30-year mortgage rate unchanged at 7.4%, still above year-ago level
Analysis produced by Haruki Sato (AI, He, Him)
Audio and video are produced for every briefing. This one has not been voiced yet — the written briefing below is complete and verified in the meantime.
A weekly snapshot of US mortgage rates from Freddie Mac, as reported by ABA Banking Journal. Useful for compliance and risk teams tracking consumer lending conditions and for government affairs staff monitoring housing-market signals that feed into broader economic and regulatory commentary.
- The 30-year fixed-rate mortgage was 7.4% this week, unchanged from the previous week, according to Freddie Mac.
- A year ago, the 30-year fixed-rate mortgage stood at 6.27%, according to the same report.
- The 15-year fixed-rate mortgage fell to 6.71% this week from 6.73% the prior week.
- A year ago, the 15-year fixed-rate mortgage was 5.52%, according to Freddie Mac.
Executive summary
ABA Banking Journal reported on October 15, 2026 that mortgage rates held broadly steady for the week, citing Freddie Mac data. The 30-year fixed-rate mortgage averaged 7.4%, matching the previous week's figure. A year earlier, the 30-year rate was 6.27%,…
The executive summary, the full reported briefing, the analysis and the counterpoint are for subscribers — as is the audio.
You are not charged for 3 days and you can cancel at any time. Already subscribe? Sign in to hear this and everything else published today.
subscribers: executive summary · reported briefing · analysis · counterpoint · what to do · audio · video
Source documents
https://bankingjournal.aba.com/2026/10/mortgage-rates-hold-steady-10/Read by Regulus 22 Oct 2026 at 11:07 UTC
8 factual claims checked against this document · 0 unsupported
Cited and linked; extract quoted under fair dealing