housing affordability and demand in the United States. The article attributes the increase to rising Treasury yields amid accelerating inflation.